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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […]

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EDF JV Acquires British Electric Vehicle Charging Firm Pod Point

EDF has indirectly taken the control of Pod Point, one of the largest EV charging companies in Great-Britain, through a JV with Legal & General Capital EDF in the UK has indirectly taken the control of Pod Point, one of the largest electric vehicle (EV) charging companies in Great-Britain. This acquisition is performed through a […]

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NA, Western Europe & APAC Accounted for 74% of DESS Industry

A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global DESS industry A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global distributed energy storage system (DESS) industry, including battery energy storage systems, thermal energy […]

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MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz

With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […]

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SECI Extends Bid Deadline for its 4 MW Floating Solar With BESS Tender

SECI has extended the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh BESS tender at Andaman and Nicobar Islands. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh Battery […]

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Difficult to Meet India’s 175 GW Renewable Energy Target by 2022: CSE

India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 GW target by 2022, claims a new report India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 gigawatt (GW) target by 2022, even as its total capacity reached almost 86 GW […]

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Canadian Solar Gets $55 Mn Financing for its Lavras Solar Project in Brazil

Canadian Solar has secured 225.2 million Brazilian reais (USD 55 million) project financing from BNB for its Lavras solar power projects in Brazil Canadian Solar has announced that it has secured 225.2 million Brazilian reais (USD 55 million) non-recourse project financing from Banco do Nordeste do Brasil (BNB) for its Lavras solar power projects in […]

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Tender for 500 MW Solar Power Projects Issued in Gujarat

GUVNL has issued a tender for the purchase of power from 500 MW grid-connected solar PV power projects to be set up in Gujarat (Phase VIII). The Gujarat Urja Vika s Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible parties for the purchase of power from 500 MW grid-connected solar PV power […]

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Land, Policies & Payment Delays a few Issues RE Developers Face in India

Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […]

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