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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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CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs

The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […]

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US DOE Announces $28 Million for Offshore Wind Energy

ATLANTIS projects will develop new technologies for floating, offshore wind turbines (FOWTs) using the discipline of control co-design (CCD). The U.S Department of Energy (DOE) has announced up to $28 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, Aerodynamic Turbines, Lighter and Afloat, with Nautical Technologies and Integrated Servo-control (ATLANTIS). ATLANTIS […]

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Ignored in the Budget, The Renewables Sector Needs Marketing Lessons

With the ‘Interim’ Budget finally, behind us, it’s a good time for the renewables sector to take a look at just why the sector was ignored, more or less, when it comes to any major policy announcements in the budget. Of course, blaming ‘interim’ would be an easy way out. It’s clearly not a case […]

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Renewable Energy Industry Reactions on Interim Budget 2019

The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […]

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TMEIC Bags First Place and 5 Star Rating Award for Excellence in EHS Practices

Additionally, the company’s green factory in Tumakuru has achieved carbon & water neutrality through rainwater harvesting, zero discharge, natural air ventilators, natural lighting and in-house solar power generation. Japan-based TMEIC’s Indian arm, TMEIC India has won the 5 Star Rating award for excellence in Environment, Health & Safety (EHS) practices and the First Place award […]

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Sungrow Ships 1500V Inverters for 200 MW Nevada Project

Further, the project is expected to be grid-connected by the end of 2019 and creates hundreds of jobs for the local community. One of the global leading inverter supplier for renewable, Sungrow has recently supplied its 1500V turnkey inverter solutions tailored for North American market to Techren-2. This 200 MW solar project in Nevada marks another […]

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GE Expands Renewable Energy Portfolio

The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […]

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Government Lowers Import Duty on EV Components

The Central Board of Indirect Taxes and Customs (CBIC) has carved out a separate category for parts and components of an electric vehicle for which customs duty has been lowered to 10-15 percent. To promote domestic assembling of electric vehicles, the government has lowered customs duty on import of parts and components of such vehicles […]

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