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Renewable energy generation

Decentralized Renewable Energy may hold $100bn Investment Opportunity

DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […]

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Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy

The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […]

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Guam Signs Agreement with Hanwha Energy for 60MW Clean Energy

GPA has planned to use renewable energy sources in order to curb the use of non-renewable sources like fossil fuels citing their rising costs. Guam Power Authority has signed a power purchase agreement with the South Korean renewable energy provider, Hanwha Energy for developing 60 MW renewable energy project. General Manager, GPA, John Benavente said, […]

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India to Overachieve 175 GW Renewable Energy Target: UBM MD at REI Pre-Expo Press Meet

Asia’s leading renewable energy Expo ‘REI Expo’ is expected to attract participation of around 45 countries and 750+ exhibitors in the field of renewable energy. Global B2B event organizer, UBM held a pre-expo press briefing underlining the know-how of the Renewable Energy India Expo (REI Expo)scheduled for September 18th-20th, 2018. Asia’s most leading renewable energy […]

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Adani Green Energy Acquires AGEPtel to Foray Global Investments

AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […]

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Mytrah Energy Wins 300MW Out of NTPC’s 1200MW Auction

Mytrah Energy quoted a tariff of Rs. 2.79 per unit under the reverse e-Auction and won the bid for a capacity of 300 MW in the first Inter-State Transmission System (ISTS) wind bids conducted by NTPC. Leading renewable power producer, Mytrah Energy has won NTPC tender of 300 MW wind power out of 1200 MW […]

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Chennai Corporation Buildings to Run on Solar Energy

The earlier plan which included the installation on 1,000 buildings has been tweaked down to 662 Chennai corporation buildings such as schools, primary health centers, offices, public halls, and dispensaries. The Tamil Nadu state government has approved its long-awaited plan to install rooftop solar panels at Greater Chennai Corporation buildings in order to reduce dependency […]

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India Launches ‘Scale Up of Access to Clean Energy’ Scheme

Aiming at providing ease of access to clean energy, the scheme is targeting the underprivileged areas of the states Assam, Madhya Pradesh and Odisha. In a bid to promote the use of clean energy, President has given nod to cabinet approved ‘Scale Up of Access to Clean Energy’ Scheme. Aiming at providing ease of access […]

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India’s Energy deficit Shrinks to less than 1% in 2018: NITI Ayog

Cumulative installed capacity has nearly doubled, from 35.5 GW in 2013-14 to about 70 GW in 2017-18. The installed power generation capacity in India has risen to 344 GW and its energy deficit, which stood at over 4 per cent in 2014, has shrunk to less than one per cent in 2018, an official release said. NITI […]

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