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Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India

Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […]

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Solar Power To Feed 7,000 Railway Stations: Arun Jaitely

“It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […]

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China takes Global Lead in Renewable Energy Investments

China’s overseas investment in renewable energy projects jumped last year by 60 percent to a record $32 billion (30 billion euros), marking its leadership in the global market for clean energy, as reported on IEEFA. In 2016, China finalized 11 foreign deals worth more than a billion dollars each, and is expected to pick up […]

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Duke Energy completes sale of international business in Brazil

Duke Energy completed the previously announced sale of its international business in Brazil to China Three Gorges Corp. for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic regulated business, which was further bolstered by the acquisition of Piedmont Natural Gas. Duke Energy announced the sale […]

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Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina

Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […]

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Piyush Goyal to release 3 reports today at ‘Empowering the Grid to meet Future Challenges’

Power Grid Corporation of India Ltd. (PGCIL) is organizing an event ‘Empowering the Grid to meet Future Challenges’ in National Capital where the Renewable Energy Minister, Piyush Goyal is expected to release three reports. The three reports include ‘Renewable Energy Integration: Transmission, an Enabler’ and ‘Green Energy Corridors – II’ and ‘Electricity Demand Pattern Analysis’. […]

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Emerging batteries and storage management strategies pave the way for microgrids

It may sound ludicrous, but the concept of producing electricity is not very different from producing vegetables. It’s a different thing that the quality of one is increasing, the other in grave pity. We need more and more of electricity for our daily tasks – heating, cooling, cooking, commute (metro and electric vehicles); and so […]

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