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Modi Confident India Will Surpass Renewable Energy Target for 2022

PM Modi is confident that India will increase and surpass its renewable energy target for 2022, going beyond 175 GW to reach 220 GW capacity by 2022. On behalf of hon’ble @PMOIndia, H.E. Shri @RajKSinghIndia , President of the ISA Assembly, Minister of Power, New & RE & Skill Development reads out the Prime Minister […]

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Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […]

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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector

CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […]

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Sungrow Supplies to Southeast Asia’s Largest Solar Installation in Vietnam

Sungrow, a leading global inverter solution supplier for renewables, has announced that the Company has supplied its latest 1500V 6.25 MW medium-voltage turnkey solution to 350 MW solar PV project in Luning County, Pingfu Province of Vietnam. Upon completion, which is expected to be before December 31, 2020, the project will be the largest solar […]

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First World Solar Technology Summit Kicks Off Today

The ISA (International Solar Alliance) organised first World Solar Technology Summit will start off today. The event, which has taken a virtual avatar due to the Covid pandemic, will be managed out of Delhi. Over 26,000 ‘participants’ from 149 countries had registered for the summit till yesterday. A key highlight is the launch of an […]

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L&T Transmission and Distribution Business Bags Large Contracts

L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […]

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Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island

Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […]

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REC Arm ‘REC-PDCL’ Wins SECI Tender for 10 MW Solar Project in Jaipur

REC Limited has announced that its arm REC-PDCL has emerged as the lowest bidder for a 10 MW solar project in Jaipur under an auction conducted by SECI. State-owned public Infrastructure Finance Company in the power sector REC Limited, formerly Rural Electrification Corporation, has announced that its arm REC Power Distribution Company (REC-PDCL) has emerged […]

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