Ingeteam, headquartered in Spain, has opened a new facility in the vicinity of Chennai to satisfy the demand for wind power converters and control cabinets by both local and international original equipment manufacturers (OEMs) with operations in India. Located in the Tamil Nadu region, Ingeteam’s new 3,500 m² facility is Read more…
India has become the largest market globally for auction of new renewable energy generation projects and the second-largest destination attracting clean energy investments. These are the findings of the latest Climatescope 2018 report by Bloomberg NEF (BNEF). “India’s renewable auctions market is the largest in the world. Over 11 GW Read more…
Scope for India–Japan Cooperation in the RE Sphere The world is undergoing an energy transformation wherein a majority of the countries across the world are recognizing and accepting the need for such a change. This transformation is characterized by renewable energy sources with their promise of extending access to affordable, Read more…
On July 9, 2018, YES BANK launched YES SCALE: Cleantech Accelerator, as part of its multi-sector start-up accelerator YES SCALE (Smart City, Clean Tech, Agritech, Lifesciences Tech, Edu Tech). YES SCALE: Cleantech Accelerator will focus on scaling up startups working on energy efficiency, waste management, and water management—paving the way for a cleaner future. YES SCALE Read more…
India has witnessed increasing capacity additions in renewable energy (RE) with an installed capacity of close to 22 GW for solar and 34 GW for wind as on March 31, 2018. The achievement of the planned capacity shall have the country’s task cut out in terms of planning the transmission Read more…
The Union Cabinet has approved the National Mission on Transformative Mobility and Battery Storage. The Mission will finalize and implement strategies for transformative mobility and Phased Manufacturing Programmes (PMP) for electric vehicles, their components, and batteries. The Mission will finalize the details of PMP for Electric Vehicle ecosystem and drive Read more…
India is committed to increasing the share of renewable energy in its electricity generation mix. With the rapidly declining cost of power from large-scale wind and solar projects, the renewables’ share has risen from around 5 per cent in 2014–15 to over 9 per cent in 2018–19.1 By 2021–22, over Read more…
The Minister of State (I/C) for Power and New and Renewable Energy, Shri Raj Kumar Singh releasing the booklet “State Distribution Utilities – Sixth Annual Integrated Rating”, at the Conference of Power and New & Renewable Energy Ministers of States & UTs, in Shimla, Himachal Pradesh on July 03, 2018. Read more…
Energy advisory and certification body DNV GL has launched a new digital platform for renewable energy power purchase agreements. Instatrust is a global digital marketplace designed to be a one-stop-shop to connect corporations committed to buying clean energy with suppliers of wind and solar energy. On the web-based platform, recommended Read more…
The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to new data released by the International Renewable Energy Agency (IRENA) on April 2, 2019. The annual increase of 7.9% was bolstered by new additions from solar and wind energy, Read more…