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EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm

EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […]

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Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad

A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […]

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SECI Confirms Adani, Azure, as Winners of ‘Largest’ Manufacturing Linked Bids

12 GW solar generation capacity, and 3 GW  of manufacturing/solar kit capacity. That’s what SECI has given approval to add, starting as early as 2022 by putting in motion the January 2020 tender for the largest single investment in the country’s solar sector. SECI  has formally given the go ahead to Adani Green Energy  for […]

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Govt Urges Stakeholders to Contact Nodal Officer for Grievance Redressal on Pref to Make in India Order

The Ministry of New & Renewable Energy (MNRE) has issued an office memorandum stating that for any grievance redressal purpose with respect to its order on ‘Preference to Make in India’, industry stakeholders can contact to the nodal officer. For this purpose, Sutapa Majumdar is the MNRE’s nodal officer for dealing grievances w.r.t. the matter. […]

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UPPCL Gets Recognition from CM for Achieving Good Results During Crisis

UPPCL has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in ensuring electric supply amid the Coronavirus crisis. The Uttar Pradesh Power Corporation Limited (UPPCL), the company responsible for electricity transmission and distribution within the state of Uttar Pradesh, has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in […]

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EV Boom to Cause Nickel Sulphate Supply to Peak in 2027: WoodMac

Nickel in sulphate production is expected to rise from 211 Kt in 2019 to its peak at 450 Kt in 2027, while demand driven by the EV sector continues to accelerate Nickel in sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, while demand […]

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EESL Plans to set-up 2000 EV Charging Stations in 2020-21

EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […]

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Power Demand Drop Expands to 19.7% in June First Week

A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May to 19.7 percent in June. A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May […]

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Covid-19 Created Opportunity to Implement Greener, More Circular Economy: Dr. Ajay Mathur

The coronavirus pandemic has created the opportunity to implement a greener, more circular economy, said Dr. Ajay Mathur, Director General, The Energy and Resources Institute, (TERI). He was speaking at a webinar hosted to mark the World Environment Day on the theme, “Resource Efficiency for Greening of Recovery and fostering Sustainable Economic Growth in a […]

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