SUBSCRIBE NEWS LETTER

renewable energy power

Haryana Releases Draft Solar Policy, Aims To Install 6GW RE Power

The Haryana New and Renewable Energy Department has published its latest draft Solar Policy 2023. It has asked the stakeholders concerned to submit their opinion on the same within the next one month. In the latest draft note, the state renewable department aimed to install a cumulative 6000 Megawatt (MW) by 2030 in Haryana.   The agency […]

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World Bank Backs Himachal Power Sector with USD 200mn

The Government of Himachal Pradesh and the World Bank have joined hands for a project valued at USD 200 million to enhance power sector reforms in the state. The project aspires to augment the share of renewable energy (RE) in the power mix of Himachal Pradesh, which has set sights on adding 10,000 MW of […]

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Waaree Renewable Technologies Aims To Grow Its IPP Business

Waaree Renewable Technologies, the EPC arm of Waaree Group, claimed that it wants to boost its role as a renewable energy generator under the Independent Power Producer (IPP) category. The information was shared by Dilip Panjwani, Chief Financial Officer of the firm, in the latest investors’ call. Panjwani said the IPP business is ‘cash-intensive’ and […]

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Avaada Bags 1 GW in NHPC 3 GW Solar Tender; Jakson, Sprng Energy, Hinduja Among Other Winners

In NHPC’s 3 GW tender for the selection of Solar Power Developer, Avaada Energy, Jakson, Sprng Energy, Hinduja Renewable Energy, Green Infra Wind Energy, Solairdirect Energy India, Hazel Hybren have emerged winners. Solairdirect Energy India is an arm of ENGIE, Green Infra Wind Energy and Hazel Hybren are subsidiaries of Sembcorp and Mahindra respectively. Avaada […]

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Tight Power Markets Drive Up Volumes 21% YoY On IEX

Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis.  IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […]

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US May See 619 GW Of Renewable Power Between 2023-2030: Report

A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […]

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India Launches Programme For Energy Efficient Cooking

Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, launched its National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP) under the presence of Union Minister for Power and New and Renewable Energy RK Singh, at an event held in New Delhi. These initiatives are […]

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KPI Green Energy Joins Hands with Uttarakhand Govt for 500 MW Solar Park

Independent Power Producer KPI Green Energy Limited, in partnership with Advait Infratech Limited, has entered into a Memorandum of Understanding (MoU) with the Government of Uttarakhand. The agreement sets sights on setting up a 500 MW solar park under the Captive Power Producer (CPP) segment. KPI Green Energy has won several orders in the recent […]

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Sterlite Power Demerges Transmission & Products Business

Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […]

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