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Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion

An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […]

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IRENA Releases Reports On Global Hydrogen Trading Trends In 2050

A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […]

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Azure Power Becomes First Indian RE Company To Get SA8000

Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […]

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Rolls-Royce Sets Foot Into Hydrogen Electrolyser Business

Rolls Royce has announced its entry into hydrogen production as it is acquiring a 54 per cent stake in Hoeller Electrolyzeris, an electrolysis stack specialist. Rolls Royce will boasts of innovative technology to form the basis of a new range of mtu electrolyzer products from its power systems division. Hoeller Electrolyzer in Wismar, Germany, is […]

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Himachal Group Opposes World Bank Consultation Over Hydropower

A motley group of dam affected people and other activists in Himachal Pradesh have shot off a letter to the World Bank and Directorate of Energy, HP, on July 6 protesting against the hydropower projects in the state. They also boycotted the scheduled ‘Stakeholder Consultation’ for the proposed $200 million ‘Himachal Pradesh Power Sector Development Programme’. […]

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At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight

On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […]

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IIT Kharagpur Scientists Develop Fast Charging E-Cycle Powered By Na-Ion batteries

Scientists at the IIT Kharagpur have developed sodium-ion batteries and supercapacitors using nanomaterials. The battery can be used in an electric bicycle (E-cycle) and is capable of quick charging. The price of e-cycle will drop dramatically since sodium(Na)-ion batteries are less expensive than lithium-ion batteries. Dr. Amreesh Chandra, a professor in the Department of Physics […]

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Kerala Regulator Gives Nod To Reduced Tariff On Procurement Of Solar Power

The Kerala State Electricity Board (KSEB) has received the nod of the Kerala State Electricity Regulatory Commission (KSERC) towards the procurement of 90 MW of solar power for 25 years at a reduced tariff of Rs 2.77 kWh from NTPC. The Commission gave its approval to KSEB to finalise the PPA at the lower tariff. […]

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