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A Case For Green Financing For More Transmission Infrastructure

In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […]

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Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China

The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […]

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Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’

The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […]

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Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records

The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […]

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Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24

Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […]

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Around 54 GW of RE Projects Under-Construction in India: CEA Report

  Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […]

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KPI Green Energy, SAEL & NLC India Emerge Winners in GUVNL’s 800 MW Tender

KPI Green Energy, SAEL and NLC India have emerged winners for Gujarat Vikas Nagar Nigam Ltd (GUVNL) 800 MW solar project via competitive bidding. GUVNL had floated the tender for solar projects at Khavda Solar Park, Gujarat in May, 2023. The project comes with a greenshoe option of 800 MW. KPI Energy won 100 MW […]

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Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory

A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […]

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Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

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