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PERC

BHEL Seeks 500 MW Mono PERC Supplier For REWA Solar Park Bid

State owned Bharat Heavy Electricals Limited (BHEL) has invited bids under two part bid system from manufacturers / suppliers of Mono crystalline Silicon PV Modules for purpose of pre-bid tie up for participating in 500 MW Rewa Ultra Mega Solar Limited (RUMSL) Solar Park tender at Neemuch in Madhya Pradesh. The last date for bids […]

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State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030

ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA

In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […]

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Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR

The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […]

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Siemens Gamesa to Produce 100 Percent Green Hydrogen for Decarbonizing the Polluting Industries

In the crucial times of Climate Change, the world is trying to fight it by lowering carbon emissions. This economic decarbonization could be done by eliminating carbon-neutral fuels in transport sectors and polluting industries. In the Wind and Power industry, Siemens Gamesa is all set to bring the Brande Hydrogen pilot project, which will produce […]

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JPMorgan Chase and Brookfield Renewable Launch Collaboration to Power Over 500 Offices and Branches in New York with 100 Percent Renewable Electricity

JPMorgan Chase and Brookfield Renewable today announced a five-year energy agreement for supplying clean, renewable electricity to over 500 of JPMorgan Chase’s real estate operations in New York State. Brookfield Renewable, which is, together with its institutional partners, an owner and operator of one of the world’s largest publicly traded renewable power platforms, will provide […]

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Flipkart Pledges to 100 Percent EV Fleet by 2030

Flipkart has announced it is committing to a phased integration of electric vehicles (EV) into its entire fleet (directly owned or leased fleets) by 2030. Flipkart has announced its commitment to transition to electric vehicles (EV) by joining the Climate Group’s global electric mobility initiative, EV100. As a part of this commitment and to support […]

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