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COVID-19: Siemens Gamesa shuts factories in India

By : Sustainability ..., Mar 27, 2020

Siemens Gamesa has closed manufacturing plants in India in response to a three-week government-enforced lockdown across the country to curtail the spread of coronavirus. Blade manufacturing in Nellore and Halol, in Andra Pradesh and Gujarat, respectively, are affected, the...

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Kerala Commission Approves Rs 2.83/kWh Tariff for 200 MW Wind Power

By : Sustainability ..., Feb 27, 2020

In its latest order, the Kerala State Electricity Regulatory Commission (KSERC) has approved the Power Supply Agreement (PSA) between the Kerala State Electricity Board (KSEB) and the Solar Energy Corporation of India (SECI) for the procurement of 200 MW wind power at a...

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Government Proposes 50 GW Energy Parks To Boost Cleantech Ecosystem

By : Sustainability ..., Feb 17, 2020

The Indian government may soon set up ultramega renewable energy parks of a total of 50 gigawatts in Gujarat and Rajasthan to set up solar, wind and wind hybrid power plants. The proposal, considered the world’s largest renewable energy investment programme, is being welcomed...

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Railway gives push to green energy projects

By : Sustainability ..., Jan 2, 2020

The Railways is accelerating its efforts to install and use renewable energy as part of its objective to reduce carbon footprint and reduce its power costs. It aims to source about 1,000 MW of solar power and about 200 MW of wind power by 2021-22. Currently, it consumes 200...

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Adani to sell 25.1% in Mumbai power distribution biz to Qatar Investment Authority

By : Sustainability ..., Dec 12, 2019

Adani Transmission Ltd on Wednesday said it will sell 25.1% stake in its arm Adani Electricity Mumbai Ltd (AEML) to Qatar Investment Authority for around ₹3,200 crore. "Adani Transmission Ltd (ATL), Adani Electricity Mumbai Ltd (AEML) and a subsidiary of Qatar Investment...

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Renewable energy producers struggle to stay afloat

By : Sustainability ..., Nov 6, 2019

Independent power producers (IPPs) in renewable energy sector in the state are struggling to stay afloat as the government has delayed clearing their dues for months, even as they wait for a direction from the Andhra Pradesh Electricity Regulatory Commission (APERC) on...

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OPIC has invested $350 million in renewable sources in India: US State Department

By : Sustainability ..., Nov 5, 2019

Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has invested $350 million in six new solar and wind-power generation facilities in India, the US Department of State said on Sunday. "OPIC invested $350 million (Rs 2,480...

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Andhra Pradesh: Bad weather hits supply of renewable energy

By : Sustainability ..., Oct 1, 2019

Energy secretary Dr N Srikanth on Monday said power shortage in the state was not due to non-purchase of solar and wind power. He said solar and wind plants could not operate at optimum level due to inclement weather. In a statement, the energy secretary said they got a...

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Hero Future Energies reorganises business to make overseas foray

By : Sustainability ..., Sep 30, 2019

Hero Future Energies has reorganised its business to expand its portfolio abroad and access cheaper funding. Hero Future Energies (HFE) Global, registered in London since 2016, will control the India business through a Singapore entity and spearhead the global plans. The...

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Ind-Ra maintains stable sector outlook for wind and solar power sectors

By : Sustainability ..., Sep 20, 2019

India Ratings & Research (Ind-Ra), a Fitch Group company, maintained a stable outlook for wind and solar power sectors for the remaining part of financial year 2019-20 (FY20). "The stable outlook emanates from likely in-line operational and financial performance of...

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