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States That Miss UDAY Targets to Face Fund Cuts: R K Singh

The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […]

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Payment Dues to RE Firms Climbs to Rs 6872 Crore

A new report has revealed that power Discoms across the country owe close to Rs 6872 crore to RE developers in payment dues A new report has revealed that the power distribution companies (Discoms) across the country owe close to Rs 6872 crore to renewable energy developers in payment dues up to August 16, 2019. […]

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Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya

Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […]

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Capital Dynamics Acquires 68 MW Wind Portfolio in Northern Ireland

Capital Dynamics CEI has reached an agreement to acquire 100% of the equity in a portfolio of 4 operating wind projects totaling 68 MW in Northern Ireland Capital Dynamics, an independent global private asset management firm, has announced that its European Clean Energy Infrastructure (CEI) business has reached an agreement to acquire 100 percent of […]

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Goldwind Secures Order for 200 MW Wind Farm in Canada

Goldwind has secured a firm turbine supply order for the 200 MW Golden South Wind Project in Canada Goldwind Americas, a wholly-owned subsidiary of Chinese wind major Xinjiang Goldwind Science & Technology, has announced that it has secured a firm turbine supply order for the 200 megawatts (MW) Golden South Wind Project located in Assiniboia, […]

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UKCI to Invest £14 mn on 250 MW Wind Projects in South Africa

UKCI has announced an approximate £14 million agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South Africa. The UK Climate Investments (UKCI) has announced an approximate £14 million (R253 million) agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South […]

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Global Offshore Wind Capacity Predicted to Reach 193 GW by 2030, 500 GW by 2050

Global offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 GW by 2030, and over 500 GW by 2050 According to a new report by the National Renewable Energy Laboratory (NREL), the global offshore wind market growth predictions show accelerated growth in the next […]

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Renewables to Account for 30% of Total Installed Capacity in the US by 2030

According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […]

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MNRE Eases Bidder Selection Norms under PM KUSUM Scheme

MNRE further added that, to have wider competition all eligible bidders shortlisted on the basis of technical and financial criteria stipulated in the bidding document and under the price bracket of (L1 + 10 percent of L1) will be empanelled on acceptance of L1 price and have equal opportunity to work in market mode. In […]

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