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Delhi’s Power Demand Continues to Grow, More so on Summer Nights

Delhi’s power demand this summer peaked at nights with cooling load due to the use of AC, coolers contributing to the maximum consumption of electricity The power demand in Delhi this summer peaked at night with “cooling load” due to the use of AC, coolers and fans contributing to the maximum consumption of electricity. Data from […]

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REC Sales Drop to Nearly Half in August

The sales of REC in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to 8.19 lakh units sold in the same month last year. The sales of Renewable Energy Certificates (REC) in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to […]

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Adani Green Energy Acquires Solar Projects Worth 205 MW From Essel

Adani Green Energy has announced that it has signed a securities purchase agreement for the acquisition of 205 MW operating solar assets from Essel Adani Green Energy has announced that it has signed a securities purchase agreement for the acquisition of 205 MW operating solar assets of Essel Green Energy Private Limited (EGEPL) and Essel […]

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Senvion Enters Final Stages of M&A Process

Senvion, after receiving several advanced offers for various substantial core parts of its business, is now entering final stages of Merger and Acquisition process. German wind energy major, Senvion has announced that after receiving several advanced offers for various substantial core parts of its business, the company is now entering final stages of the Merger […]

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Xcel Energy to Begin Work on 522 MW New Mexico Wind Plant

Xcel Energy plans to begin construction of the 522 MW Sagamore wind farm in New Mexico by the end of the year, and into commercial operation by late 2020. Xcel Energy, a utility holding company based in Minneapolis, has announced that it plans to begin construction of the 522 MW Sagamore wind farm in New […]

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Dominion Energy Proposes Largest Electric School Bus Initiative in the US

Dominion Energy has announced plans for the nation’s largest electric school bus deployment to reduce emissions, cut costa and enhance grid reliability. Dominion Energy Virginia has announced plans for the nation’s largest electric school bus deployment to reduce emissions, provide cost savings to school districts and enhance grid reliability. In the coming weeks, bus manufacturers will be […]

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Vestas Sells Majority Stake in 3 Romanian Wind Projects

Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […]

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Railways to Go 100% Electric in 10 Years: Piyush Goyal

In an effort to curb its carbon footprint, Piyush Goyal has announced that the Indian Railways will go 100 percent electric in the next 10 years Railway Minister Piyush Goyal announced that the government has decided to put a deadline for 100 percent electrification of the railways. He says that the government plans to complete […]

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EVs to Cost as Much as Conventional Vehicles in 2-3 Years: NITI Aayog CEO

Niti Aayog CEO Amitabh Kant says that the falling cost of batteries could pull down the price of EVs at par with conventional vehicles in the coming years Niti Aayog CEO Amitabh Kant has said that the falling cost of electric vehicle batteries could pull down the cost of EVs and bring it at par […]

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