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Siemens Bags Wind Turbine Order for 263 MW in Four Countries

The type of turbines that will be supplied will be within a performance range between 2.3 and 4.1 MW, the company said in a statement. Siemens Gamesa Renewable Energy (SGRE) has announced securing major turbines order, total 263 MW spread across Sweden, Norway, Germany and Turkey. The type of turbines that will be supplied will […]

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Green Bank Network Earmarks $10 Billion for Green Projects

Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […]

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Hungary Plans to Fully Rely on Renewable Energy by 2030

An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […]

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Uttar Pradesh to Soon Start Installing Smart Meters

To be installed later in a phased manner, UPPCL had filed a petition seeking the approval of the regulatory commission for the installation of smart meters. Soon four million residents of Uttar Pradesh will get high tech smart meter, as the Uttar Pradesh Electricity Regulatory Commission has cleared Uttar Pradesh Power Corporation Ltd’s petition regarding […]

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UPERC Accepts NPCL’s Response over Renewable Purchase Obligations

UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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Luminous’ WiFi Enabled Smart Home Inverter, LED Bulbs

The company also launched Luminous Zelio WiFi, a wifi enabled inverter which can be connected to a smartphone with the Luminous app. Luminous recently launched products which are going to make your life a bit more awesome. Launching India’s first wall mounted smart power backup system having an innovative design, long life and no requirement […]

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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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Delhi Government Invites Comments on Draft Delhi Electric Vehicle Policy 2018

The policy aims to reduce Delhi’s pollution by taking care of vehicular emission focusing primarily on incentivising the purchase and use of electric vehicles. Arvind Kejriwal led Delhi Government has invited comments from the public on the draft ‘Delhi Electric Vehicle Policy 2018’ which was released recently. “With vehicular pollution being a consistent source of […]

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