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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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Synergy Needed Among Architects, Real Estate Developers, Govt to Deliver Green Buildings: Sanjay Seth

Synergy is required amongst the architects, the real estate developers and the government to design and deliver green buildings. Green buildings are still perceived to be expensive by the end users. While there have been steps taken to orient the market towards a life-cycle approach in estimating the financial implication of construction, operational savings due […]

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NTPC Designated RE Implementing Agency for Long Term Access in ISTS Network

The Ministry of New and Renewable Energy (MNRE) has designated state-owned NTPC as the renewable energy (RE) implementing agency to facilitate the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network. As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in […]

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EESL to set up Decentralised Solar Projects Worth 1.5 GW by 2021

EESL plans to set up 1.5 GW of decentralised solar power projects across the country by the end of 2020-21, its managing director, Saurabh Kumar has said. State-owned Energy Efficient Services Ltd (EESL) has forayed into solar power generation and plans to set up 1.5 GW of decentralised solar power plants across the country by […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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Driving Forces behind JinkoSolar 2 GW Ordered Swan Bifacial

Bifacial solar modules have attracted a lot of market attention in recent years. Installed capacity grew from only 97 W globally in 2016 to over 5,400 W in 2019. Furthermore, between 2019 and 2024, the size of the bifacial market is poised to increase tenfold. The driving forces behind this phenomenal growth differ from region […]

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LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors

LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […]

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India to be Electricity-Based Economy Eventually: RK Singh

Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […]

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Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA

ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […]

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