SUBSCRIBE NEWS LETTER

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Electricity Procurement Contracts Down 11% in December 2019: Report

Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […]

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Magenta Power Opens its First R&D Centre in Navi Mumbai

Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in India. The new facility will help […]

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Ørsted Begins Work on its 752 MW Offshore Wind Complex in Netherlands

Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the 1st foundations at the 752 MW Borssele 1 & 2 offshore farm Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752 MW Borssele 1 & 2 offshore wind farm, […]

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IRENA and EBRD Sign Agreement to Strengthen Cooperation

IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […]

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GERC Approves Rs 2.80/Unit Tariff for 202.6 MW of Wind Projects

GERC has approved the tariff of Rs 2.80 per unit obtained by GUVNL for the procurement of power from 202.6 MW grid-connected wind power projects in Gujarat. The Gujarat Electricity Regulatory Commission (GERC), in its latest order, has approved the tariff of Rs 2.80 per unit obtained by the Gujarat Urja Vikas Nigam (GUVNL) via […]

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Green Tech Revolutions And India’s Chance to Shine: Study

Green technology comes at a price and India can help break the “green curse” by persuading South Asian countries to adopt sustainable practices Green technology comes at a price and India can play a pivotal role in breaking the “green curse” by persuading South Asian countries to adopt sustainable practices in mining critical minerals needed […]

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Brookfield Renewables Submits Proposal to Acquire TerraForm Power

Brookfield Renewables has announced that it has made a non-binding, all-share proposal to acquire the outstanding shares of TerraForm Power Brookfield Renewables Partners has announced that it has made a non-binding, all-share proposal to acquire the outstanding Class A common shares of TerraForm Power, other than the 62 percent owned by Brookfield Renewable and its […]

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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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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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