Promonique
Promonique

Producing zero-carbon electricity through biomass

There is still a long way to go for the country to reach its target of 5–10 percent co-firing in all plants. In order to reduce stubble burning and to…

India’s energy Outlook 2022: a promising future

Looking ahead, India is already making strides toward its goal of decarbonisation and energy independence. India ranks sixth in the list of countries to make significant investments in clean energy.…

ICRA-monitored wind portfolio declines in PLFs in FY-2021

The credit profile of wind IPPs in FY2021 remained largely stable supported by cash flow buffer, funding support from stronger parent and available liquidity. The power generation performance of the…

Union Budget 2021-22 has major focus on energy transition with clean energy

 The union budget 2021 has brought humungous hopes for uplifting the power and energy sector. Industry leaders also welcome government’s push to help ailing DISCOMs. Today, Union Finance Minister Nirmala…

A new range of circuit breakers : ABB India

The complete Formula DIN range of circuit breakers are designed and developed under the ‘Make In India’ program for all types of residential and commercial buildings. ABB India has launched…

Renewable power making more space in Energy market

Long term wind and solar prices are going down all the time – solar prices dipped to a wonder ₹1.99 a kWhr last month – but there is another market…

Chandigarh pushes for Resco model for solar power projects

The UT administration has given its approval to Chandigarh Renewable Energy and Science and Technology Promotion Society (Crest) to move Joint Electricity Regulatory Commission (JERC) for Resco(Renewable Energy Service Company)…

Floating solar project to begin in MP by 2023

The world’s largest floating 600 MW solar energy project to be constructed at Omkareshwar dam on Narmada river in Khandwa district of Madhya Pradesh will begin power generation by year…

Long-term fiscal support : RE industry demands

The renewableenergy industry has a string of expectations from the government in this year’s Budget ranging from long-term financial support announcements to better clarity on tariff and non-tariff concessions. According to…

Tata Power and SIDBI to finance MSMEs solar rooftop project

Tata Power on Tuesday announced a partnership with Small Industries Bank of India (SIDBI) to provide affordable financing scheme for MSME customers in the rooftop solar segment. The scheme will…

Spot power price falls from 3 per cent to ₹ 2.83 per-unit

Average spot powerprice fell 3 per cent year-on-year to Rs 2.83 per unit in December 2020, compared to the year-ago month, the Indian Energy Exchange (IEX) said Tuesday. With trading…

First 5kW bio-gas generating plant in Bihar

TP Renewable Microgrid (TPRMG), a wholly subsidiary of Tata Power, today announced that it had inaugurated its first 5kW Bio-gas generating plant at Kamalpura (Basaitha) village in Muzaffarpur district of…

Renewable expansion in India calls for policy framework change: MNRE

India’s ambitious renewable energy targets will come with their own challenges such as solar waste, and will need a policy framework to guide the industry, renewable energy secretary said. “Some new…

Madhyapradesh to increase investments in clean energy

Chief Minister, Shivraj Singh Chouhan, said on Friday that investment in renewable energy sector will be encouraged. Renewable energy accounts for 20 percent of the state’s total power generation and it will be extended…

Cut down in tariff inversely proportionate to efficiency of renewable energy

Power Minister R K Singh on Saturday said that increasing efficiencies in solar and wind energy modules have helped bring down clean energy tariffs. He also expressed hope that the clean…

With new growth come new challenges in renewable sector

India’s ambitious renewable energy targets will come with their own challenges such as solar waste, and will need a policy framework to guide the industry, renewable energy secretary said. “Some new challenges will crop…

Hitachi ABB Power Grids bags GCCIA contract for RelCare solution

Hitachi ABB Power Grids has launched a new reliability-based service solution, RelCare, which has been selected by Gulf Cooperation Council Interconnection Authority (GCCIA). GCCIA will become the first customer of…

ArcVera gets A2LA accreditation for wind turbine testing

ArcVera Renewables, an international provider of consulting and technical services for wind, solar, and storage projects, has received continued accreditation under recognized International Standard ISO/IEC 17025:2017 from the American Association…

IEX launches India’s first gas trading platform

Indian Energy Exchange announced the launch of Indian Gas Exchange (IGX), first nationwide online delivery-based gas trading platform. The platform is fully automated with web-based interface to provide seamless trading…

Stronger policies needed for cleantech SMEs: report

While India is on track to meet its ambitious clean energy targets, new-age clean technology start-ups and SMEs are expected to play an important role in helping the country achieve…

Microchip Technology, KIOXIA America complete 24G SAS endto-end storage interoperability testing

Microchip Technology and KIOXIA America, Inc. (formerly Toshiba Memory America, Inc.) announced the successful completion of the industry’s first 24G SAS end-to-end storage interoperability testing. Industry-standard 24G SAS infrastructure delivers…

Socomec’s new UPS bags ‘New Product Innovation’ award

With a track record in UPS innovation spanning 5 decades, Socomec’s latest release – a truly high power modular UPS, the MODULYS XL – has been recognised with Frost &…

India’ Yulu secures ` 30 Cr investment from US

Yulu, India’s EV micro-mobility service provider, announced a fresh infusion of Rs 30 crore in equity funding led by the US-based VC firm Rocketship and existing investors. The new investment…

PM launches auction process of coal blocks for commercial mining

Prime Minister Narendra Modi recently launched the auction process of 41 coal blocks for commercial mining. It was part of the series of announcements made by the Government of India,…

Power infrastructure restored rapidly post Cyclone Amphan

Union Minister of Power R. K. Singh reviewed the progress of restoration of power systems post Cyclone Amphan in West Bengal and Odisha with Additional Chief Secretary Power, WB; Principal…

NTPC and ONGC to set up joint venture for RE business

NTPC Ltd., the PSU under Ministry of Power, and Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum & Natural Gas, have signed a Memorandum of…

DISCOMs may get speedy relief through Atmanirbhar Bharat Abhiyan

The Union Ministry of Power has written to all states/UTs extending `90,000 crore financial package to assist the stressed DISCOMs. “The package for the power sector will significantly reduce the…

Magenta Power successfully bagged the rooftop solar project in Bangalore, for HAL

Magenta Power, a pioneer in establishing Clean energy solutions in India, has successfully bagged the project for engineering procurement and construction of Rooftop Solar Power project for Hindustan Aeronautics Limited at…

Sterling and Wilson Solar signs largest order in Australia of AUD 525 million

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of…

World-leading solar parks kickstart India’s dynamic clean energy transition

The Indian government set itself a formidable target in 2016: Install a massive 175 gigawatts of renewable energy by the 2021/22 financial year and 275 gigawatts by FY2026/27 to transform…

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