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Indian State Threatens Wind, Solar Assets With Tariff Renegotiations

The government of the state of Andhra Pradesh in India threatens to deliver a massive jolt to the country’s solar and wind energy market with a potential decision to renegotiate or even cancel existing power purchase agreements. Photo by Cynthia Shahan | CleanTechnica Several media agencies have reported over the last few days that the [...]

2019-07-12T02:09:58+00:00July 12th, 2019|News|Comments Off on Indian State Threatens Wind, Solar Assets With Tariff Renegotiations

Renewable energy device produces solar power and clean drinking water

A new device developed by KAUST generates solar energy and purifies water. A team of researchers from Saudi Arabia’s KAUST (King Abdullah University of Science and Technology), have developed a device that generates both clean drinking water and power from the sun using only renewable energy. Wasted heat from solar power production is used to [...]

2019-07-12T01:55:01+00:00July 12th, 2019|News|Comments Off on Renewable energy device produces solar power and clean drinking water

GIC, ADIA invest $329 mn more in Hyderabad-based Greenko

Green energy firm to use the fresh capital to fund CAPEX of integrated renewable energy projects, acquisitions The fresh tranche follows the $495 mn investment in June by the wealth funds in Greenko NEW DELHI: In one of the largest funding rounds by an Indian clean energy producer, sovereign wealth funds GIC Holdings Pte. Ltd and [...]

2019-07-12T01:46:00+00:00July 12th, 2019|News|Comments Off on GIC, ADIA invest $329 mn more in Hyderabad-based Greenko

Industries, businesses seek clarity on Solar Energy Policy

Meeting planned in Chennai to identify challenges Several solar energy panels line the concrete and metal rooftop at The Brookefields Mall in the city. Nearly 10 % of the mall’s day time power requirement is met by the 595 kWp rooftop solar energy system. The mall commissioned a 250 kWp rooftop solar power plant in [...]

2019-07-12T01:30:13+00:00July 12th, 2019|News|Comments Off on Industries, businesses seek clarity on Solar Energy Policy

Global Renewable Energy Investment Falls In Wake Of Chinese Policy Shift

Renewable energy investment fell back in the first half of 2019, with a 14% drop in funding for clean energy schemes around the world compared to the same period last year. The total amount of financing from January to June was $117.6 billion, significantly below the record high of more than $160 billion seen in [...]

2019-07-11T00:40:01+00:00July 11th, 2019|News|Comments Off on Global Renewable Energy Investment Falls In Wake Of Chinese Policy Shift

Jakson Group to set up 50 Mw greenfield solar plant for Rs 300 cr in UP

Spread over 300 acres, the independent power project is projected to be operational in 18-24 months Solar energy company Jakson Group is investing nearly Rs 300 crore in a solar power plant in Jhansi district of Uttar Pradesh. The 50 megawatts (Mw) independent power plant (IPP), spread over 300 acres, is projected to be operational in 18-24 [...]

2019-07-11T00:33:58+00:00July 11th, 2019|News|Comments Off on Jakson Group to set up 50 Mw greenfield solar plant for Rs 300 cr in UP

NTPC turns a power trader, gets renewable energy lift

Energy conglomerate gets a license from CERC for inter-state trading in power in the country NTPC, India's largest energy conglomerate with an installed generation capacity of 55,126 MW, has received a license from the Central Electricity Regulatory Commission for inter-state trading in electricity in the whole of India. However, NTPC won't be able to trade [...]

2019-07-11T00:26:29+00:00July 11th, 2019|News|Comments Off on NTPC turns a power trader, gets renewable energy lift

Total, EDF Renewables to develop 700 MW solar power projects in India

With planned production of nearly 1,200 GWh per year, these solar PV projects will generate the energy required to meet the annual electricity needs of 1.1 million Indian households Total, one of the world’s major integrated oil & gas company along with French energy group EDF Renewables, will develop 700 MW of solar power projects in India [...]

2019-07-10T09:16:55+00:00July 10th, 2019|News|Comments Off on Total, EDF Renewables to develop 700 MW solar power projects in India

Budget 2019: Driving India $5 trillion economy vision with Electric Vehicles

In pursuit of placing India on a trajectory towards a $5 trillion economy, Finance Minister Nirmala Sitharaman announced a development-oriented Union Budget on July 6, 2019. Also, with an aim to promote sustainable development, and accelerate the electric mobility market in the country in this endeavor, measures such as income tax deduction of Rs. 1.5 [...]

2019-07-10T08:35:14+00:00July 10th, 2019|News|Comments Off on Budget 2019: Driving India $5 trillion economy vision with Electric Vehicles

Odisha Renewable Energy Development Agency signed an MoU with National Environmental Engineering Research Institute

Bhubaneswar: OREDA (Odisha Renewable Energy Development Agency) has signed an MoU with National Environmental Engineering Research Institute (NEERI), Nagpur to give support as Transaction Advisor for up-gradation and operation of Biju Patnaik Energy Park, Bhubaneswar. The park was set up under Special Area Demonstration Programme (SADP) of Ministry of New & Renewable Energy (MNRE) and is directly managed [...]

2019-07-10T03:56:52+00:00July 10th, 2019|News|Comments Off on Odisha Renewable Energy Development Agency signed an MoU with National Environmental Engineering Research Institute
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