SUBSCRIBE NEWS LETTER

renewable energy investment

Vattenfall Takes FID, Begins Construction on 1.5 GW Offshore Wind Farm

Vattenfall has taken the FID for the Hollandse Kust Zuid 1-4 offshore wind farm and is proceeding with the construction at the 1.5 GW wind farm. Swedish state-owned multinational power company, Vattenfall has announced that it has taken the Final Investment Decision (FID) for the Hollandse Kust Zuid 1-4 offshore wind farm and that it […]

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Railways provides a 3 GW Boost for Solar targets

The Engineering and Consultancy firm RITES Ltd, which executes key projects specifically for the Indian Railways, announced yesterday that its subsidiary Railway Energy Management Company Ltd (REMCL) has secured its largest mandate from Indian Railways for tendering, installation, supervision and managing power supply for three GW solar energy installations. These plant will be set up […]

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BCD Status. Only Quantum The Issue

In what is now becoming the most common way to pick up views of the ministry, yet another Webinar, Amitesh Kumar Sinha, Joint Secretary in the Ministry of New and Renewable Energy has clarified yesterday that a decision will be taken on Basic Customs Duty, and soon. The issue is, in some way, a foregone […]

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Draft Tariff Policy Can Revolutionise Power Sector

The proposal to end tariff differentiation is a much-needed reform in the power sector but the key to reaping real benefits of the move lies in its implementation and involvement of consumers in the reform process, as said by the Pradeep S. Mehta founded non-profit Indian think tank. CUTS International is a Jaipur-headquartered organisation and […]

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Solar Manufacturers Support Vocal-for-Local Program; Seek Level-Playing Field

The country’s leading solar photovoltaic (PV) manufacturers, including RenewSys, Vikram Solar and Webel Solar, have extended their support to Prime Minister Narendra Modi’s recent call for Vocal-for-Local program. However, they sought level-playing field for all irrespective of the area within the country. By welcoming the government’s move, Avinash Hiranandani, Global CEO & Managing Director of […]

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Siemens Gamesa Confirms Order for 496 MW Offshore Wind Plant

Siemens Gamesa has received the firm order for 62 of its 8 MW turbines for the 496 MW Bay of Saint Brieuc offshore wind power plant in France. Siemens Gamesa Renewable Energy has received the firm order from Ailes Marine, an affiliate of Iberdrola, for 62 SG 8.0-167 DD offshore wind turbines for 496 MW […]

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PPA for Thermal Plant with Adani Power in MP Raises Important Questions

The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […]

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Top 10 Inverter Companies for Rooftop Solar in India

With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […]

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ZunRoof Launches Rs 660/Month Plan for Solar Rooftop in Delhi

Home-tech startup ZunRoof has unveiled its monthly payment scheme of Rs 660 per month for the installation of new residential solar rooftops. With this plan, the firm will hope to overcome its cost disadvantage with an easy financing option. Under the scheme, rooftop solar installers can save on their electricity bills from day one by […]

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