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renewable energy source

Maharashtra to Get Floating Solar Plants Worth 500 MW on 4 Dams

Maharashtra is all set to get floating solar power generation plants in four dams. Maharashtra is all set to get floating solar power generation plants in four dams, state Water Resources Minister Girish Mahajan told the Legislative Council. In a written reply to a question raised by NCP MLC Hemant Takle, Mahajan stated the backwater of Wardha, Bebala, […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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Inox Wind Commissions Power Evacuation System with ISTS Network in Gujarat

Inox Wind Limited has announced the commissioning of the common power evacuation facilities at Dayapar site in Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has announced the commissioning of the common power evacuation facilities at Dayapar site in District Bhuj in the State of Gujarat. The common power evacuation systems […]

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Government Stressing on Infrastructure and Electric Vehicles: President

In his address to Parliament, President Kovind said the government’s endeavour is to lay a strong foundation for urban infrastructure that will encourage employment generation. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind said the government’s endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a […]

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Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction

SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […]

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FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects

Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […]

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Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050

As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […]

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IEEFA Report on Indonesia’s Solar Policies, Designed to Fail?

Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […]

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