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Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA

ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […]

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BEL sets up Solar-Power Classrooms in 122 Government Schools in Karnataka

State-run Bharat Electronics Ltd (BEL) has set up solar-powered smart classrooms in 122 government schools across the backward Yadgir district in north Karnataka, an official has confirmed. “About 13,000 children studying in 122 government schools will benefit from smart classrooms, powered by solar power and equipped with hi-tech facilities,” the city-based defence behemoth’s official KS Ashok told […]

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First Solar Sells North American O&M Business to NovaSource

First Solar has announced that it has entered into an agreement under which NovaSource will acquire its North American O&M business. American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services – First Solar has announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power […]

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MoP Extends ISTS Charges Waiver for Solar & Wind Projects Until 2023

MoP has extended the waiver of ISTS charges and losses on the supply of power generated from solar and wind power projects until June 30, 2023. The Ministry of Power (MoP) has notified that it has extended the waiver of inter-state transmission system (ISTS) charges and losses on the supply of power generated from solar and wind […]

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Tata Motors Announces Monthly Subscription Model for its Nexon EV

Tata Motors has launched a subscription model for EVs, under which it is making available the Nexon EV at a fixed rental starting at Rs 41,900 per month. Tata Motors, one of India’s leading automobile manufacturers, has announced the launch of a first of its kind subscription model for electric vehicles (EV). Designed to make […]

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Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC

Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […]

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We Need to Renew our Pledge to Renewables: Niti Aayog VC

India needs to renew its pledge to renewables as thermal cannot take the country far due to environmental constraints, Niti Aayog VC Rajiv Kumar has said. India needs to renew its pledge to renewables as thermal energy cannot take the country far due to environmental constraints, Niti Aayog Vice Chairman Rajiv Kumar said. Delivering the keynote address on ‘Solar Energy: The […]

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KfW Grants Rs 600 Cr Loan for 125 MW Solar Project in West Bengal

KfW has granted a Rs 600 crore loan to WBSEDCL for the work on the first phase of a 125 MW solar project in the Purba Medinipur district of West Bengal. German state-owned development bank KfW has granted a Rs 600 crore loan to the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the […]

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Record Low Price in Latest Onshore Wind Auction in Greece

In its latest onshore wind auction, Greece has awarded 20-year contracts for more than 472 MW of onshore projects, including one at a new record low price. In its latest onshore wind auction, Greece has awarded 20-year contracts for more than 472 MW of onshore wind energy projects, including one at a new record low […]

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