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HPL Electric and Power Ltd Reports Q3 FY 19 Results

PAT for the first nine months of FY19, was stable. HPL Electric and Power Ltd, an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, has announced its financial results for the quarter ended December 31, 2018. Financial Performance in the first nine months of the financial year 2018-19, was […]

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In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019

At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […]

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11 EU Countries Ahead of Their 2020 RE Targets: Eurostat

11 have already reached the level required to meet their national 2020 targets and moreover, 2 countries are around 1 percentage point away from their 2020 targets. The latest data report by Eurostat, the statistical office of the European Union, released yesterday shows that the European Union produced about 17.5 % of its power needs from […]

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Rs 3,584 Crore Released For RE Schemes in FY 2018-19: R K Singh

A total of 74.79 GW of renewable energy capacity had been installed in the country at the end of December 2018. The government has released Rs 3,584.08 crore as Central Financial Assistance (CFA) for implementing renewable energy schemes by the Ministry of New and Renewable Energy (MNRE) in the financial year 2018-19 so far, power and renewable energy minister R […]

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South Asia’s Largest Grid-Scale Energy Storage System Goes Online

The project was developed in collaboration with AES India and Japan’s Mitsubishi Corporation.   Tata Power Delhi Distribution Limited (TPDDL), a joint venture between Tata Power and the Government of NCT of Delhi that distributes electricity in North & North West parts of Delhi, has inaugurated South Asia’s Largest Grid-Scale Energy Storage System in Rohini. The […]

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MNRE Issues Notice With Amendments For 2 NISE Tenders

The last date for bid submissions on the two tenders is February 25, 2019, and February 18, 2019. The National Institute of Solar Energy (NISE), has issued corrigendum with amendments to two of its tenders. NISE, an autonomous institute under the Ministry of New and Renewable Energy (MNRE), had previously issued two tenders for setting […]

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“Leveraging the Co-Benefits of RE” Report Launched at WSDS 2019

TERI previously coordinated three co-benefits Council meetings to delineate areas of national importance that can be captured using the co-benefits approach. TERI and the Institute for Advanced Sustainability Studies (IASS), under the aegis of International Climate Initiative (IKI) and the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), launched their report […]

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Distributed Energy Projects Awarded $9.6 Mn by ARENA

These 12 projects and studies are expected to help in maximising the potential benefits of DER technologies owned by households and businesses. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has awarded $ 9.6 million in funding to 12 projects and studies to further integrate distributed energy resources (DER) into the […]

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Biggest Offshore Wind Farm to Power Up this Week

When completed will be twice the capacity of the world’s largest offshore wind farm. Danish wind energy solutions provider, Ørsted, has announced that its Hornsea 1 wind farm off the coast of Yorkshire (Britain) is to supply its first power to the UK electricity grid this week. The Danish developer will be installing the first […]

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