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renewable energy

World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses, said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation []

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BMTC Plans to Create New Revenue Model, Generate Solar Power

We have had talks with a few solar project developers. The corporation has also written to Bescom and Karnataka Electricity Regulatory Commission (KERC). In order to create a new revenue model and continuing with its core business of running public transport, Bengaluru Metropolitan Transport Corporation (BMTC) is contemplating to generate solar power. In the city of []

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Osmania University to Go Solar to Save Monthly Bills

It would cost about Rs 5 crore to set up the infrastructure for a solar power plant to generated one MW power. There is enough land on the campus and we will make use of it to set up the solar power plant To curtail the monthly bills on their power, Osmania University is set []

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Surat to be Indias First Smart City with Solar Power

Under the Mission, the SMC with the investment of whooping Rs 2908 crore, are implementing the development works in the city. The consultative committee members of the Ministry of urban development are on a visit to the city of Surat where they visited multiple projects that are being implemented by Surat Municipal Corporation (SMC) under []

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Finlands Fortum to sell 54% Stake in Indian Projects

This project demonstrates the growing maturity of Indias 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 Indias economy With an aggregate capacity of 185 MW in India, Finlands Fortum sign an agreement to sell a 54% []

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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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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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Cabinet approves Continuation of Off-grid and Decentralised Solar PV Applications Programme Phase III

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for implementation of Phase-Ill of Off-grid and Decentralised Solar PV (Photo Voltaic) Application Programme to achieve additional 118 MWp(Mega Watt peak) off-grid solar PV capacity by 2020. Phase-Ill of Off-grid and Decentralised Solar PV Application Programme covers []

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Greenko in Advance Stages of Buying Essel Infras Solar Biz

When contacted, an Essel spokesperson told sources, As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation. Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to []

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