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Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd

Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […]

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Solarise Africa Expands PV Footprint in Africa

Innovative renewable energy leasing solutions now operational in Rwanda, Uganda, and Zambia through new partnership Pan-African energy leasing company, Solarise Africa, has announced their expansion into three new countries in Africa after signing a partnership agreement with Centennial Generating Co, a leading turnkey energy services company in the region. The partnership adds seven projects in […]

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National Hydrogen Energy Mission Document to be Finalised This Month

The draft National Hydrogen Mission document has already gone through the consultation process and is expected to be finalised in February 2021 In the Budget Speech 2021-22, Finance Minister Nirmala Sitharaman proposed to launch a National Hydrogen Mission for generating hydrogen from green power sources. The ministry has now announced that the draft mission document […]

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Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually

Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […]

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RE Projects can get Further Extension in Exceptional Cases: MNRE

MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […]

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India to see Largest Increase in Energy Demand in the World by 2040: IEA

India is set to experience the largest increase in energy demand of any country over the next 20 years as its economy continues to develop India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path […]

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Belltown Completes Development & Sale of 750 MW Solar Projects in 2020

Belltown Power Texas, a leading developer of utility-scale solar projects, has completed the development and sale of five projects adding up to 750 MW during the course of 2020, which brings the total Belltown track record to 930MW. Belltown specializes in greenfield development of projects, starting with site identification and navigating interconnection, real estate, permitting, […]

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Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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India’s Consumption Trends in January Sign of Economic Growth: RK Singh

Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […]

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