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renewable energy

Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie

The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. Indias wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood []

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CCEA Approves Proposal For Setting Up 12 GW Solar Projects 

The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energys (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, []

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Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr

The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster []

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Abu Dhabi Commissions Worlds Largest Storage Battery

The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery []

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France Launches First Offshore Wind Power Project

LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen.   LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of Frances first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the []

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CCEA approves proposal for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister, Shri Narendra Modi, has approved the Ministry of New & Renewable Energys proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-llfor setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, by the Government Producers with Viability Gap Funding (VGF) support []

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Evolution II Fund Closes ZAR100 Mn Investment Targeting C&I Solar Rooftop Market in Africa

The investment will be used to finance rooftop solar projects for commercial and industrial consumers. Inspired Evolution, an Africa-focused investment advisory firm that specialises in the clean energy sector, has closed a ZAR100 ($7.47) million investment facility by its Evolution II Fund into Commercial Energy SA an affiliate of SolarAfrica. Commercial Energy SA offers []

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Kerala Floats Tender for 3 MW Solar Plant at Kannur Naval Station

The last date of bid submissions is February 11, 2019, and the technical bids will open on February 14, 2019. The Kerala State Electronics Development Corporation (KELTRON) has issued tender to set up a 3 MW grid-connected solar photovoltaic (PV) project at The Indian Naval Academy, Naval Station, Ezhimala, Kannur. The brief scope of work for []

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Solar Import Woes. After Safeguard Duty Failure, No Easy Way Out

With a free trade agreement in place with Thailand, the government could find it more difficult than usual to impose any protection from imports from that country. The recently released figures on Indias Solar equipment Imports confirm what the Industrys manufacturing body, the Indian Solar Manufacturers Association (ISMA) has been claiming. The Safeguard Duty has []

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