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Sterlite Power Unveils Innovative Soln to Trim Losses in RE Segment

With an aim to significantly reduce losses in the renewable energy (RE) space, Sterlite Power has developed an innovative solution called ‘low loss conductor’. This new product is a combination of Aluminium conductor, and can reduce losses by up to 40 percent as compared to other conventional conductors. This new innovative conductor is highly corrosion […]

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Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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PepsiCo Targeting 100% Renewable Electricity in the US

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […]

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Altus Power Raises USD 850 Million to Expand Solar Portfolio

Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […]

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Double the Share of Renewables to Achieve Energy Transition Goals

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […]

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Lithium Urban Fleet now Powered by 1000 Mahindra Electric Vehicles

Mahindra Electric, Lithium Urban Technologies have announced their partnership has crossed the milestone of 1,000 electric vehicles in the Lithium fleet Mahindra Electric, part of the USD 20.7 billion Mahindra Group and Lithium Urban Technologies, India’s largest zero-emission service for employee transportation, have announced that their partnership has crossed the significant milestone of 1,000 Mahindra […]

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Tata Power Solar Bags 250 MW Solar Project From NTPC Under CPSU Scheme

Tata Power Solar has received a Letter Of Award (LOA) from NTPC for the development of a 250 MW solar project under the CPSU scheme. Tata Power Solar Systems Ltd, India’s largest solar energy company and a wholly-owned subsidiary of Tata Power, has received a Letter Of Award (LOA) from NTPC for a 250 MW […]

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Energy Transformation can Employ 40 mn People in Renewables: Report

The renewables sector could employ more than 40 million people by 2050 under IRENA’s climate-safe energy path, according to a new report. The renewables sector could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a new report published by the Agency during its […]

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ACWA Power to Build 240 MW Wind Project in Azerbaijan

ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […]

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