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IEX says average spot power prices down 21% in March

By : Sustainability ..., Apr 7, 2020

Indian Energy Exchange (IEX) said electricity prices in spot market declined by 21% in March 2020 even as there was a 18% surge in trade volume. IEX saw a trade of 4,291 million units (MU) - the Day-Ahead Market (DAM) traded 3,971 MU during March 2020 and saw 18% year-on-year...

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"To be true to the spirit of clean mobility, we believe that electric vehicle charging has to be clean energy sourced"

By : Sustainability ..., Mar 3, 2020

In conversation with Sustainability Outlook, Maxson Lewis, Managing Director of Magenta Power, talks about integrating renewable energy sources (RES) in EV charging infrastructure and whether this presents a viable market opportunity for...

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Renewables to contribute 21 per cent of electricity demand in India in 2021-22: RK Singh

By : Sustainability ..., Feb 7, 2020

Renewable energy sources are expected to account for around 21 per cent of electricity demand in 2021-22, Power Minister R K Singh said on Thursday. "As per Central Electricity Authority's National Electricity Plan, contribution of renewable energy sources is estimated to be...

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Railways to source 1.2 GW green energy

By : Sustainability ..., Jan 10, 2020

One of the significant actions taken in this direction has been installation of solar panels at stations and service buildings across the zone. All stations in a particular section of South Central Railway have been provided with solar panels to tap the natural energy....

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Power ministry invites bids for transmission projects to evacuate renewable energy in TN, Gujarat

By : Sustainability ..., Dec 27, 2019

The power ministry has invited bids from companies for setting up transmission infrastructure to evacuate power from renewable energy projects of 2,500 Megawatt capacity in Tamil Nadu and 2,000 Mw projects in Gujarat. The transmission system is to be set up for renewable...

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Tamil Nadu: State’s green energy obligation fixed at 21%

By : Sustainability ..., Nov 11, 2019

Tangedco’s renewable power obligation (percentage of renewable power in total power purchase) has been fixed at 21% for the financial year (2021-22) and of this, nearly 50% will be solar power. The TNERC in its latest order has said solar power must be 10.50% of the total...

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India’s solar, wind energy goal achievable? Govt tells how it will beat target, reveals roadmap

By : Sustainability ..., Oct 11, 2019

India will not only meet, but beat the seemingly impossible target of installing 175 gigawatts of renewable energy generation capacity by 2022-end, as the current work in progress leaves very little to be done to achieve the feet, according to the government. The Ministry of...

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World's largest fusion experiment empowers Indian manufacturing

By : Sustainability ..., Jul 29, 2019

The upcoming plasma-based world's largest reactor that aims to demonstrate that it is possible to produce commercial electricity from clean energy source fusion is empowering industry globally,...

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Rooftop Solar PV Market is Projected to Witness considerable Growth by 2024

By : Sustainability ..., Mar 28, 2019

Global Rooftop Solar PV market is expected to witness substantial growth over the forecast period on account of the increasing demand in residential and commercial segments. Minimum government...

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GE T&D India bags Rs 150 crore order for Rajasthan grid modernization

By : Sustainability ..., Mar 14, 2019

GE T&D India Ltd, part of GE’s grid solutions business in India, today announced it has bagged a Rs 150 crore order from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) for modernisation of...

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