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Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh

RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […]

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How World Record Low Solar Prices Moved Out of India

Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […]

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Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […]

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Gujarat Government Announces Subsidy for Electric Vehicles

The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy […]

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UP Govt Working on Installation of 8000 Solar Borewells in the State

The UP Government plans on installing 8,000 solar-powered borewells in the state, almost 35 percent of them would come up in the Purvanchal district. The State Government of Uttar Pradesh (UP) has announced that it plans on installing 8,000 solar-powered borewells in the state in the coming days. As per the details provided almost 35 percent […]

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Sterling and Wilson Solar Bags Rs 462 Crore Solar Project in Chile

Sterling and Wilson Solar has signed an order of 106.71 MW solar project worth Rs 462 crore in Chile, work for which is expected to begin in Q4 FY 2021. Sterling and Wilson Solar has announced that it has signed an order of 106.71 MW solar project worth USD 62.6 million (~Rs 462 crores) in […]

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“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms

The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […]

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Tender Issued for 100 MW Wind Projects in Bangladesh

BPDB has tendered for selection of project sponsors for implementation of wind power projects of 100 MW (50 MW x 2) capacity at two sites in Bangladesh. The Bangladesh Power Development Board (BPDB) has issued a tender for the selection of project sponsors for the implementation of grid-tied wind power projects having a capacity of […]

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With Right Investments, UK can Lead World to Net-Zero Goals: Report

Wood Mackenzie has delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS). Closing the Gap – Technology for a Net Zero North Sea produced by Wood Mackenzie for the OGTC, with support from […]

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