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Up to 85 GW of RE Demand Exists Within US Corporates Through 2030

According to a new report, up to 85 GW of renewable energy demand exists within the largest US companies through 2030 According to a new report from Wood Mackenzie and the American Wind Energy Association (AWEA) on the ‘Commercial and Industrial Wind Energy Demand in the United States’, Wood Mackenzie estimates that up to 85 […]

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Environment Ministry Trims Lease Rent on Wind Projects

The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […]

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States That Miss UDAY Targets to Face Fund Cuts: R K Singh

The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […]

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Payment Dues to RE Firms Climbs to Rs 6872 Crore

A new report has revealed that power Discoms across the country owe close to Rs 6872 crore to RE developers in payment dues A new report has revealed that the power distribution companies (Discoms) across the country owe close to Rs 6872 crore to renewable energy developers in payment dues up to August 16, 2019. […]

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Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya

Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […]

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BloombergNEF Awards Sungrow 100% Bankability Rating

Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […]

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Shell Recharge Forays Into Southeast Asia With EV Chargers in Singapore

Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge EV chargers at petrol stations in Singapore Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge electric vehicle (EV) chargers at petrol stations in Singapore, the company’s first such foray in Southeast Asia. The electric vehicle charging service, […]

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REC Group and Meyer Burger Sign MoU for Strategic Collaboration

REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […]

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