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energy shortage

Advanced Lithium-Ion Technologies on Route for Record Investments in 2019

A new report has revealed that USD 350 million was invested globally in advanced lithium-ion technologies during the first half of 2019. Analyst firm Wood Mackenzie‘s ‘Global energy storage outlook, Q3 2019′ indicates more than USD 350 million invested globally in advanced lithium-ion technologies during the first half of 2019. It was just over USD 600 […]

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Wind Turbine Market to Grow at 2.9% CAGR to 2023

A new report says the wind turbine towers market is expected to grow at a CAGR of 2.9 percent between 2019 and 2023 A new report has predicted has revealed that the wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9 percent between 2019 and 2023, thanks […]

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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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Report Projects India Will Exceed its Paris Agreement Target

A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […]

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ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan

ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […]

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India to Add 131.31 GW of Power Generation Capacity till 2022: R K Singh

India will add 131.31 GW of power generation capacity from 2019 to 2022, the Parliament was informed in a written reply from R K Singh. India will add 131.31 GW of power generation capacity from 2019 to 2022, the Parliament was informed in a written reply from Union Minister of State for Power and New and Renewable […]

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Japan Shifts Focus to Nuclear and RE to Cut Carbon Emissions

Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet, said Japan faces […]

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MNRE Roots for Robots To Reduce Water Usage at Solar Plants

In an effort to reduce water usage in solar plants, the Ministry of New and Renewable Energy (MNRE) has asked the states and the solar industry to “preferably” use robotic cleaning and other new technologies for cleaning solar panels. “The excess usage of water, sometimes, leads to wastage of the precious resource and it can […]

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Powergrid Restores Power Supply in Cyclone-hit Odisha

State-run Power Grid Corporation of India Ltd (Powergrid) has announced that it has helped state utilities restore electricity supply in cyclone-hit Odisha.  Cyclone Fani on May 3, 2019, caused massive damage to power supply infrastructure in coastal Odisha, uprooting lakhs of electric poles, transformers and collapse of towers, Powergrid said in a statement.  “Powergrid has helped restore power with […]

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