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Energy Transformation in Southern Africa Boosted by IRENA & SACREEE Agreement

The two organisations will work on building regional capacity and attracting sustainable energy investments The International Renewable Energy Agency (IRENA) and the Southern African Development Community’s (SADC) Centre for Renewable Energy and Energy Efficiency (SACREEE) signed a Memorandum of Understanding (MoU), to work together on accelerating the deployment renewable energy solutions, including decentralised technologies, in […]

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Siemens Gamesa Renewable Energy Selects Infosys to Deliver ERP System

Infosys has been selected by Siemens Gamesa as a strategic partner for SAP S/4HANA implementation to deliver a globally harmonised ERP system. Infosys, a global leader in next-generation digital services and consulting, has been selected by Siemens Gamesa Renewable Energy (SGRE), a global leader in the renewable energy industry, as a strategic partner for SAP S/4HANA implementation to […]

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Ather Energy Inaugurates New Electric Scooter Plant in Hosur, Tamil Nadu

Bengaluru based electric two-wheeler (E2W) startup, Ather Energy has started its new 4 lakh square feet E2W manufacturing plant in Hosur, Tamil Nadu. The company had signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu in December 2019, for a 4 lakh square feet electric vehicle (EV) manufacturing plant. Guidance TN, Tamil […]

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Solar Industry Hoping for More Elaborate Support From Union Budget

The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […]

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‘Mobilising Finance for EVs in India’ Report by Niti Aayog

India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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Budget 2021 Highlights For Solar Sector

In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […]

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Budget 2021. Why 24X7 Power For All, Tackling Discom Losses Is key

Hopes are once again high that the government will take a broom to clean up discom losses in some way, one of the most intractable issues for the power sector for decades now. As always, the present time remains the best time to do something about it. On January 29 morning, power minister R.K. Singh […]

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Blyth Offshore Wind Farm Phase Two Expansion Underway Using Floating Turbines

EDF Renewables plans to build phase two of the Blyth Offshore Demonstrator (BOD) wind farm off the coast of Northumberland using floating offshore wind technology. Once completed it would be among the first projects of this kind in English waters. The first phase of the wind farm consists of 5 wind turbines and was constructed […]

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