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Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030

Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […]

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Mahindra Plans More EVs This Year

The GST rate cuts have not only reduced the prices of electric vehicles but also spurred companies like Mahindra to plan more rollouts. Mahindra and Mahindra said that it is expediting some of its new electric vehicles projects and now wants to work on all new electric vehicles made for India. While interacting with the media at […]

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Global Smart Meters Total to Double by 2024 With China and India in Lead

According to a new report, the total number of smart meters around the world is expected to almost double over 2017 levels by 2024 A new report has revealed that the total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side […]

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Torrent Power Issues RfS for Procurement of 300 MW Solar Power

Torrent Power has issued an RfS for the purchase of 300 MW power from grid-connected solar PV power projects in the state of Gujarat. Gujarat-based electricity generation, transmission and distribution company, Torrent Power (TPL) has issued a Request for Selection (RfS) for the purchase of 300 MW power through competitive bidding process followed from grid-connected […]

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SECI Floats Tender for 1500 MW Solar Projects Under CPSU-II

SECI has issued a tender for setting up of 1500 MW grid-connected solar projects in India (Tranche-II) under the second phase of the CPSU The Solar Energy Corporation of India (SECI) has issued a tender for the selection of solar power developers for setting up of 1500 MW grid-connected (including mini and microgrid) solar PV […]

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EBRD Finances Largest Private-to-Private Solar Plant in Jordan

EBRD will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to USD 35 million. The European Bank for Reconstruction and Development (EBRD) has announced that it will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to […]

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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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Azure Power Gets LoA for 300 MW Project in SECI Auction

The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […]

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NBCC Floats Tender for 450 kW Rooftop Solar Systems

NBCC has issued a tender for the installation of 450 kW rooftop solar systems at the residential and training complex for the SPG in Dwarka. The National Buildings Construction Corporation (NBCC) has issued a tender for the installation of 450 kW grid-connected rooftop solar systems at the residential and training complex for the Special Protection […]

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