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PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule

The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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Siemens Gamesa Wins Its Largest Onshore Wind Farm Order in Vietnam

Siemens Gamesa has secured its largest order to date in Vietnam for a 117 MW wind farm following a series of both onshore and nearshore projects announced in 2020. The latest addition of a 117 MW wind project in onshore reinforces Siemens Gamesa as one of the leading players in Vietnam’s fast-growing wind industry. Located […]

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Racold Wins ‘Most Energy Efficient Appliance of the Year 2020’ Award From BEE

Bureau of Energy Efficiency recognizes Racold under electric storage water heater category Racold, India’s largest provider of water heating solutions, has added yet another milestone to its credit by bagging the ‘Most Energy Efficient Appliance of the Year 2020’ BEE award in the electric storage water heater category. With this win, Racold sets a new […]

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EPTA Seeking Resolution of RoW for RE Evacuation Projects in Gujarat

The EPTA wants timely government intervention for securing RoW resolution so that transmission projects for the evacuation of RE power in Gujarat can resume development at the earliest The Government of India has set a target for establishing 175 GW renewable capacity in the country by 2022 which includes 100 GW of solar and 60 […]

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3rd Deadline Extension for Empanelment of Agencies in E-Mobility Space

SECI has, for the third time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has, for now, the third time, extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the electric mobility (e-mobility) […]

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Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit

West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […]

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Total Expands Sustainable Energy Alliance With Adani, Takes 20% Stake in AGEL

Total has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. French multinational energy company Total has announced that it has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. The French giant […]

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