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Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030

The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […]

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MNRE Nudges CPSEs to Give Priority to Renewable Energy Investments

CPSEs have been asked by MNRE to prioritise renewable energy projects in their investment plans, as part of larger efforts to reduce carbon emission. All central public sector enterprises (CPSEs) have been asked by the Ministry of New and Renewable Energy (MNRE) to prioritise renewable energy projects in their investment plans, as part of larger efforts […]

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Fortum Gets Award for Renewable Energy Promotion in Russia

This event was a part of the Russian Energy Week, an international forum in Moscow, and is supported by the Russian Ministry of Energy. Finnish state-owned energy company Fortum has been awarded with a prize in MediaTEK, a national contest for communications and media in the energy sector, for building awareness for renewable energy development […]

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SECI to Tender for 400 MW Renewable Projects Soon

SECI has issued a notice, informing prospective developers that the agency will be inviting proposals for the development of 400 MW of renewable projects The Solar Energy Corporation of India (SECI) has issued a notice, informing prospective developers that the agency will be inviting proposals for the development of 400 MW of renewable projects on […]

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Shell Acquires 20% Stake in Bengaluru-Based Orb Energy

Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […]

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Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha

Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […]

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NTPC Awards 769 MW Capacity won in SECI Auction to 4 Developers

NTPC had won 769 MW capacity in SECI’s 2 GW solar auction, and the power utility has since awarded the EPC contract for the project to 4 developers. The Solar Energy Corporation of India (SECI) had recently auctioned off 922.4 MW capacity from its 2 GW CPSU solar tender. NTPC Ltd. had emerged as the […]

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PFS and MDI Gurgaon to Collaborate in RE Sector

PFS and MDI Gurgaon have signed an agreement to collaborate in developing capacities in the areas of sustainable infrastructure financing. PTC India Financial Services Ltd (PFS) and premiere business school MDI Gurgaon have signed an agreement to collaborate by leveraging their combined strengths in developing capacities in the areas of infrastructure and especially sustainable infrastructure […]

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India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal

India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […]

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