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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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Innergex Acquires Large-Scale Solar PV Project from Longroad Energy

The company further said that the full notice to proceed with construction was issued and the commercial operation will be started during the third quarter of 2019. Canadian renewable energy firm Innergex Renewable Energy has acquired 250MW AC/ 315 MW DC photovoltaic (PV) solar project in the United States from renewable energy developer Longroad Energy Partners. The company further […]

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Innergex Renewable Completes JV Partnership with Chile-based Energía Llaima

The Canadian firm has invested an initial amount of USD 10 million via available funds under its corporate revolving credit facilities. Canada headquartered Innergex Renewable Energy has completed its Joint Venture (JV) partnership with Chile-based Energia Llaima for a 50 percent stake in the company. The Canadian firm has invested an initial amount of USD 10 million via available funds under […]

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India Plans to Auction 40 GW Renewables Per Year for Next 10 Years

“We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […]

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Renewable to be Half of Total Installed Capacity by 2030: RK Singh

It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […]

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Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan  

Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […]

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