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Trend Analysis: Govt Funding for Grid Connected Solar Rooftops

However, the ratio of allocation of funds for the grid-connected solar rooftop segment has been declined sharply. With an aim to promote solar energy in the country, government has taken various significant measures in the past few years including amendments in policies, releasing funds under various schemes for the sector etc. However, most of the []

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Could Solar Energy power Indian homes for free?

Imagine running all your electricity-hungry home appliances and devices at home as much as you want and paying zero or near-zero electricity bill. This is already an accepted way of life for many people in Germany, a handful of American states, and a few other countries around the world where electricity tariffs have not just []

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Kerala Govt Inks Deal With Toshiba for Manufacturing Li-ion Batteries

The Kerala Government has signed an EoI with Toshiba for the technology transfer and manufacturing of Li-ion batteries for EV The Kerala Government has signed an Expression of Interest with Toshiba for the technology transfer and manufacturing of lithium-ion (Li-ion) batteries for electric vehicles (EV). The agreement is an outcome of the Japan visit by []

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Saipem Bags two Contracts Worth 750 mn for Offshore Wind Farms

Saipem has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of Euro 750 million. Saipem has announced that it has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of []

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Tata Power Exec Reshuffle: Srinivasan to Chair Delhi Distribution, Banga to Head T&D Biz

In a significant executive reshuffle in Tata Power, Ganesh Srinivasan, who was heading the transmission & distribution (T&D) business, has been appointed as the new Chief Executive Officer (CEO) of Tata Power Delhi Distribution Ltd (Tata Power-DDL). He will take charge, with effective from December 2, 2019, from Sanjay Banga, who has been now elevated []

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EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030

A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for []

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AC Energy Launches $400 mn Fixed for life Green Bond

AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporations energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal []

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MERC Approves Rs 2.52/kWh Tariff for Procurement of 500 MW Wind Power

MERC has approved the tariff of Rs 2.52/kWh for the procurement of 500 MW wind power as requested by the MSEDCL in its last petition. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the tariff of Rs 2.52/kWh for procurement of 500 MW wind power as requested by the Maharashtra State []

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Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said.

The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the ministers continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the []

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