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Half European Union Houses can Contribute to RE Production by 2050: Report

About half of European Union households could contribute to produce renewable energy, with off grid communities contributing 37% of this number. With a considerable share in global photovoltaic (PV) and wind power equipment market, European Union (EU) has been working towards inclusion of its households in a bid to switch energy sources. According to a […]

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Solar System Installation Mandatory for New Building Approval: HC

High court passed the interim direction on a plea moved by Tamil Nadu Spinning Mills Association alleging that Tangedco was backing down from producing wind energy deliberately. In a bid to force solar use by the public, Madras High Court (HC) has directed the government to add solar power system installations as a norm in the approval […]

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Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd

Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […]

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SECI’s 5000MW Solar Auction Gets Single Bidder

As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […]

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World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally

Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […]

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innogy to Kick Off Australia’s Largest Solar Power Plant Construction

Limondale project is located near Balranald, New South Wales and the company commences the preparation works and pre-pilling tests. Following the acquisition completion in mid-September, German energy firm innogy SE has decided to construct Australia’s largest solar project – Limondale with an installed capacity of 349 MWp. Limondale project is located near Balranald, New South […]

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India’s Renewable Energy Addition Falls Almost 20% YoY: Report

According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […]

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Statkraft to Invest $1.2 Bn in Renewable Energy

In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […]

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Reverse Bidding to Continue in Renewable Energy Sector, says R K Singh

“We will accept bids which are reasonable. If we come across bids which we consider to be excessive, we will cancel them,” the Minister said. The Power and New & Renewable Energy Minister R K Singh said that the government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct […]

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