Power Billing to Move From Postpaid to Prepaid: R K Singh

India is moving towards a new regime where a power consumer would pay first and then get power supply, Union minister R K Singh has said. India is moving towards a new regime where a power consumer would pay first and then get power supply, which would eventually deal with the issue of non-payment in the sector, […]

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4.5 mn People in Africa to Benefit With Off-Grid Power by 2025

AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […]

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TERI Signs MoU With WAPCOS For Collaboration on Water, Power and Infrastructural Development Opportunities

TERI and WAPCOS to jointly implement innovative approaches in areas of Water Resources, Power and Infrastructure sectors. The Energy and Resources Institute (TERI), India’s leading think tank and WAPCOS, a consulting organisation and public sector undertaking under the Ministry of Water Resources, River Development and Ganga Rejuvenation, have signed a MoU (Memorandum of Understanding) to […]

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MoF Adopts E-Mobility Programme in Partnership with EESL

Further, 28 charging points (24 slow charging points, 4 fast charging points) have also been installed at North Block for charging these vehicles. Marking the adoption of e-mobility, Department of Economic Affairs, Ministry of Finance (MoF), Government of India has signed an agreement with Energy Efficiency Services Limited (EESL), an entity under Ministry of Power […]

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World Bank signs agreement with Jharkhand and Central government for a $310 million loan

The Jharkhand Power System Improvement Project will help build new power transmission infrastructure To provide affordable, reliable and 24×7 electricity to the citizens of Jharkhand, the state and the central government have signed an agreement with the World Bank for a loan of $310 million. The Jharkhand Power System Improvement Project will help build new […]

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Siemens Develops 1st Dynamic Power Grid Control Centre 

Siemens’ DynaGridCenter is capable of visualizing dynamic processes that bring the energy transition to the power grid and provide targeted recommendations for actions to optimize the grids and prevent blackouts. Leading energy sector player, Siemens, while working alongside researchers, has developed world’s first cutting edge Dynamic Power grid control Centre ‘DynaGridCenter’. Siemens’ DynaGridCenter is capable […]

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Tata Power Hits 0.8 Million ‘Digital-Only’ Customers

32 percent of Tata Power customers are now being catered through digital medium such as smart phones. Having pushed the digitized approach to cater its customers best, Tata Power has achieved 0.8 million digital-only customers out of its 3.2 million clientele. Moreover, 32 percent of Tata Power total customers are now being catered through digital […]

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Renesola Sells North Carolina Solar Project to Greenbacker

As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […]

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World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

“We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […]

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