India

EESL and AMC Partner to Promote EVs in Ahmedabad

EESL has entered into a partnership with AMC to establish enabling infrastructure for Electric Vehicles (EVs) in Ahmedabad over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India has entered into a partnership with the Ahmedabad Municipal Corporation (AMC) to establish enabling infrastructure for Electric Vehicles […]

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Indian Navy Sails towards Renewable Energy; 24MW Solar Projects under Execution

Besides, Indian Navy has also taken up few pilot projects which utilize wind or hybrid (both wind and solar) as a source of energy. These projects not only aim to reduce carbon footprint but also help achieve self-sustenance in energy security. Demand for energy spurred over the past two decades on the back of unprecedented […]

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IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets

IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […]

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UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments

The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […]

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EoI For 500 MW Energy Storage Projects Issued in Madhya Pradesh

MPPMCL has issued an EoI for the demonstration and selection of technology for providing energy storage services of up to 500 MW and setting up energy storage manufacturing facility in Madhya Pradesh. The Madhya Pradesh Power Management Company (MPPMCL) intends to execute Energy Storage Projects in the state to make optimum use of energy resources […]

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Centuary Mattresses Goes Solar With Freyr Energy

The move came as the company wants to fulfill its rising energy demand via eco-friendly uninterrupted power supply after it saw surge in business operations and also acceleration in mattresses production. In a bid to contribute towards country’s clean and green energy initiatives, one of the leading mattress makers, Centuary Mattresses has successfully commissioned 240 […]

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Waaree Commissions 49.5 MW Solar Project in Vietnam

Waaree Energies, one of India’s leading solar PV manufacturers, has announced the commissioning and inauguration of its 49.5 MW ground-mounted solar project in Vietnam. The project, in association with Song Giang Solar Power JSC, marks the company’s footprint in South East Asia. Developed in the Khanh Hoa province, the plant is expected to generate more […]

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Regulatory Challenges a Limiting Factor for RE in India

The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […]

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Mahindra Susten and Mitsui to Co-Develop Solar Plants in India

Mahindra Susten and Mitsui have announced plans to co-develop and operate solar power projects in India. Mahindra Susten, the renewable energy arm of the Mahindra group, has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy […]

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