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India-Spain Trade to Surge 20% Yearly till 2023; Good Scope in Renewable Energy

The bilateral trade between both the countries is around $6 billion presently. A spate of visits shared by Spain and India has led to an increasing number of bilateral trade ties among the countries. Spanish Ambassador to India, Jose R Baranano said he expected his country’s bilateral trade with India would increase on an average of 20 […]

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Entrepreneurs Display Interest in Solar Energy, EVs in Uttarakhand

The push towards certain class of industry backing sustainability is also believed to have come with the new policies of the center and Uttarakhand Government. Entering into the group of states adopting measures to cut short on fossil fuel use, Uttarakhand, ahead of the investors’ summit to be held on October 7, has attracted a […]

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Siemens Develops 1st Dynamic Power Grid Control Centre 

Siemens’ DynaGridCenter is capable of visualizing dynamic processes that bring the energy transition to the power grid and provide targeted recommendations for actions to optimize the grids and prevent blackouts. Leading energy sector player, Siemens, while working alongside researchers, has developed world’s first cutting edge Dynamic Power grid control Centre ‘DynaGridCenter’. Siemens’ DynaGridCenter is capable […]

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Azure Power Gets LoI to Electrify HAL

The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […]

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SECI’s 5000MW Solar Auction Gets Single Bidder

As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […]

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World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally

Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […]

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Govt Extends FAME-I for 6 Months; Withdraws Conventional Battery Vehicles Sops

The Heavy Industries Ministry said in a statement that, incentives in the remaining period of the scheme shall only be available for registered vehicles. In a bid to promote electric and hybrid vehicles, the Government of India has extended the first phase of the FAME-India scheme by another 6 months till March 31, next year. However, it […]

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Trump’s Solar Tariff Created $236.5 Mn in Addl Costs for American Consumers: Report

“Any trade restrictions imposed on the solar industry hurts American consumers and American workers,” said EnergySage CEO and founder Vikram Aggarwal. EnergySage’s latest semiannual Solar Marketplace Intel Report revealed the economic impact of the Section 201 solar tariffs on residential solar customers in America. Immediately following the US International Trade Commission’s finding of injury to American solar […]

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India’s Renewable Energy Addition Falls Almost 20% YoY: Report

According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […]

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