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    Dr Govind Bhagwatikar to head Sany Group’s renewable business in India

    According to reports, China’s construction equipment manufacturer Sany Group has appointed Dr Govind Bhagwatikar as Business Head for its renewable energy business unit in India. Last month, Sany signed the Green Energy Commitment with Prime Minister Narendra Modi towards development of 2,000 MW of renewable energy projects with investments of $3 billion (Rs 20,000 crores) for the period 2016-20. According to a company statement, Dr Bhagwatikar comes with a diverse experience of over 20 years in the grid connected wind ... Read More »

    By 2030, solar power to make up 18% of India energy generation

    According to reports, solar energy is expected to account for 18 per cent of total power generation capacity in India by 2030 from one per cent at present, playing a key role in the country’s efforts to achieving 40 per cent installed power capacity from renewable energy. In its recently-submitted Intended Nationally Determined Contributions (INDC) ahead of the crucial climate change conference in Paris from November 30 to December 11, India has committed to achieving 40 per cent cumulative electric ... Read More »

    Vestas Winds plans to build new blade factory in India

    According to reports, Vestas Wind Systems A/S, the biggest wind turbine maker, said it plans to build a new blade factory in India as it seeks to expand its presence in the Asian nation. The plan was included in the Danish manufacturer’s third-quarter earnings report on Thursday. Chief executive officer Anders Runevad said on a conference call with analysts that the plan is to build it next year at a cost of about €50 million ($54 million). “Once completed, the ... Read More »

    Renewable targets are ambitious but feasible

    According to reports, the National Democratic Alliance government has stressed the need to make the country energy efficient and has set stiff targets for 2022 in terms of green energy. Ratul Puri, chairman, Hindustan Powerprojects Pvt. Ltd, and programme co-chair of World Economic Forum’s (WEF) National Strategy Day on India, talks about the feasibility of these targets. He also discusses some of the key enablers that need to be discussed at the summit, which help in achieving the ambitious power ... Read More »

    Rays Power Experts to commission 5 MW solar plant at Charanka

    According to reports, solar solutions company Rays Power Experts on Wednesday said it has won turnkey EPC project to execute a 5 MW solar plant at Gujarat Solar Park, Charanka. Rays Experts bagged the Rs 28 cr project from SJVN Limited, a Mini Ratna company under Ministry of Power and a JV of the government of India and the government of Himachal Pradesh.The company will be responsible for Design, Engineering, Procurement & Supply, Erection, and Testing & Commissioning of this ... Read More »

    SunEdison wins NTPC bid with all-time-low unit tariff of ₹4.63

    According to reports, solar tariffs have dropped to an all-time low of ₹4.63 a kWhr. That was the price quoted by the winning bidder, SunEdison, in an e-auction by state-owned utility NTPC for 500 MW of solar power. SunEdison, a US renewable energy major, has won the entire 500 MW. The company will put up the plant in an NTPC-developed solar park in Andhra Pradesh’s Kurnool district. The tariff of ₹4.63 breaches the ₹5-mark for the first time. The previous ... Read More »

    France to help India in its Smart Cities programme

    According to reports, France has committed to provide over 2 billion euros for Smart city projects in India with a focus on Chandigarh, Nagpur and Puducherry. Also, there is an investment of another 200 million euros for the extension of Bangalore metro, said Francois Richier, ambassador of France in India. Speaking at a seminar on ‘Towards Smart and Sustainable Cities’ – organised by Ficci, embassy of France in India and the Ministry of Urban Development (MoUD) – here on Wednesday, ... Read More »

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