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India Set to Join China as Global Leaders in Renewables, says Report

According to US based research institute, India’s “scheme for development of solar parks is becoming a successful model to attract foreign capital.” Furthermore, the report added the “Solar is Driving a Global Shift in Electricity Markets.” Much like China, India is poised to become global giant in renewable energy technology-led transformation thus making them two […]

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Researchers Develop New Battery that Charges within Seconds

Scientists have created the new battery architecture to address the demands for energy storage devices that can be charged faster.   Researchers from the Cornell University in the US have developed a novel self-assembling battery device that can be recharged within seconds and in future could power mobile devices. Scientists have created the new battery architecture to address the demands for energy storage […]

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SB Energy Wins 200 MW Auction in Karnataka

The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […]

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India’s Renewable Energy Sec to Create 4.5 Mn Jobs: Study

The two green energy sectors have started to outpace fossil fuel energy in terms of returns. It provides 12 per cent higher annual returns, 20 per cent lower annual volatility and 61 per cent higher risk-adjusted returns than conventional source of energy sectors like coal and the natural gas, the study has found. The renewable […]

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India May Not Achieve 100 GW Target by 2022: Report

The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […]

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Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19

The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […]

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India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister

“We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […]

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NavSemi Technologies Now Becomes Alpha Tech Energy Solutions India

The company’s move is part of an initiative to better reflect its connection to its parent company Alpha Technologies, Inc. USA.   Bangalore-based solar energy equipment supplier NavSemi Technologies Private Limited has changed its name to Alpha Tech Energy Solutions India Private Limited. The company’s move is part of an initiative to better reflect its […]

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Maharashtra Saw Overwhelming Response to 1000 MW Auction

Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […]

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