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Chennai-based Swelect to Produce Water from Solar Energy

Hydro panels are solar cells-fitted panels that use air and sunlight to produce water. Adding to the advancement in solar energy segment, Chennai-based solar technology solutions vendor Swelect Energy Systems partnered with US-based Zero Mass Water to produce, install and sell hydro panels. Hydro panels are solar cells-fitted panels that use air and sunlight to […]

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Punjab Gives Seal of Approval for Rs 100 Cr Renewable Projects

The segment includes nine small hydro projects with the combined capacity of 5.55 MW worth around Rs 60 crore, one bio-CNG Project of Rs 17.50 crore and a bio-coal of around Rs 26.75 crore. The Punjab Government has approved Punjab renewable energy projects worth Rs 100 crore, the State Minister for Renewable Energy Sources Gurpreet Singh Kangar […]

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NDB Clears $300 Mn to Fund South African Energy Sector

The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […]

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Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme

If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […]

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Invenergy to Power Facebook’s Oregon Data Center with Solar Power

Further, Invenergy will supply 100 MW of solar power from two separate projects located in Crook County, Oregon, near Facebook’s Prineville Data Center. North America’s renewable energy firm, Invenergy has entered into partnership with Pacific Power, a division of PacifiCorp, to help support the social media giant Facebook’s data center in Prineville, Oregon with renewable energy. Further, Invenergy will […]

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Mytrah Energy Wins 100 MW Wind Power Project under MSEDCL Bid

Country’s one of the leading independent power producer, Mytrah Energy (India) Pvt Ltd (MEIPL) has secured a 100 MW wind power project for the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) through competitive bidding. The company has quoted a tariff of Rs 2.86 under the reverse e-auction for the 200 MW capacity and won the […]

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Army to Tap Renewables to Supply Power to Jawans Deployed at High Altitudes

The idea is to shift from a conventional source of energy, which is expensive and unreliable due to its transportation and maintenance, to renewable energy. To enhance the living conditions of its personnel, the Indian army is looking for a durable supply of power in high altitudes where they are deployed. The idea is to […]

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Indian, Korean CEOs Discuss Ways to Strengthen Energy Cooperation

The CEOs announced the formation of 6 working groups in sectors like Auto, Infrastructure, Services, Electronics (including renewable and allied sector) & IT and Startups and Innovation Ecosystem (including MSMEs & SMEs) and Defense Manufacturing. The 2nd India-Korea CEOs Forum meeting was held in New Delhi with leading CEOs from both the nations developing an ambitious agenda […]

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Renewables Supply 75% of Electricity in India by 2050: BNEF Report

“By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […]

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