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Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy

Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […]

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World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond

The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […]

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NTPC Invites Applications For Enlistment of Wind Energy Developers

The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme

The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […]

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Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan

The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Component-B: […]

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Rs 3,584 Crore Released For RE Schemes in FY 2018-19: R K Singh

A total of 74.79 GW of renewable energy capacity had been installed in the country at the end of December 2018. The government has released Rs 3,584.08 crore as Central Financial Assistance (CFA) for implementing renewable energy schemes by the Ministry of New and Renewable Energy (MNRE) in the financial year 2018-19 so far, power and renewable energy minister R […]

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MNRE Issues Notice With Amendments For 2 NISE Tenders

The last date for bid submissions on the two tenders is February 25, 2019, and February 18, 2019. The National Institute of Solar Energy (NISE), has issued corrigendum with amendments to two of its tenders. NISE, an autonomous institute under the Ministry of New and Renewable Energy (MNRE), had previously issued two tenders for setting […]

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Distributed Energy Projects Awarded $9.6 Mn by ARENA

These 12 projects and studies are expected to help in maximising the potential benefits of DER technologies owned by households and businesses. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has awarded $ 9.6 million in funding to 12 projects and studies to further integrate distributed energy resources (DER) into the […]

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