India has its strengths in manufacturing and a strong supplier ecosystem to capitalize opportunity. However, the Indian manufacturers have to adopt best practices to eme reliable supplier base. Energy transition presents itself as an imminent big opportunity and India is in a sweet spot to capitalize from this opportunity strategically between Europe and China. Considering […]
Energy
Runda Commences Construction on 10GW TOPCon Cell Project in Jiangsu
On April 23, government officials and company representatives in Jianhu County, which is within the Chinese city of Yancheng, held a ceremony to mark the development of several local manufacturing projects. The event was attended by Qi Congfeng, the secretary of the county’s party committee; Chen Xia, the mayor of the county; Xu Gang, the […]
Biogas plants important alternative energy source helpful for local economy Himanta
Guwahati : Assam Chief Minister Himanta Biswa Sarma on Saturday described compressed biogas (CBG) plants as an important alternative energy source, as such units have a cascading impact on the local economy with the raw materials procured from nearby areas. He stressed on the need to focus on renewable and alternative energy sources to overcome […]
Gencos with high input cost allowed to sell power at up to Rs 50 per unit on energy exchanges
At present, there is a price ceiling of Rs 12 per unit in the day ahead market on the energy exchanges. Power generating companies that incur high variable costs due to fuel expenses and other charges will soon able to sell electricity at a price of up to Rs 50 per unit on energy exchanges. […]
Siemens Energy wind division set to be delisted in February
FRANKFURT : Siemens Gamesa SGREN.MC, the Spanish-listed wind turbine maker majority-owned by Germany’s Siemens Energy ENR1n.DE, is expected to be delisted in February after shareholders voted in favour of the previously announced move. More than 98% of shareholders approved the plan at Wednesday’s extraordinary general meeting, the company said. Siemens Energy last year launched a […]
Public Power Corp, RWE to build five solar farms in Greece
Greece’s biggest power utility Public Power Corp. (PPC) (DEHr.AT) and Germany’s RWE (RWEG.DE) have taken a final investment decision to build five solar farms in Greece, the two companies said on Thursday. The farms will cost 180 million euros ($196 million) and have a total capacity of about 200 megawatts (MW). They are expected to […]
Yellen welcomes South Africa’s energy transition, steers clear of Russia mention
PRETORIA : U.S. Treasury Secretary Janet Yellen on Thursday lauded South Africa’s “bold” participation in an energy transition partnership backed by the United States and other Western nations but steered clear of mentioning U.S. concerns about Pretoria’s planned military drills with China and Russia. Yellen spoke to reporters alongside South African Finance Minister Enoch Godongwana […]
Silos holding back the energy transition
When leaders of the G20 nations meet in Bali next week, it’s expected they will commit to the ‘Bali Compact’, a set of nine principles agreed in September by the G20 energy ministers. At its heart is a plan to accelerate the transition to renewable energy. Indonesia brings the theme of recover together, recover stronger […]