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India, Saudi Arabia ink Renewable Energy Agreement

India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, and civil aviation. India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, defence industries collaboration, and civil aviation. The agreements were signed in the presence of Prime Minister Narendra […]

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Global Solar Tender Activity Down 26 Percent in Q3 of 2019

Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427. Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427, according to GlobalData’s power industry tenders database. […]

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Need to Grab Rooftop Solar Opportunity with Right Policy Structure: Sushil Bansal

The rooftop solar segment is still far behind achieving its target. The main reason behind this I believe is resistance from Discoms and inconsistent solar rooftop policies in every state. There is high potential in erstwhile slow-moving solar rooftop segment. Already there is awareness among rooftop consumers. The cost advantage is also present. There is […]

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Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too?

With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […]

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EDP Renewables Gets PPA for 490 MW in Colombia Auctions

EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […]

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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Amazon Announces 3 New Renewable Projects in US and UK

Amazon has announced 3 new renewable projects in the US and UK that support its commitment to reaching 80 percent renewable energy by 2024 Amazon has announced three new renewable energy projects in the US and UK that support its commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 […]

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Storage Subsidies. With or Without Renewables?

The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […]

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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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