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    We enjoy significant presence in our markets: Devansh Jain, Director, Inox Winds

    According to reports, in an interview with ET Now, Devansh Jain, Inox Winds, shares his views on markets. Excerpts: ET Now: It is really heartening to know that an alternative power company is being received so well. A lot of people talk about how this is a green sector and companies in this space will do well. However, too many people substantiate with numbers. Give us a sense of where does Inox lie in the overall scheme of things. How ... Read More »

    Sterling and Wilson commissions 30 MW solar PV plant for SunEdison in MP

    According to reports, Sterling and Wilson has commissioned SunEdison’s 30 MW Solar PV Power Plant in Sitamau, Mandsaur district in Madhya Pradesh. This is part of the 50 MW solar plant inaugurated by SunEdison on Tuesday. The solar PV plant set up by Sterling and Wilson has deployed the tracker system technology for SunEdison. SunEdison was awarded the contract under Phase 2 Batch 1 of the Jawaharlal Nehru National Solar Mission under the Domestic Content Requirement (DCR) Category. Bikesh Ogra, ... Read More »

    Green Energy Corridor to avert Massive Loss in Transmission

    According to reports, one major issue plaguing the Renewable Energy (RE) companies is wastage of billions of units of power during transmission from generator to grid. In 2014-2015, 3.1 billion units went to waste, when it could have supplied power to a state for days. This should end, if the 175 GW as envisioned by the government is to materialise, say experts. The issue of transmission loss was raised at the 14th Green Power Summit organised by the Confederation of ... Read More »

    Tamil Nadu offers subsidy to boost roof top solar units

    According to reports, the Tamil Nadu Government would like installation of roof top solar plants to become a people’s movement, as had happened with rain water harvesting in the State. The State offers a subsidy of ₹20,000 to install roof top solar units. This is in addition to the 30 per cent subsidy offered by the Centre. It would cost ₹46,000 to set up a 1 kW solar roof top unit. However, the annual saving in electricity charges would be ... Read More »

    Tamil Nadu to sign PPA for 2,000 MW of solar energy: Minister

    According to reports, cashing in on growing significance of solar power, Tamil Nadu government will soon sign a power purchase agreement (PPA) for 2,000 MW, of which 1,000 MW of solar power has already been inked, State Electricity Minister ‘Natham’ R Viswanathan today said. “The government will sign a new PPA for 2,000 MW. Of this, 1,000 MW has already been signed and another 1,000 MW will be signed by the end of this month”, he said at the 14th ... Read More »

    National Clean Energy fund reaches Rs 17,000 cr mark, but not much allocated to renewable energy sector: experts

    According to reports, while the National Clean Energy Fund (NCEF) has crossed Rs 17,000 crore, not much has been allocated to the Renewable Energy sector, says industry expert. In his address at Confederation of Indian Industry (CII’s) Green Power 2015, Ramesh Kymal, chairman, Renewable Energy Council – CII – Godrej GBC and Chairman and Managing Director, Gamesa India said that after raising the coal cess to Rs 200 per tonne NCEF has crossed Rs 17,000 crore. “But not much has ... Read More »

    Two global renewable energy majors join hands

    According to reports, two global renewable energy majors — the American renewable energy producer, SunEdison, and the Spanish wind turbine manufacturer, Gamesa — today announced that they have formed an equal joint venture that will develop 1,000 MW of wind energy plants globally by 2018. Gamesa will supply the wind turbines and be responsible for operation and maintenance of the machines. Gamesa “may also” provide engineering, procurement and construction services for the project, says a press release from SunEdison. While ... Read More »

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