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Implementation of 1000 MW Solar Power Projects With VGF

The detailed tender document is under preparation and shall be available for download from February 28, 2019. The Solar Energy Corporation of India (SECI) has issued a notice with reference to the NIT regarding the Tender for Implementation of 1000MW Grid Connected Solar PV Power Projects by the Government Producers with Viability Gap Funding (VGF) Support for Self-Use […]

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11 EU Countries Ahead of Their 2020 RE Targets: Eurostat

11 have already reached the level required to meet their national 2020 targets and moreover, 2 countries are around 1 percentage point away from their 2020 targets. The latest data report by Eurostat, the statistical office of the European Union, released yesterday shows that the European Union produced about 17.5 % of its power needs from […]

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IREDA IPO Expected By September

IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed.  “We can raise up to 15 percent of our equity. […]

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SECI Issues Tender for 3 GW Solar Linked with 1.5 GW Manufacturing

The detailed RfS document will be available for download from 18:00 hrs on January 30, 2019. The Solar Energy Corporation of India (SECI) has issued a tender for selection of solar power developers for setting up of a 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar […]

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Power Distribution Sector Needs Skill Development and Soon!

Distribution companies need to undertake measures like smart metering, smart grid technology, switching to renewable sources of energy, adoption of blockchain in managing distributed energy resources and Artificial Intelligence. All of this calls for upscaling of existing workforce and preparing future power sector professionals to make strong impacts in the power sector. The need of […]

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Govt Looking to Float 5 GW Manufacturing-Linked Solar Tender Again

Most of the large industry players stayed away from the tender. And now, the government plans to cancel the previous bids and start fresh bidding on the project. The Government is planning to float the infamous 5 GW manufacturing-linked solar tender for a second time, after scrapping the results from the first issue. Solar Energy […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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India Setting Example in Green Energy: Harsh Vardhan

The minister was speaking post the inauguration ceremony of Atal Complex for International Training Centre for Operational Oceanography. India is leading the race for mitigation of carbon emission and is setting an example for the whole world in fighting global warming with its various clean energy efforts, Harsh Vardhan, Union Minister for Environment and Science […]

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Union Cabinet Approves MoU Between India and France on Renewable Energy

The objective of the MoU as described in the press release, “is to define the modalities of discussions concerning, in particular, the future collaboration.” The Union Cabinet chaired by Prime Minister Narendra Modi has approved a memorandum of understanding (MoU) between India and France in the domain of renewable energy. The MoU was signed between […]

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