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PM Modi Launches Kisan Suryoday Yojana for Farmers in Gujarat

PM Modi has launched the Kisan Suryoday Yojana in Gujarat with the aim of providing 16 hours of power supply to farmers in the state every day. Prime Minister Narendra Modi recently inaugurated 3 key projects in Gujarat through video conferencing. The key project that was launched was the Kisan Suryoday Yojana, which has been []

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Pandemic to Delay EV Penetration in India; 2Ws in the Clear: Ind-Ra

Ind-Ra has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. India Ratings and Research (Ind-Ra) has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. The analysis cites low affordability and the []

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EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia

EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the worlds largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric []

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NIPSCO Announces New Indiana-Based Solar Projects To Power 270,000 Homes By 2023

Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that it will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the companys long-term generation strategy. NIPSCO has finalized three build transfer agreements []

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Iberdrola and Volvo Car España agree to promote electric mobility in Spain together

Iberdrola and Volvo Car España have signed a framework cooperation agreement to promote sustainable mobility, under which the energy group will supply charging solutions for the car manufacturers Recharge vehicle range in Spain. The solution that Iberdrola and its portfolio company Wallbox will supply to Volvo is designed to make charging its customers vehicles easier []

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PV Module Innovations to Help Drive Down Solar Costs in 2020s: WoodMac

In the 2020s, improvement in module efficiency and power class will propel the declining capex trend-forward and ultimately lower the solar LCOE The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar []

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EDPR Reaches Agreement for Co-Development of 900 MW Wind Farms

EDPR has an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development of onshore wind opportunities in the country EDP Renováveis, S.A. (EDPR), a global leader in the renewable energy sector and one of the worlds largest wind energy producers, has announced that it has reached an agreement with Ellaktor, the largest infrastructure group []

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Iberdrola Acquires New Mexico and Texas Utility PNM Resources

Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNMs board of directors, will be effected via merger. PNMs shareholders will receive $4.3 Bn []

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MERC Begins E-Hearing on Mumbai Power Outage Issue

MERC on October 21, 2020, began the hearing into last weeks power outage in Mumbai which lasted for up to 14 hours in some parts. The Maharashtra Electricity Regulatory Commission (MERC) on October 21, 2020, began the hearing into last weeks power outage in Mumbai which lasted for up to 14 hours in some parts. []

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