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renewables

World Bank Provides $165 M To Support RE In India’s Residential Sector

The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […]

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Electrical Component Engineer – System Studies

The System Studies and Network Solutions role is undertaking following actions for the support of ACS-COE, Grid Solutions, Focus on Engineering, and give technical support on demand of ITO of OTR. The actions are consisting on: On-going projects: Undertake the Network analysis actions by use of simulation software in the domain of Power System Analysis […]

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Rajasthan High Court Dismisses Petition Against Land Allotment For 450 MW Project

The Rajasthan high court in a recent judgement has dismissed a petition that sought to challenge land allotment by the Government over a solar project. The PIL threatened grave environmental issues if solar projects were to be commissioned in Western Rajasthan. In a landmark judgement, the Justice not only dismissed the petition but also penalised […]

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IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […]

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Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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India Needs $223 Billion To Meet 500 GW RE Target By 2030

As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […]

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Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten

One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […]

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Senior Manager/Manager – Market Operations

As Senior Manager/Manager – Market Operations, you’ll report to Head of Operations and following tasks would be a part of your job profile: Manage round the clock Operations team and overall market operations activities for Power exchange & Bilateral Trading. Co-ordination with State utilities, SLDC’s, RPC’s and RLDC’s for corridor booking, open access approvals and energy settlement. Support […]

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