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IEX, PXIL Make the Case for Reopening REC Trading

IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), citing the impact on the entire value chain. Energy exchanges IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), saying the market closure is impacting the entire value chain in the electricity […]

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Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive

Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […]

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Okaya Partners With BluSmart for EV Charging Stations

Okaya has partnered with BluSmart Electric Mobility, with the aim to provide a well-laid out EV charging stations for their fleet operations Okaya Power Group has announced that it has formed a strategic partnership with BluSmart Electric Mobility, one of India’s largest fleet operators of electric four-wheeler vehicles with the aim to provide a well-laid […]

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Inox Wind Drops More Than Rs 160 Crore in Income in June Quarter

Inox Wind had reported that its total income during the June quarter was Rs 101.90 crore, dropping more than Rs 160 crore YoY from Rs 264.53 crore. Indian wind energy service firm and manufacturer Inox Wind had reported on its financial results for the quarter ended June 30, 2020. The firm had revealed that its […]

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Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation?

The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […]

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RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh

Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […]

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SECI Releases ₹520 Crores To developers in July

At a time when the stress due to overdues from discoms, besides multiple other factors has got the industry on edge, SECI (Solar Energy Corporation Of India) has released a statement that claims ₹520 crores have been released to developers for payments against wind and solar energy generation. This represents about 75 percent of the […]

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Indian Scientist Working on Generating Clean Fuel From Algae

While fossil fuels deplete, the fuel potential of algae residing in the vast marine environment surrounding India remains unexplored. Low-cost biodiesel from micro algae of marine origin may soon turn a reality, thanks to the efforts of a scientist who is working on biotechnological studies and tools for increasing the lipid accumulation in micro algae for biodiesel […]

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Gadkari Promotes Pilot Electric Buses Projects With Private Investments

Nitin Gadkari recently promoted a pilot project to run electric buses with private investment, stating that if anyone is ready to invest in India, we can give him a pilot project for a city, where they can run their buses on electricity. Union Road Transport and Highways Minister Nitin Gadkari recently promoted a pilot project to run electric buses with private investment. […]

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