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Global Wind Capacity to Grow by 60% Over Next 5 Years

Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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Hero MotoCorp Working on Multiple EV Projects

Hero MotoCorp is already working on multiple EV projects, company chairman Pawan Munjal has said. The country’s largest two wheeler maker Hero MotoCorp has revealed that the company is already working on multiple electric vehicle (EV) projects, company chairman Pawan Munjal said in the company’s Annual Report for 2018-19. The company is fully geared up […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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Gujarat Targeting 30 GW Renewable Capacity by 2022

Gujarat government plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. In the latest budget announcement, the Gujarat government announced its plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. The announcement was […]

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Phase II of FAME will Focus on Electrification of Public Transportation

The second phase of the FAME scheme will focus on supporting the electrification of public and shared transportation over the next three years. The second phase of Faster Adoption and Manufacturing of Electric Vehicles in India (FAME India) scheme will focus on supporting the electrification of public and shared transportation over the next three years, the Minister of Heavy Industries and […]

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Onshore Wind O&M Market in China to hit $5 Billion by 2029

The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years.  According to consultancy firm Wood Mackenzie […]

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Gujarat Plans To Rollout Solar Power Scheme for Slum Areas

The Gujarat government after the launch of solar power plan for residential areas and farmers now plans a similar plan for slum dwellers The Government of Gujarat plans to launch a solar power generation scheme for slum dwellers. Not only will slum dwellers get free power, but also the government will also pay them for […]

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The Biggest Challenge for Mass Adoption Of Electric Vehicles in India

Even as Electric Vehicles Start to make their presence felt on Indian roads, the biggest challenge remains to be tackled. Range Anxiety The electric mobility transition has slowly but steadily taken precedence around the world, more strongly in developed countries where we are witnessing mass adoption of such vehicles. Vehicles that we know are better […]

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