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ADB Pledges $12 bn to India’s New Flagship Initiatives

ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […]

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REC Sales Drop to Nearly Half in August

The sales of REC in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to 8.19 lakh units sold in the same month last year. The sales of Renewable Energy Certificates (REC) in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to […]

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Enel Green Power Wins 190 MW Capacity in SECI’s 1.8 GW Wind Tender

Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to develop a 190 MW wind farm in India Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to sign a 25-year energy supply contract/Power Purchase Agreement (PPA) for a 190 MW wind farm in India. […]

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Senvion Enters Final Stages of M&A Process

Senvion, after receiving several advanced offers for various substantial core parts of its business, is now entering final stages of Merger and Acquisition process. German wind energy major, Senvion has announced that after receiving several advanced offers for various substantial core parts of its business, the company is now entering final stages of the Merger […]

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Sterlite Picks Robotic Technology to Enhance 3X Operational Speed

It will also, significantly, cut short the human intervention required during operations and ensure safety. Global leading developer of power transmission assets Sterlite Power has pioneered robotic technology ‘Skyrob’ for installation of Optical Ground Wire (OPGW) on high voltage power transmission lines under energized (live-line) conditions. Through adoption of this latest technology, the New Delhi-headquartered […]

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Railways to Go 100% Electric in 10 Years: Piyush Goyal

In an effort to curb its carbon footprint, Piyush Goyal has announced that the Indian Railways will go 100 percent electric in the next 10 years Railway Minister Piyush Goyal announced that the government has decided to put a deadline for 100 percent electrification of the railways. He says that the government plans to complete […]

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Siemens to Develop Transmission Link Between Great Britain & Denmark

Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […]

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China to Meet its Paris Agreement Targets Nearly a Decade Early

China, currently the world’s largest carbon emitter, is on track to meet its emission goals under the Paris Agreement nearly a decade early China, currently the world’s largest carbon emitter, is on track to meet its Paris agreement target of reducing its emissions nearly a decade early, official media reported.  For decades, top Chinese cities, […]

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Restrictive Guidelines Under Govt Schemes to Impact System Integrators: Report

According to a new analysis, there are two critical restrictive guidelines for integrators in the new KUSUM and SRISTI schemes by the MNRE According to a new analysis by JMK Research and Analytics, there are two critical restrictive guidelines in the new schemes that the Ministry of New and Renewable Energy (MNRE) has recently launched. […]

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