Knowledge & perspectives
Debt-laden Infrastructure Leasing & Financial Services (IL&FS) Monday said GAIL (India) has emerged as the highest bidder for its seven operating wind power plants. The…
Read insight — GAIL top bidder for IL&FS’s 7 operating wind power plantsPrivate power producer Tata Power will lead the nation’s renewable energy transition with gradual withdrawal from building new coal fired power plants, a report said.…
Read insight — Tata Power to focus on clean energy, won’t build new coal-fired plantsExisting market challenges for the stakeholders lead to the slow uptake of rooftop solar in the residential sector. For the consumers, high upfront cost, difficulty…
Read insight — Scaling Up Rooftop Solar in the Residential SectorCleanMax Solar, which provides renewable energy to companies, on Tuesday said that it has raised ₹275 crore in equity funding from UK Climate Investments LLP (UKCI).…
Read insight — UK Climate Investments invests ₹275 crore in CleanMax SolarThe Centre has introduced a financial incentive for states and tweaked its policy to address two major issues plaguing solar park developers — shortage of…
Read insight — Goverment incentivizes states under solar Park Scheme 2.0The domestic solar power capacity addition is expected to be nearly 7-7.5 GW (including around 1 GW of rooftop solar capacity) in FY2020, based on…
Read insight — Solar capacity addition of 7-7.5 GW likely this fiscalMalaysia’s state-run oil and gas company, Petroliam Nasional Bhd or Petronas on Monday said it has acquired Amplus Energy Solutions Pvt. Ltd, one of India’s…
Read insight — Petronas of Malyasia buys Amplus Energy in ₹2,700 crore dealSingapore-based AM International Holdings, the holding company of SPIC and Manali Petro, has announced its foray into renewable energy by setting up a floating solar…
Read insight — SPIC’s holding firm to set up floating solar power plantWind energy developers were surprisingly lukewarm to the auction of 1,200 MW of projects offered by the Solar Energy Corporation of India (SECI), with techno-commercial…
Read insight — SECI’s 1200 MW wind auction gets tepid responseIt also approved the pact with Cambodia for cooperation in communications. With Denmark, the Cabinet gave its approval for a cooperation agreement in renewable energy…
Read insight — Cabinet approves MoUs with five countries