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Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW

“Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […]

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EV Startup Etrio Enters Electric 3-Wheeler Segment With new Launch

Etrio has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under the brand name “Touro”. Etrio, one of India’s fastest-growing electric vehicle (EV) startups with the aim of electrifying intracity logistics has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under […]

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Engie EPS Unveils Hydrogen-Based Energy Storage System in Greece

Engie EPS has unveiled its hydrogen-based energy storage system built with its proprietary technology in Greece. Engie EPS, has announced the unveiling of the hydrogen-based energy storage system built with its proprietary technology in Agkistro, Greece. The Agkistro site, presented in October in an event attended by numerous representatives of Greek authorities and of the […]

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More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study

If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […]

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Capital Dynamics, Sol Systems Finance Renewable Energy Projects Across the US

Capital Dynamics, an independent global private asset management firm, today announced that the joint venture entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business and Sol Systems, one of the most experienced solar finance and development platforms in the United States, has secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America. […]

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NEEPCO Tenders for O&M of 5 MW Solar Plant in Tripura

NEEPCO has issued a tender, seeking assistance in the execution of the day-to-day O&M work of the 5 MW solar plant at the Tripura Gas Based Power Plant. The North Eastern Electric Power Corporation (NEEPCO), a subsidiary of NTPC, has issued a tender seeking assistance in the execution of the day to day operation and […]

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E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B

Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […]

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BHEL Tenders for O&M Works for NTPC 50 MW Solar Project

BHEL has tendered for the operation and maintenance (O&M) of NTPC’s 50 MW solar power plant at Ananthapur, Andhra Pradesh for a period of 11 months. BHEL has issued a tender, inviting bids from eligible vendors for undertaking the task of operation and maintenance (O&M) of NTPC’s 50 MW solar power plant at Ananthapur in […]

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India’s RE Capacity at 89.22 GW, 436 MW Added in September: MNRE

MNRE has informed in its monthly summary that India’s total installed RE capacity reached 89.22 GW by the end of September 2020. The Ministry of New and Renewable Energy (MNRE) has informed that India’s total installed renewable energy (RE) capacity has reached 89.22 GW by the end of September 2020. The information was issued in […]

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