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ET Energy

Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms

The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […]

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Drones Market Revenue in Power Sector to Touch $515 Mn by 2030

With the surge in adoption of technologically advance activities in the power sector such as digital transformation, remote monitoring and operational cost optimization, the market for drones in the power and utility sector will continue to expand at a compound annual growth rate (CAGR) of 23.6 percent and will reach USD 515 million by 2030, […]

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‘Ultra-Mega Solar Parks Kick-Start India’s Energy Transition by Attracting Foreign Capital, Developers’

India’s approach towards building ultra-mega power plant (UMPP) attracted foreign investment and leading global developers which drives towards a renewable energy investment boom in the country. This has also provided investors with an opportunity to join a USD 500-700 billion renewable energy and grid infrastructure investment boom in the coming decade. “This approach has driven […]

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India Moves Up at 74th Rank in Global Energy Transition Index

India has moved up two places and secured the 74th position on the global Energy Transition Index (ETI) after improvements in all key parameters of the economic growth, energy security and environmental sustainability, as per the World Economic Forum (WEF) annual rankings. According to WEF report, coronavirus will compromise the transition to clean energy without an […]

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Cracks in PVDF Backsheet Jumps Four-Fold between 4-9 yrs of Installation: DuPont Report

The overall outer layer cracking rate of polyvinylidene fluoride (PVDF) backsheets increased by more than three times as compared to 2019, as revealed by DuPont in its latest 2020 Global Photovoltaic (PV) Reliability Report. The 2020 field report was compiled from inspection and analysis of nearly 3 GW of PV installations across the globe, spanning […]

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TransAlta Renewables Net Earnings Slip in Q1

Canada-based independent power producer (IPP) TransAlta Renewables has reported a sharp decline of CAD 73 million in its net earnings attributable to common shareholders to merely CAD 3 million, during the first quarter of 2020. The company’s net earnings attributable to common shareholders stood at CAD 76 million in the same period last year. Further, […]

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India needs 30-fold Jump in Renewable and Nuclear Energy: Dr. Anil Kakodkar

In order to make 70 percent carbon free energy, India will require a 30-fold surge in both renewable energy and nuclear energy along with doubling of thermal energy, said Dr. Anil Kakodkar. Dr. Kakodkar, a Padma Vibhushan awardee and a former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission, […]

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Smart Prepaid Meters Enable Discoms Generate 95% Billing Efficiency amid Lockdown

Despite lockdown imposed across the country due to coronavirus crisis, the use of smart prepaid meters is helping power distribution companies (Discoms) in generating around 95 percent of billing efficiency, along with an average 15-20 percent increase in monthly revenue per consumer. This is significant as most of the Discoms amidst lockdown in the country […]

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Ameresco Partners with New Hampshire on Energy Savings Performance Contract

Ameresco is partnering with the State of New Hampshire for undertaking energy conservation measures at over 20 state facilities Ameresco, a leading energy efficiency and renewable energy company, has announced that it is partnering with the State of New Hampshire on an energy savings performance contract (ESPC) that will allow for energy conservation measures at […]

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