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Only 521.69 MW of Renewable Energy Capacity Installed in Odisha

The coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the state as on February 29, 2020. According to data provided by the Minister of New & Renewable Energy (MNRE) the coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the […]

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Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan

TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […]

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Uzbekistan Sees High Foreign Interest in its Renewable Energy Push

The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the country’s ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. “This […]

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Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report

The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […]

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BHEL to Supply Electric Buses With Charging Infrastructure in UP

BHEL has won an order for the supply of electric buses along with the charging infrastructure of these buses for Gorakhpur City in Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has announced it has won an order for the supply of electric buses along with charging infrastructure of these […]

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MNRE to set up Renewable Energy Standardisation Cell

MNRE will set up “Renewable Energy Standardisation Cell (RESC)” to coordinate the development and adoption of standards for quality assurance in the renewables sector The Ministry of New and Renewable Energy (MNRE) on February 18, 2020, notified setting up of “Renewable Energy Standardisation Cell (RESC)” to coordinate the development, updation, and adoption of standards for […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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India has Offshore Wind Potential of 67 GW off the Coast of Tamil Nadu, Gujarat

Approximately 36 GW offshore wind power potential exists off the coast of Gujarat and 31 GW off the coast of Tamil Nadu, MNRE Minister RK Singh has said Based on the preliminary studies carried out by the National Institute of Wind Energy (NIWE) in collaboration with various multilateral agencies, the Government has identified eight zones […]

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Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica

Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […]

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