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More green energy shrinks transmission projects’ timeline

According to reports, in less than a year, the country’s renewable energy capacity has grown 29 per cent, to 50 gigawatt (Gw). Expansion here and the focus on developing wind and solar power is also shrinking the time frame to set up related transmission networks. At present, thermal power contributes 69 per cent to India’s total installed capacity.  As the country planned capacity additions in the thermal and hydropower segment, it also allowed transmission companies a longer time frame. This ... Read More »

SMC wins seven national awards for water supply, renewable energy

According to reports, it’s raining awards for the Surat Municipal Corporation (SMC) for water supply system, promotion of renewable energy and smart grids in India. For the first time, the civic body will be receiving around seven awards from the government of India for efficient water supply system and the smart use of renewable energy including smart grid and rooftop solar power plants. Official sources said that the four most prestigious awards have come from the Construction Industry Development Council ... Read More »

Aditya Birla Group, Lotus Renewables to launch $100m clean energy fund

According to reports, Aditya Birla Group along with Lotus Renewables is set to launch a $100 million Global Clean Energy Fund targeted at developing countries in Asia, including India, as well as Australia. “Currently we are looking Asia and Australia as a market to start with . We have identified markets like India , Srilanka , Australia , Indonesia , Thailand , Philippines , Vietnam etc,” K Gowri Shankar, Director, Lotus Renewables told DEALSTREETASIA. The Global Clean Energy Fund, which will be managed ... Read More »

Bangalore-based energy start-ups shine in Shell’s Accelerator India 2017

According to reports, Bengaluru-based start-ups feature prominently in Shell’s #makethefuture Accelerator India 2017. Carbon Masters India (Bangalore), Graviky Labs (Bangalore) and Smart Joules (New Delhi) are the top three shortlisted finalists. The national level competition received over 50 bright energy start-ups and they were were evaluated by a jury comprising senior leaders from Shell on parameters such as innovation, sustainability, disruptive nature of entry and impact to India. The shortlisted finalists are: Carbon Masters India (Bangalore) – Builds a lower ... Read More »

Exploring Acquisitions in Renewable Energy : Tata Power

According to reports, with an installed capacity of over 10,500 MW, a non fossil fuel capacity of 3,060 MW and an aim to increase capacity up to 20,000 MW by 2025, Tata Power Limited, the country’s leading Independent Power Producer has a lot on its plate. After its several acquisitions, including the renewable portfolio of Welspun, it continues to hunt within and outside the country for business opportunities. In an interaction with BusinessLine, Anil Sardana, MD & CEO, Tata Power ... Read More »

Renewable energy mission needs a robust grid network

According to reports, air pollution in Delhi and metropolitan cities of India has dominated much of the recent conversation in the judiciary, government and media. Half of the world’s 20 most polluted cities, according to World Health Organization, are in India and these cities are immensely contributing to climate change. On 2 October 2016, India ratified the Paris climate agreement, officially emphasizing its commitment to reduce greenhouse gas emissions. Nonetheless, just two years after embarking on the grand campaign to ... Read More »

For whom the bell tolls?

According to reports, as renewable energy prices drop and investors show more than curiosity, conventional sources may take a hit, says M Ramesh  Never have two sit-up-and-take-notice events happened in rapid succession as in the Indian renewable energy sector in the February of 2017. Solar prices at ₹3.29 (averaged over 25 years) and wind at ₹3.46 a kWhr have been events of such signal importance that they practically eclipsed another development in the sector—that of the government allocating a whopping ... Read More »

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