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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […]

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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector

CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […]

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First World Solar Technology Summit Kicks Off Today

The ISA (International Solar Alliance) organised first World Solar Technology Summit will start off today. The event, which has taken a virtual avatar due to the Covid pandemic, will be managed out of Delhi. Over 26,000 ‘participants’ from 149 countries had registered for the summit till yesterday. A key highlight is the launch of an […]

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EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down

EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […]

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Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island

Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […]

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Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers

The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […]

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Delhi’s IGI Airport Exploring Clean Energy Alternatives

DIAL which operates the IGI Airport is looking at alternative solutions for generating clean and green energy, a top company official has confirmed. The Delhi International Airport Ltd (DIAL), a joint venture which is led by the GMR Group, which operates the Indira Gandhi International (IGI) Airport in the Capital is looking at alternative solutions […]

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