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U.S. solar developer 8minutenergy in $200 mln joint venture

Dec 11 (Reuters) - U.S. solar developer 8minutenergy Renewables LLC on Tuesday said it had raised more than $200 million for its pipeline of utility-scale solar projects through a joint venture with J.P. Morgan Asset Management and Upper Bay Infrastructure Partners. The announcement comes three days after the company announced a buyout of co-founder and [...]

By | 2018-12-12T04:09:18+00:00 December 12th, 2018|News|Comments Off on U.S. solar developer 8minutenergy in $200 mln joint venture

Maharashtra equipped to face rising electricity demand, says power ministry official

  Maharashtra, the highest power consuming state in the country, is set to face the rising electricity requirement with adequate power purchase agreements (PPAs) and rising renewable energy capacity, a senior state power ministry official said. “We have PPAs tied up with 28,000 MW of power plants and 7,000 MW of additional bilateral arrangements,” Vishwas [...]

By | 2018-12-11T10:10:49+00:00 December 11th, 2018|News|Comments Off on Maharashtra equipped to face rising electricity demand, says power ministry official

NTPC close to buying out UP government 50 percent equity in Meja power project

  Over a year after it had evinced interest in taking over the Uttar Pradesh government’s 50% equity in the 1,320 MW Meja thermal power project in order to lower the cost of electricity in the state and bring about greater efficiency, the country’s largest power producer NTPC seems to be close to sealing the [...]

By | 2018-12-11T10:08:56+00:00 December 11th, 2018|News|Comments Off on NTPC close to buying out UP government 50 percent equity in Meja power project

Bengaluru: 941 days and counting, Kaiga powers on

  In a big boost to India’s nuclear energy programme the Kaiga Generating Station (KGS) - 1 of the Kaiga Atomic Power Station (KAPS) on Monday morning broke the world record by achieving 941 days of continuous operation, said the Department of Atomic Energy(DAE). The Kaiga Unit 1 has been operating uninterrupted since May 13, [...]

By | 2018-12-11T10:07:13+00:00 December 11th, 2018|News|Comments Off on Bengaluru: 941 days and counting, Kaiga powers on

Alpha Capital invests INR 160 Crore in Hero Electric

  Electric scooter maker Hero Electric has raised ₹160 crore from Mumbai-based Alpha Capital to build its second factory, develop new products and expand dealer network on hopes that local demand for its eco-friendly products will nearly double in the next few years, said a top company executive. This is the maiden fund raising for [...]

By | 2018-12-11T10:03:10+00:00 December 11th, 2018|News|Comments Off on Alpha Capital invests INR 160 Crore in Hero Electric

ROUND-UP: Goa proposals, IL&FS 300MW sale, juwi in Greece, Solarcentury’s Dutch 44MW

Goa plans small solar prosumer 50% subsidy December: Goa has proposed amendments to its state solar policy including a 50% subsidy for small prosumers with PV plants of up to 100kW in size to replace an interest-free loan scheme. Goa Energy Development Agency (GEDA) issued the update on its website and has asked for public responses. Government shall [...]

By | 2018-12-11T02:29:58+00:00 December 11th, 2018|News|Comments Off on ROUND-UP: Goa proposals, IL&FS 300MW sale, juwi in Greece, Solarcentury’s Dutch 44MW

Himalayan solar to the plains of Punjab: Assessing 23GW in Ladakh

Ladakh is one of the most inaccessible places on earth. Cut off by snow for more than seven months of the year, deep into the Indian Himalayas and bordering both Pakistan and China, with its capital city Leh at 3,500 metres altitude, this corner of Jammu & Kashmir state makes any kind of large-scale infrastructure [...]

By | 2018-12-11T02:26:34+00:00 December 11th, 2018|News|Comments Off on Himalayan solar to the plains of Punjab: Assessing 23GW in Ladakh

Lack of EV policy not to hamper launch of eco-friendly vehicles in India: Kia

  South Korean auto major Kia Motors is not worried over the lack of policy for eco-friendly vehicles in India as it can quickly adapt from its existing global portfolio for the local market, according to a senior company official. The company feels that India will also eventually follow the global direction towards eco-friendly technologies led by electric [...]

By | 2018-12-10T08:45:43+00:00 December 10th, 2018|News|Comments Off on Lack of EV policy not to hamper launch of eco-friendly vehicles in India: Kia

Records of all power firms will be checked: Maha power regulator chief

  MERC chairman Anand Kulkarni on Sunday said that not just Adani Electricity, but records of other power utility firms, including BEST undertaking, MSEDCL and Tata Power, were also being checked to ensure they had not levied excess charges.  “I will not allow any power utility firm to play with the lives of over one and a half crore [...]

By | 2018-12-10T08:40:21+00:00 December 10th, 2018|News|Comments Off on Records of all power firms will be checked: Maha power regulator chief

New method to predict solar storms developed

Kolkata: A team of scientists has found a way to predict the Sun's activity over the coming decades, which could help better prepare against solar storms that may cripple satellite communications and Earth's electric power grids. In a study published in the journal Nature Communications, the team also showed that there is little possibility of a [...]

By | 2018-12-10T06:56:35+00:00 December 10th, 2018|News|Comments Off on New method to predict solar storms developed
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