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SECI Floats Tender for 1500 MW Solar Projects Under CPSU-II

SECI has issued a tender for setting up of 1500 MW grid-connected solar projects in India (Tranche-II) under the second phase of the CPSU The Solar Energy Corporation of India (SECI) has issued a tender for the selection of solar power developers for setting up of 1500 MW grid-connected (including mini and microgrid) solar PV […]

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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […]

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India Leads Asia Pacific With Lowest Renewable Cost: Report

India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […]

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Duke Energy Announces 350 MW Wind Project in Oklahoma

Duke Energy Renewables has announced the largest wind power project in its fleet, the 350 MW Frontier Windpower II project in Kay County, Oklahoma. Duke Energy Renewables, a commercial business unit of Duke Energy, has announced the largest wind power project in its fleet – the 350 MW Frontier Windpower II project in Kay County, […]

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Avaada Energy to Implement 2 GW Open Access Solar Plants

This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […]

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Report Projects India Will Exceed its Paris Agreement Target

A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […]

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CAG Calls out West Bengal for Failing to Create Green Energy Fund

West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report.  The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […]

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AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding

AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […]

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10 GW RE Capacity Added Under Green Energy Corridor: RK Singh

India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project, Minister of Power and New and Renewable Energy, R K Singh has confirmed in a written response […]

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