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Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects

Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […]

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MNRE Eases Bidder Selection Norms under PM KUSUM Scheme

MNRE further added that, to have wider competition all eligible bidders shortlisted on the basis of technical and financial criteria stipulated in the bidding document and under the price bracket of (L1 + 10 percent of L1) will be empanelled on acceptance of L1 price and have equal opportunity to work in market mode. In […]

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University of Birmingham and ISA Helping ‘Sun-Rich’ Farmers

University of Birmingham and ISA are working to help farmers make the most of chilled food distribution systems powered by solar and solar-hybrid solutions. The University of Birmingham and the International Solar Alliance (ISA) have announced that they are working together to help farmers in ‘sun-rich’ countries make the most of chilled food distribution systems […]

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India has a Game Plan for Electric Vehicles: Amitabh Kant

India has put in place a game plan for electric vehicles and its components to ensure clean cities, reduce imports and utilise solar power, NITI Aayog CEO Amitabh Kant said. India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise […]

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Fuel Subsidies 3-Times Higher Than EV Budget: Report

A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […]

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Uber, Sun Mobility to Deploy Electric Autos in India

Global shared-mobility service provider Uber announced a partnership with Bangalore-based Sun Mobility to launch an electric auto service platform. The Ride-hailing giant Uber on Wednesday announced a partnership with SUN Mobility to deploy electric autos in India. As part of the agreement, SUN Mobility will offer its energy infrastructure platform, which includes swappable Li-Ion smart batteries […]

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CEEW Report on Power Job Growths with Green Energy

A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […]

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SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms

SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […]

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The Big Moves in Budget 2019

Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […]

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