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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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MNRE Launches new Website to Maintain Pace With Time

RK Singh has recently launched the new website of the Ministry of New and Renewable Energy (MNRE) in an attempt to maintain pace with time. The Minister of State (I/C) for Power and New and Renewable Energy and Minister of State for Skill Development and Entrepreneurship Shri RK Singh has recently launched the new website […]

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EV Makers, Utilities Joining Hands for Charging Infra in India

In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […]

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IESA, C-MET Conducted India’s 1st Li-Ion Cell Fabrication, Battery Testing Workshop

With an aim to initiate the process of starting Li-Ion battery manufacturing in the country, India Energy Storage Alliance (IESA), India’s one of the leading alliance on energy storage and e-mobility, jointly with Centre for Materials for Electronics Technology (C-MET) has organized India’s first 2-day training workshop for Lithium Ion (Li-Ion) cell fabrication and battery […]

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Radite Energy’s Pawan Pandey Starts Fresh Entrepreneurial Journey

Pawan Pandey, one of the three co-founders at Radite Energy, an EPC player that has worked with established developers like Azure Power and others, has decided to start afresh with his own startup in the space. The firm was started in 2015 by Pawan and his co-founders. Pandey, who played an instrumental role in the […]

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India has Offshore Wind Potential of 67 GW off the Coast of Tamil Nadu, Gujarat

Approximately 36 GW offshore wind power potential exists off the coast of Gujarat and 31 GW off the coast of Tamil Nadu, MNRE Minister RK Singh has said Based on the preliminary studies carried out by the National Institute of Wind Energy (NIWE) in collaboration with various multilateral agencies, the Government has identified eight zones […]

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Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica

Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […]

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Total to Develop 25 MWh Battery Energy Storage Project in France

Total has announced that it has launched a battery energy storage project with a storage capacity of 25 MWh, which will be the largest in France. Total has announced that it has launched a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25-megawatt hours (MWh) […]

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2043 MW new Wind Capacity Added in India This Fiscal: RK Singh

RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country […]

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