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NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD

Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […]

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Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape

In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […]

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MAHAPREIT Issues Tender for Delivery & Implementation Agency For Last Mile Project

Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) proposes to develop, implement, and manage a project for employment generation and entrepreneurship development among the beneficiaries registered with Mahatma Phule Backward Class Development Corporation Ltd (MPBCDC), and also provide a stable last mile delivery solution for areas across Maharashtra. MAHAPREIT will procure a delivery and […]

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Used Car Batteries Can Now Create Renewable Energy Storage System

Marquee auto major Jaguar Land Rover (JLR) has joined hands with Wykes Engineering Ltd, a firm that delves in the renewable energy sector, to make a new renewable energy storage system from used car batteries. The British multinational automobile manufacturer, through this partnership, will make among largest energy storage systems in the UK. This will […]

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Govt Releases New Bidding Norms For Hybrid Projects

The Ministry of Power has now developed its latest bidding guidelines for solar and wind hybrid projects. It will apply to all intra-state hybrid projects with a capacity of 10 MW and more and to all those with 50 MW or more capacity. The norms said that the rated power capacity of one resource (wind […]

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ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations

On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […]

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Alinta’s Big Battery Plans of 100 MW/200 MWh for Australia in the Offing

Australian electricity generating and gas retailing private firm Alinta Energy, owned by Hong Kong-based Chow Tai Fook Enterprises, is making progress towards the development of a 100 MW/200 MWh big battery in southwest Western Australia. The firm has stated that the project will facilitate renewable energy generation in the state while lending support to the […]

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Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA

IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […]

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Renewables and EVs: Myths and Reality

There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […]

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