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Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion

An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […]

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IRENA Releases Reports On Global Hydrogen Trading Trends In 2050

A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […]

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National Thermal Power Corp Floats Two Tenders for Solar Cold Storages & Solar Water Pumps

National Thermal Power Corporation Limited (NTPC) has invited bids for two solar tender including solar-powered cold storage & solar-powered water pumps. Installation and Commissioning work of solar-powered cold storage will be in Senegal, Djibouti, Sudan, and Seychelles & solar-powered water pumps will be in Burundi, Ethiopia, Suriname, Mozambique, and Cuba. The last date to submit […]

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Himachal Group Opposes World Bank Consultation Over Hydropower

A motley group of dam affected people and other activists in Himachal Pradesh have shot off a letter to the World Bank and Directorate of Energy, HP, on July 6 protesting against the hydropower projects in the state. They also boycotted the scheduled ‘Stakeholder Consultation’ for the proposed $200 million ‘Himachal Pradesh Power Sector Development Programme’. […]

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Chargeup,Two More Join Up To Offer E-Rickshaws At Rs 90,000

The Delhi-based battery-swapping company, Chargeup has announced its collaboration with two firms including Paisalo Digital Ltd and Goenka Electric Motors (GEM). Companies said, through this collaboration, they will help E-rickshaw drivers own their vehicles at only Rs 90000 only. Chargeup said it’s for the first time when an affordable E-Rickshaw Sale across Delhi/NCR has been […]

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Shell To Build Europe’s Largest Renewable Hydrogen Plant

When Holland Hydrogen I starts operating in 2025, it will produce up to 60,000 kg of renewable Hydrogen and become the largest renewable hydrogen plant in Europe. Hydrogen will be produced by a 200 MW electrolyser, which will be constructed by Shell Nederland and Shell Overseas Investments in the port of Rotterdam. “Holland Hydrogen I […]

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IIT Kharagpur Scientists Develop Fast Charging E-Cycle Powered By Na-Ion batteries

Scientists at the IIT Kharagpur have developed sodium-ion batteries and supercapacitors using nanomaterials. The battery can be used in an electric bicycle (E-cycle) and is capable of quick charging. The price of e-cycle will drop dramatically since sodium(Na)-ion batteries are less expensive than lithium-ion batteries. Dr. Amreesh Chandra, a professor in the Department of Physics […]

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Kerala Regulator Gives Nod To Reduced Tariff On Procurement Of Solar Power

The Kerala State Electricity Board (KSEB) has received the nod of the Kerala State Electricity Regulatory Commission (KSERC) towards the procurement of 90 MW of solar power for 25 years at a reduced tariff of Rs 2.77 kWh from NTPC. The Commission gave its approval to KSEB to finalise the PPA at the lower tariff. […]

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Enercon To Receive €500 Million Worth Aid From German Govt

In a major announcement, Enercon has informed that the German wind turbine maker will receive € 500 million as financial aid from the German Government from the WSF Economic Stabilisation Fund. The state fund is meant to help the renewable energy player to deal with the impact of the COVID-19 led pandemic. The turbine manufacturer […]

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