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Developers, Indian Government May Need To Discuss Solars Perfect Storm Soon

As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, []

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Fimer To Launch Residential Inverter and Storage Platform

Global Inverter major FIMER plans to unveil its innovative, high-power inverter and high-capacity storage platforms for the residential market, offering a future-proof and scalable solution for all global installations. The attention to the residential category follows a quickening of solar adoption in India in the category too, after a high growth in the C&I segment. []

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IEX Clocks 59% YoY Trade Volume Growth during September

The Indian Energy Exchange (IEX) traded 8,997 MU electricity volume and achieved 59% YoY growth in September21, according to the power demand data published by the National Load Dispatch Centre. The data also showed that the national peak demand in September21 saw a 2% YoY increase, with the highest ever peak demand at 180.7 GW, []

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CESL Launches Grand Challenge for E-Buses Deployment in 9 Cities

In an attempt to boost the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the Grand Challenge a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings []

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MNRE Releases Updated ALMM List With 8 New Additions

The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective September 29, 2021, with the certifications valid to September 28, 2023, or two years. Unlike the few number of additions in the last list three []

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Power Ministry Makes Key Changes in REC mechanism To Boost Demand

The Union Power and new and renewable energy minister, R.K. Singh has approved key changes to the tradable renewable energy certificate (RECs) mechanism. Perhaps the biggest one is a decision to make the REC perpetual, till they are sold. Thus, it will take the pressure off renewable energy generators to sell within a timeline or []

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63% of Planned Battery Storage in US to Be Co-Located With Solar

Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in the Annual Electric Generator Report. Another 1.3 GW of battery storage []

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Global Fossil Fuel Subsidies Stand at $6 Trillion: IMF

New research produced by the International Monetary Fund (IMF) estimates global fossil fuel subsidies at about US$6 trillion (i.e. 6.8 percent of global GDP), with more than 70 percent reflecting undercharging for the environmental costs pertaining to the fuels, revealed IMF Managing Director Kristalina Georgieva at a recent UN energy summit. The IMF had previously estimated []

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Director (Finance)

 1.    COMPANY PROFILE:- NTPC Limited was incorporated in 1975 under the companies act, 1956 with objective to develop and provide reliable power, related projects and services at competitive prices, integrating multiple energy sources with innovative and eco-friendly technologies and contribute to society. NTPC became a listed company in 2004, with majority holding of 89.50% []

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