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Energy storage will attract $662 bn investments through 2040; China, US, India to lead the pack

By : Sustainability ..., Aug 1, 2019

Global energy storage installations are set to multiply exponentially, from a modest 9 Gigawatt (GW)/17 Gigawatt Hour (GWh) deployed as of 2018 to 1,095 GW/2,850 GWh through 2040 led by China,...

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India: Renewable Energy Dominates 1st Half Of 2019 With 58% Share In New Capacity

By : Sustainability ..., Jul 23, 2019

Renewable energy technologies, especially wind and solar power, continued to lead all other technologies in new capacity added in the first half of 2019. In the first half of this year, solar...

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Greenko starts roadshows for up to $1 billion bond sale

By : Sustainability ..., Jul 18, 2019

Greenko Group, one of India’s largest renewable energy producers, has started meeting investors for a proposed dollar bond sale, which could see the company raise up to $1 billion, said two...

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Cap renewable energy tariff at Rs 3 per unit under NTPC, SECI auctions: Ind body

By : Sustainability ..., Jul 16, 2019

National Solar Energy Federation of India has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned NTPC and Solar Energy Corporation...

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Indian State Threatens Wind, Solar Assets With Tariff Renegotiations

By : Sustainability ..., Jul 12, 2019

The government of the state of Andhra Pradesh in India threatens to deliver a massive jolt to the country’s solar and wind energy market with a potential decision to renegotiate or even cancel...

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CERC eases norm to issue power trading licence to NTPC

By : Sustainability ..., Jul 11, 2019

Even as NTPC does not meet the criteria, the Maharatna Central Public Sector Enterprise is financially sound with respect to liquidity for carrying out electricity trade, it added. The Central...

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Govt to invoke special powers, save renewable energy projects of Rs 40,000 crore

By : Sustainability ..., Jun 21, 2019

The government is set to use special powers under the Electricity Act of 2003 to ensure regulatory passage for a clutch of inter-state transmission lines with the objective of preventing solar...

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The world will get half its power from wind, solar by 2050

By : Sustainability ..., Jun 19, 2019

Nearly half the world’s electricity will come from renewable energy by 2050 as costs of wind, solar and battery storage continue to plummet. That titanic shift over the next three decades will...

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Power minister positive on achieving 175 GW renewable energy target

By : Sustainability ..., Jun 11, 2019

Power and New and Renewable Energy Minister Raj Kumar Singh has exuded confidence that the renewable energy target of 175 gigawatt (GW) by 2022 would be achieved. Singh, who took the charge of...

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India’s Madhya Pradesh consults on 500MW of energy storage and manufacturing

By : Sustainability ..., Jun 6, 2019

Indian firm Madhya Pradesh Power Management Company (MPPMCL) has invited expressions of interest (EOI) for setting up 500MW of grid-scale energy storage capacity as well as a storage...

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