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Budget 2020 and Renewables. An Evolving Story

In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the []

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Energy Storage Industry Sees New Opportunities in Sitharamans Budget 2020

Welcoming the Finance Minister Nirmala Sitharamans Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this years Budget for the energy storage sector. From Sitharamans second Union Budget, the energy storage industry analyzed that it will not only provide []

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Waaree ESS Inks Supply Pact with GreenVolt Mobility for Li-Ion Batteries

With an aim to contribute towards Indias electric vehicle (EV) revolution, Waaree ESS Pvt Ltd, a Mumbai-based startup company engaged in the manufacturing of Lithium-Ion (Li-Ion) batteries, on Saturday said that it has entered into a partnership with GreenVolt Mobility, Ahmedabad-based EV startup. As per the agreement signed, Waaree ESS will supply its Li-Ion batteries []

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SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources

SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal []

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Greenko, ReNew Power win SECIs 1.2 GW Hybrid Plus Storage Tender

Greenko Group and ReNew Power have won with their bids in SECIs 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of Indias (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and []

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Economic Survey 2019-20. Opportunity Ignored?

The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to []

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EY Announces Commitment to be Carbon Neutral by end of 2020

EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. The commitment reflects the firms focus towards becoming a []

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Vena Energy to Begin Work on 100 MW Australian Battery Project

Vena Energy Australia has announced that it will soon begin construction of Queenslands largest grid-scale battery near Wandoan in the Western Downs Renewable power producer Vena Energy Australia, which is a subsidiary of Singapore-based Vena Energy has announced that it will soon begin construction of Queenslands largest grid-scale battery near Wandoan in the Western Downs, []

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Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz

With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 governments annual report card, all eyes are on the Finance Minister Nirmala Sitharamans Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to []

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