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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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Ørsted Reorganises to Position for Future Growth

Over the past decade, Ørsted has successfully undertaken one of the most profound transformations in the global energy industry, transforming from a fossil-based Danish utility business into a global leader in green energy. Over the next decade, global renewable energy markets are expected to grow at double-digit annual growth rates, and installed renewable capacity is […]

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Corporate Renewable PPAs in India may Increase in 2021: Report

A report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. A new report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. The report by the World Business Council for Sustainable Development (WBCSD), shows […]

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India & France Form Alliance for Work in Sustainable Development, RE and More

India and France have formed an alliance to strengthen their cooperation in sustainable development, RE adoption and more key areas that boost global environment protection. India and France have formed an alliance to strengthen their cooperation in sustainable development and work towards increasing renewable energy (RE) adoption and more key areas that boost global environment […]

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SECI Reschedules Pre-Bid Meeting for 25 MW BCCL Solar Plant in West Bengal

SECI has announced that the pre-bid meeting for its tender for 25 MW solar PV power plant at BCCL in West Bengal, has been rescheduled The Solar Energy Corporation of India (SECI) has announced that the pre-bid meeting for its tender for setting up of 25 MW solar PV power plant at the Bhojudh Coal […]

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