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Kerala Plans 200 MW Renewable Projects Over 10 Dams

The Kerala State Electricity Board (KSEB) is seeking bids to develop 100 megawatt (MW) each of wind projects and floating solar projects. All of these projects will be constructed in ten dams of the state. The government has said that the bids for the wind energy projects shall open on February 24. It has also […]

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MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme

Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […]

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All Jaguar Land Rover Cars to Use Nvidia Software by 2025

British automaker Jaguar Land Rover has formed a multi-year strategic partnership with NVIDIA, a company operating in artificial intelligence (AI) and computing arenas, to jointly develop and deliver next-generation automated driving systems plus AI-enabled services and experiences for its customers. Starting in 2025, all new Jaguar and Land Rover vehicles will be built on the […]

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After a bruising 2021, Wind Energy suppliers hope for a better 2022

2021 was a difficult year for the Wind energy industry.  Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy  was best exemplified by Siemens Gamesa, […]

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With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA

As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […]

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SECI Announces Results of 1800 MW of Solar, Wind Solar Projects

On a big day for tender results, SECI has announced the winners of the tender for 1200 MW solar projects in Karnataka, under Tranche X of its tendering programme. Ayana Renewable Power (Represented by Project Eight Renewable Power Private Limited) and Fortum (Represented by SolarOne Energy Private Limited) have been awarded 300 MW each at […]

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Renew Power, Fourth Partner In Deal For On Site Solar Assets?

Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […]

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PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid

Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […]

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Pune Municipal Corp to form SPV for Erecting Solar Plant

Pune Municipal Corporation (PMC) has given a nod to form a special purpose vehicle (SPV) to generate solar power and purchase it from the company that sets up the plant for next twenty years at a fixed rate. PMC along with the Centre’s Energy Efficiency Service Limited (EESL) plan to generate the solar power and […]

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