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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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Neuron EV Expands the Renewable Energy Transportation Landscape

Neuron EV has announced that it is innovating the riding experience with a new electric bus to transform communities and the transport industry as a whole. Automotive company Neuron EV has announced that it is set to bring about significant changes that matter to both people and the environment. The company claims that it is […]

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […]

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Siemens to Develop Transmission Link Between Great Britain & Denmark

Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […]

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PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project

PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan. State-run PowerGrid Corporation of  India (PGCIL) has announced that its board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan.  The […]

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China to Meet its Paris Agreement Targets Nearly a Decade Early

China, currently the world’s largest carbon emitter, is on track to meet its emission goals under the Paris Agreement nearly a decade early China, currently the world’s largest carbon emitter, is on track to meet its Paris agreement target of reducing its emissions nearly a decade early, official media reported.  For decades, top Chinese cities, […]

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Gujarat can Lead the Renewables Race in India: Report

A new report has predicted that Gujarat could outdo all other states with the addition of a staggering 46 GW of new renewable energy capacity by 2029/30 A new report has predicted that in a race to be the top state in India, Gujarat could and perhaps will outdo all other states with the addition […]

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Restrictive Guidelines Under Govt Schemes to Impact System Integrators: Report

According to a new analysis, there are two critical restrictive guidelines for integrators in the new KUSUM and SRISTI schemes by the MNRE According to a new analysis by JMK Research and Analytics, there are two critical restrictive guidelines in the new schemes that the Ministry of New and Renewable Energy (MNRE) has recently launched. […]

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Australia to Invest $15 mn in Ultra Fast EV Charging Network

Australia has today announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery EV charging network along Australia’s highways. On behalf of the Australia Government, the Australian Renewable Energy Agency (ARENA) has announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery electric […]

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