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World Bank Provides $165 M To Support RE In India’s Residential Sector

The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […]

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Electrical Component Engineer – System Studies

The System Studies and Network Solutions role is undertaking following actions for the support of ACS-COE, Grid Solutions, Focus on Engineering, and give technical support on demand of ITO of OTR. The actions are consisting on: On-going projects: Undertake the Network analysis actions by use of simulation software in the domain of Power System Analysis […]

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UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […]

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Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others

US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment.  With the help of this growth equity investment from TPG Rise & Others, Intersect […]

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Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange

The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […]

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Trains Fueled by Hydrogen will Operate in Germany

Hydrogen-based technology is being used in rail transport. The latest example is Germany’s Siemens Mobility, which is building several trains fueled by hydrogen for the transport network in the Berlin-Brandenburg metropolitan area. On Monday (27th June) Siemens Mobility stated that Niederbarnimer Eisenbahn has ordered seven of its Mireo Plus H trains from the company. The […]

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Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market

To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […]

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Mecwin India Invests Rs 50 Cr to Set Up New Manufacturing Unit

Bangalore-based EV start-up, Mecwin India has announced a new manufacturing unit in Bengaluru, Karnataka for EV motors and controllers. The firm is going to invest Rs 50 Cr in this manufacturing unit, it claims.  According to the company’s statement, Bengaluru’s production plant for domestic EV motors and controllers will be up and running by the […]

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Consultant – Market Operations

As a Consultant – Market Operations, you’ll report to Head of Operations and following tasks would be a part of your job profile: Daily operational activities such as bidding on power exchanges, generation schedule optimization, scheduling of bilateral transactions at the SLDC and SLDC, scheduling in Real Time market. Co-ordination with clients and resolution of customer […]

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