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Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS

PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […]

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The 2021 Roadmap For Solar

With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […]

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Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd

Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […]

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Rajasthan to Focus On Renewable Energy Projects for Special Package Under IPS 

In a meeting held under the chairmanship of Chief Secretary Niranjan Arya, six renewable energy projects in Rajasthan have been recommended for consideration of a special package under the state’s investment promotion scheme (IPS). According to the sources from meeting, the proposals are from varied sectors like energy, textile, and manufacturing assuring to generate over […]

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EV Manufacturer Rivian Sets Sights for IPO This Year

Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter.  The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […]

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Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects

Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […]

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Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope

On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […]

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Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA

Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […]

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National Hydrogen Energy Mission Document to be Finalised This Month

The draft National Hydrogen Mission document has already gone through the consultation process and is expected to be finalised in February 2021 In the Budget Speech 2021-22, Finance Minister Nirmala Sitharaman proposed to launch a National Hydrogen Mission for generating hydrogen from green power sources. The ministry has now announced that the draft mission document […]

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