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Report Projects India Will Exceed its Paris Agreement Target

A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […]

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Naidu Attacks Reddy Govt for Renegotiating RE PPAs

TDP Chief N Chandrababu Naidu has attacked the Reddy government for its decision to renegotiate the PPAs for renewable projects signed during his tenure TDP Chief N Chandrababu Naidu has attacked the Jaganmohan Reddy government for its decision to renegotiate the power purchase agreements (PPAs) for solar and wind projects signed during the five-year tenure […]

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Kerala Begins Groundwork for Ambitious EV Policy

After announcing its EV policy late last year, the Kerala government has started to take steps in the direction to make the plan a reality. Kerala Chief Minister Pinarayi Vijayan at the inauguration of a two-day event ‘Evolve: Kerala mobility conference and expo’ announced not only rolling out electric vehicles but under the EV policy […]

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Gujarat Targeting 30 GW Renewable Capacity by 2022

Gujarat government plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. In the latest budget announcement, the Gujarat government announced its plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. The announcement was […]

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Andhra Govt Sets up Panel to Review Wind & Solar PPAs From TDP Regime

Andhra Pradesh has established a panel to review and renegotiate the PPAs signed by discoms for wind and solar power during the TDP regime. In a new order, the state government of Andhra Pradesh has established a High-Level Negotiation Committee (HLNC) panel to review and renegotiate the power purchase agreements (PPAs) signed by the state […]

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Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn

Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […]

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EV Transition Needs Extensive Planning to Succeed: N Chandrasekaran, Tata Sons

N Chandrasekaran recently said that the transition to EV needs to be properly planned so as to ensure that the entire ecosystem is ready Tata Sons Chairman, N Chandrasekaran recently said that the migration or perhaps the transition to electric vehicles (EV) in the country needs to be properly planned so as to ensure that […]

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Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021

Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […]

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US Energy Storage Market Records Highest Deployment in a Single Quarter

Wood Mackenzie expects US energy storage deployments in 2019 will be double those seen in 2018. The United States non-residential storage market had its strongest quarter ever in Q1 2019, according to the new U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Q1 2019 was also the second strongest […]

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