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Global Offshore Wind Capacity Predicted to Reach 193 GW by 2030, 500 GW by 2050

Global offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 GW by 2030, and over 500 GW by 2050 According to a new report by the National Renewable Energy Laboratory (NREL), the global offshore wind market growth predictions show accelerated growth in the next […]

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Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects

Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […]

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MP Extends Scope of Subsidised Power Scheme

Madhya Pradesh has decided to provide electricity at Rs 1 per unit to all domestic consumers using up to 100 units pm, with an upper cap of 150 units. The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an […]

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WBPCB Tenders for 50 Rooftop Solar Systems Worth 500 kW

WBPCB has issued a tender for the installation of 50 rooftop solar systems each of array capacity 10 kWp in the state. The West Bengal Pollution Control Board (WBPCB) has issued a tender for the installation of 50 grid-connected rooftop solar power plants each of array capacity 10 kWp on turnkey basis at various locations […]

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Odisha Moves Towards Pre-Paid Electricity With new Smart Meters

Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering The state government of Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering, Energy Minister D S Mishra has said. The consumers will get […]

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NTPC Planning 5 GW Solar Park in Kutch Worth Rs 20,000 cr

NTPC is planning to set up an ultra-mega solar park in the Kutch region of Gujarat with an estimated capacity closing on 5 GW State-owned power utility NTPC Ltd. has announced that it is planning to set up an ultra-mega solar park in the Kutch region of Gujarat with an estimated capacity closing on 5 GW with an […]

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BloombergNEF Awards Sungrow 100% Bankability Rating

Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […]

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Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity

GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […]

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