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capex

Equinor and SSE Reach Financial Close on World’s Biggest Offshore Wind Farm

Dogger Bank wind farm owners, Equinor and SSE, have announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally. “Reaching financial close on the two first phases of Dogger Bank is a major milestone, demonstrating our commitment to profitable growth within offshore […]

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Renewables in APAC to be Cheaper Than Coal by 2030, Led by India

A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […]

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Association of Power Producers Request Financial Support From Finance Minister

The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […]

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BSES Launches its Rooftop Solar Program in Safdarjung and Karkardooma

BSES Discoms have announced the expansion of their Solar City Program by launching ‘Solarise Safdurjung” and ‘Solarise Karkardooma’. Two Delhi Discoms in BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) claim to be committed to aggressively promoting rooftop solar in South, West, East and Central Delhi. As a result of which, there […]

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Government Measures Remain key to Boost EV Sales in India: Ind-Ra

Ind-Ra in its latest market analysis covers the factors influencing electric vehicle (EV) sales in India during the pandemic and beyond. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric vehicles (EVs) in the […]

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Pandemic to Delay EV Penetration in India; 2Ws in the Clear: Ind-Ra

Ind-Ra has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. India Ratings and Research (Ind-Ra) has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. The analysis cites low affordability and the […]

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PV Module Innovations to Help Drive Down Solar Costs in 2020s: WoodMac

In the 2020s, improvement in module efficiency and power class will propel the declining capex trend-forward and ultimately lower the solar LCOE The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar […]

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State-run Majors, PFC, NHPC, NTPC Set Ambitious Performance Fiscal Year Targets

Leading state-run utilities Power Finance Corporation (PFC), NTPC and the NHPC signed agreements with the power ministry on Wednesday to set up ambitious performance targets for the current financial year, despite flagging demand in wake of the pandemic. The exercise is an annual process, wherein the firms under the ministry set targets for the next […]

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Policies for An Atmanirbhar Energy Sector

As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […]

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