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Power Ministry Prepares for Summer Peak; Coal and Gas to be Pivotal

The Union Power Ministry has said that it has devised a multi-pronged strategy to ensure adequate availability of power during the upcoming summer months. Power and MNRE Minister RK Singh chaired a review meeting with senior officers from power sector, coal and railways to discuss aspects to meet the high electricity demand in the upcoming […]

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Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan

Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […]

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As Inverters Become ‘Smart’ Customers Follow Suit

Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year

Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […]

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The Top 5: Game-Changing Renewable Energy Projects In The Middle East

The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […]

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Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables

The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […]

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SWRE Net Loss Contracts To Rs 99 Cr In December Quarter

Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […]

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