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India Mulls Subsidies for Battery Manufacturing

The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […]

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Setting up of Renewable Projects Without PPAs: NTPC Chairman

NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […]

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REC Sales Down 61 Percent in July

Sale of REC declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply Sale of renewable energy certificates (REC) declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago […]

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SECI Schemes See June-July Capacity Additions Hit 24 Month Low

If Project commissionings under the schemes auctioned by SECI (Solar Energy Corporation of India) are any indication, solar and wind projects could really struggle to recover from a deep trough this year. Not only are delays, especially for wind energy projects in Gujarat, and lately, solar projects in Rajasthan and Tamil Nadu becoming endemic, it […]

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Global Smart Meters Total to Double by 2024 With China and India in Lead

According to a new report, the total number of smart meters around the world is expected to almost double over 2017 levels by 2024 A new report has revealed that the total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side […]

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US Wind Pipeline Stands at Nearly 42 GW, 736 MW Commissioned in 2nd Quarter

US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the AWEA US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the American Wind Energy Association (AWEA). Strong […]

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Enel Signs PSA Worth 3 TWh RE per Annum With AngloAmerican

Enel and AngloAmerican have signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year to AngloAmerican Enel, through its Chilean subsidiary Enel Generación Chile, and global mining company AngloAmerican signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year […]

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Maruti Backs CNG, Hybrid Before Pure EV to Reduce Oil Imports & Pollution

Maruti Suzuki has said that usage of green technologies like CNG and hybrid cars, should be encouraged in order to cut oil imports and reduce air pollution. The country’s largest carmaker Maruti Suzuki India (MSI) has said that usage of all kinds of green technologies, including CNG and hybrid cars, should be encouraged in order to cut oil […]

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MNRE Continues Supportive Moves. Clarifies on LOC Issue

Close on the heels of its missive to all state secretary’s, reminding them to treat power generated from wind and solar as ‘must use’, and not subject to curtailment, the Ministry of New and Renewable Energy ( MNRE) has released a fresh clarification on the issue of LC’s (Letter of Credit) needed to be opened […]

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