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Ministry of Power

Sungrow Tops ESG Rankings in China

Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […]

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Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect

The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […]

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Gautam Solar Upgrades Solar Pump Controllers, RMUs for Solar Systems

Solar manufacturer Gautam Solar has announced an upgrade of its solar pump controllers & remote monitoring units for solar PV systems. The company claims the following: The Solar Pump Controllers have homegrown Variable Frequency Drives & Remote Monitoring Units tuned for 1 – 10 HP of solar pumps (DC / AC & Surface / Submersible). […]

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PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid

Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […]

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PGCIL Inks Pact with Africa50 for Kenya Transmission Project

State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis. According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV […]

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Algeria Releases Solar Tender to Deploy 1 GW Capacity

The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each. The developers can submit technical and financial offers by April 30, 2022. Algerian Renewable Energy Company (SHAEMS), […]

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Decarbonisation to See $395 B Capex by 2030: Report

As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […]

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CEL Invites Tender for 25 MW Of DRE Projects In Maharashtra

Privatization bound Central Electronics Limited (CEL), presently still a public sector enterprise under the Ministry of Science and Technology, has invited bids for the design, supply, erection, testing, and commissioning of decentralized solar systems ranging from 2 MW to 10 MW for a cumulative capacity of 25 MW at various substations in Maharashtra. Central Electronics […]

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