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Duty Concerns, ISTS Issues May Delay Solar Auctions

NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […]

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Finland’s Fortum to sell 54% Stake in Indian Projects

“This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […]

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SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project

Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […]

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Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers

“Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […]

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India Intends to Partner with UN to Promote Solar Energy

While expressing his optimism and hope Syed said that by the next year’s World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, India’s Permanent Representative to the UN Syed Akbaruddin said, that the country aims […]

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Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm

The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […]

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Punjab Canal Solar Power Projects Have 1,500 MW Potential: Minister

The minister claimed that the canal-top solar photovoltaic projects have been designed in such a fashion that the canal banks are not touched for the safety of the canal and inhabitants in the vicinity of the canals. Punjab Power and Renewable Minister Gurpreet Singh Kanger stated that the state has a potential of more than […]

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R K Singh Asks States to Speed Up Work under Saubhagya; Assures All Possible Support

The Power Minister further said that draft on amendments to Electricity Act will also be circulated soon. The Renewable Energy Minister R K Singh has discussed the progress of work under Saubhagya, Gram Swaraj Abhiyan and Deen Dayal Upadhyaya Gram Jyoti Yojna in a ‘Review, Planning and Monitoring (RPM) Meeting’ with the secretaries of power/ energy […]

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Sumitomo SHI FW Has Successfully Completed CFB Boiler Modernization Project in Estonia

State-of-the-art EPC project utilizing retort gas from oil shale; Upgrade of CFB boiler to increase environmental benefits Sumitomo SHI FW announces that it has successfully completed the delivery of a CFB boiler technology upgrade project to increase the oil shale retort gas combustion in an existing circulating fluidized-bed (CFB) boiler at the Enefit’s Narva Power […]

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