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NTPC will be commissioning the second part of the Gandhar Solar Power Project developed by the Maharatna PSU. The total capacity of the solar power project is 20 MW and the second part will be 10MW. NTPC revealed in a regulatory filing that the company will add 10 MW of capacity to the project on […]
A latest report by the International Energy Agency (IEA) claimed that India is likely to see an increased installation of renewable energy in 2023 and 2024. It attributed this to some of the positive developments in the sector. The global report titled ‘Renewable Energy Market Update’ gives a projection of the growth of renewable energy across the […]
The Maharashtra Electricity Regulatory Commission (MERC), in its suo motu order, has notified the generic tariff for the net-meter consumers of Maharashtra at Rs 3.05/unit for 2023-24. The Commission said that the solar rooftop prosumers using net meters can now sell their surplus solar energy to the local discoms at the latest tariff. The latest tariff […]
Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […]
A decarbonisation platform that looks to accelerate the energy transition for energy-intensive industries, Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Hiranandani will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, said, “We are elated to have […]
Siemens Gamesa, which provides offshore and onshore wind turbines and related services worldwide, has announced that it has set sights on establishing a major offshore nacelle manufacturing facility to come up in New York state. If all goes well with New York authorities, this will be the firm’s third offshore wind solicitation. The facility being […]
NTPC Vidyut Vyapar Nigam Limited (NVVN), A wholly owned subsidiary of NTPC Ltd., has invited bids for the development of 2-MW (AC) Grid Connected Solar PV Project at Tripura Airport in Agartala, Tripura. The tender is for Design, Engineering, Supply, Construction, Erection, Testing and Commissioning of the Grid Connected Solar PV Projects at Agartala Airport. […]
Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […]
India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […]
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