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MNRE Seeks Suggestions on Draft Offshore Wind Energy Lease Rules

The ministry has provided a timeline until  February 25, 2019, for interested stakeholders to submit their suggestions. The National Offshore Wind Energy Policy provides only a basic framework for the development of offshore wind energy in the country. And now the Ministry has opened its new Draft Offshore Wind Energy Lease Rules for comments/suggestions/views from […]

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Solar Energy Brings Electricity to Coastal Village in Odisha

The government is providing solar energy to the families of Charigharia under the Deen Dayal Upadhaya Grameen Jyoti Yojana (DDUGJY) with the Centre’s help. For the Charigharia village located inside the Bhitarkanika National Park (BNP) in Gupti gram panchayat under Rajnagar block in Odisha, access to electricity was a distant dream. But now under a […]

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Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF

Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found.   BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […]

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Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA)

High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […]

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Hindustan Aeronautics Limited Inaugurates 8.4 MW Wind Energy Plant

Aiming for self-reliance in power, Hindustan Aeronautics Limited has unveiled its new 8.4 wind power plant. Contributing towards green energy production and to achieve self-reliance in electricity power requirement, Mr. R Madhavan, CMD-HAL inaugurated an 8.4MW wind energy power plant near Ilkal in Bagalkot district (Karnataka). The power generated from this plant would be used […]

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GE to Digitize Tata Power’s Renewable and Thermal Fleet in India

This is the first implementation of GE’s Predix Asset Performance Management (APM) solutions in India, will be the backbone of Tata Power’s Reliability Centered Maintenance (RCM) digitisation strategy. General Electric (GE), an American Multinational Conglomerate has announced that it will implement the first Predix Asset Performance Management (APM) solution in India for Tata Power’s thermal […]

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UKCI Pledges to Invest R500 Million for Renewable Projects in Africa

UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […]

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Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables

Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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