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ADB Pledges $12 bn to India’s New Flagship Initiatives

ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […]

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REC Sales Drop to Nearly Half in August

The sales of REC in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to 8.19 lakh units sold in the same month last year. The sales of Renewable Energy Certificates (REC) in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to […]

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Enel Green Power Wins 190 MW Capacity in SECI’s 1.8 GW Wind Tender

Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to develop a 190 MW wind farm in India Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to sign a 25-year energy supply contract/Power Purchase Agreement (PPA) for a 190 MW wind farm in India. […]

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Bangladesh Gets $185 mn World Bank Financing for Renewable Energy

The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […]

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Senvion Enters Final Stages of M&A Process

Senvion, after receiving several advanced offers for various substantial core parts of its business, is now entering final stages of Merger and Acquisition process. German wind energy major, Senvion has announced that after receiving several advanced offers for various substantial core parts of its business, the company is now entering final stages of the Merger […]

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Xcel Energy to Begin Work on 522 MW New Mexico Wind Plant

Xcel Energy plans to begin construction of the 522 MW Sagamore wind farm in New Mexico by the end of the year, and into commercial operation by late 2020. Xcel Energy, a utility holding company based in Minneapolis, has announced that it plans to begin construction of the 522 MW Sagamore wind farm in New […]

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Dominion Energy Proposes Largest Electric School Bus Initiative in the US

Dominion Energy has announced plans for the nation’s largest electric school bus deployment to reduce emissions, cut costa and enhance grid reliability. Dominion Energy Virginia has announced plans for the nation’s largest electric school bus deployment to reduce emissions, provide cost savings to school districts and enhance grid reliability. In the coming weeks, bus manufacturers will be […]

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Sterlite Picks Robotic Technology to Enhance 3X Operational Speed

It will also, significantly, cut short the human intervention required during operations and ensure safety. Global leading developer of power transmission assets Sterlite Power has pioneered robotic technology ‘Skyrob’ for installation of Optical Ground Wire (OPGW) on high voltage power transmission lines under energized (live-line) conditions. Through adoption of this latest technology, the New Delhi-headquartered […]

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Railways to Go 100% Electric in 10 Years: Piyush Goyal

In an effort to curb its carbon footprint, Piyush Goyal has announced that the Indian Railways will go 100 percent electric in the next 10 years Railway Minister Piyush Goyal announced that the government has decided to put a deadline for 100 percent electrification of the railways. He says that the government plans to complete […]

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