SUBSCRIBE NEWS LETTER

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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Demand for Hydrogen in India can Grow 5-Fold by 2050: TERI

A new report by The Energy and Resources Institute (TERI) suggests that the demand for hydrogen in India can grow 5-fold by 2050. The demand for hydrogen in India can grow five-fold by 2050. Further, by 2030, the costs of “green hydrogen” from renewables will fall more than 50 percent and start to compete with […]

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PureEV Signs MoU with CSIR-CECRI, Indigenizing Lithium-Ion technology for EVs

IIT Hyderabad incubated PURE EV has announced its partnership with CSIR – Central Electro Chemical Research Institute (CECRI). The firm has signed a Memorandum of Understanding with CSIR- CECRI for indigenous Lithium-Ion battery technology for electric vehicles. The company has been funded by  Pharma industry veteran V C Nannapaneni. The collaboration will serve joint research […]

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Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind

Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […]

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KPTL Bags Transmission and Distribution Projects With Rs 1300 Cr

KPTL has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T and D) space. Engineering, Procurement and Construction (EPC) company Kalpataru Power Transmission Limited (KPTL) has announced that it has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T […]

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Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA

IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […]

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Unpaid Electric Bills Weakens the Efforts to Improve Access to All

Electric utilities in many developing countries often don’t get fully paid by consumers for the power they supply. A new study by the University of Chicago and partner institutes suggests that this has led to widespread outages and rationing of power. This poor electricity access may be a consequence of society treating electricity as a […]

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Silicon Ranch Closes $225 Million Equity Raise with Existing Shareholders

Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital. The round was funded entirely by existing Silicon Ranch shareholders, which include Shell and institutional investors TD Greystone Infrastructure Fund (Global Master) L.P., managed by TD […]

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China & India to Lead Revival of Electricity Demand in 2021: IEA

After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […]

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