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Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022

Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […]

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Air-breathing Battery Could Cut Costs of Renewable Energy Storage

Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […]

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Artificial Intelligence (AI) Will Enhance the Efficiency of Renewable Energy Projects: Reports

The use of autonomous drones will offer quicker and efficient remote inspection and maintenance. As per the suggestion by DNV GL, stating that technologies such as autonomous robotics and machine learning can help improve areas such as decision making and planning, condition monitoring, inspections and supply chain optimization which in turn help boost efficiencies across the renewable energy […]

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India’s Clean Energy Sector Aims To Generate 330,000 New Jobs: Report

The Union Government is planning to set up 160,000 Megawatt (Mw) of fresh renewable energy generation capacity in the five years between 2017 and 2022. More than 330,000 new jobs are likely to be generated from India’s growing renewable energy sector over the next five years, according to US-based global research organisation World Resources Institute […]

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Indian renewable energy companies among lowest rated: Report

India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […]

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Low Bids Slowing Solar Energy Projects: ICRA

The level of solar power tariffs witnessed a sharp reduction in the last six months says ICRA The viability for solar projects bid has slowed down in the last six months, according to the research and ratings agency ICRA. The solar project capacity awarded in 2017 stood at 3.75 GW by October end as against […]

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IL&FS Tie-up With Ecamion To Explore Energy Storage Business

IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […]

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India Committed to 175 GW Clean Energy Target: MNRE

India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […]

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ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects

The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […]

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