LONDON: Global efforts to minimise the economic fallout from the coronavirus pandemic present an historic opportunity to scale up the technologies needed to speed a transition to cleaner energy, the head of the world’s energy watchdog says. Fatih Birol, executive director of the International Energy Agency (IEA), said support from governments could drive rapid growth […]
Nearly half of global coal plants will be unprofitable this year -Carbon Tracker
China and other countries could be planning to build more coal plants to stimulate their economies in the wake of the novel coronavirus pandemic but nearly half of global coal plants will run at a loss this year, research showed on Wednesday. China has over 1,000 gigawatts (GW) of coal-fired power, accounting for about 60% […]
China Three Gorges Plans $3.5 Billion IPO of Renewables Unit
State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year. The company plans to sell as many as 8.57 billion shares in Shanghai, according to a prospectus posted on the website of the China Securities […]
The Virus Is Bending Most Markets. Will Renewable Energy Break?
Markets of every sort, in every part of the world, are responding to the shock of Covid-19. Almost nothing is left untouched, whether it’s consumer-facing, business-to-business, a luxury, or a commodity. Looking across a number of markets this week, there are two states: bending and breaking. Here’s a bending market: U.S. aviation. On March 6, […]
Guidelines to major ports
PE-VC companies invest $5.9 billion across 164 deals in the Q4FY20
The latest quarter witnessed 14 PE-VC investments worth $100 million or more, down from the 20 such transactions in the same period last year Privatee equity-venture capital (PE-VC) firms invested $5.9 billion across 164 deals in the quarter ended March 2020, 36 per cent lower than the $9.2 billion across 249 transactions during the same […]
Corona (COVID-19) Prevention Guidelines for Discoms
Corona (COVID-19) Prevention Guidelines for Discoms For more information please see below link:
Power Demand Coming Back in China After Unprecedented Drop During COVID-19 Lockdown
“Home Isolation” Surge Partly Compensated for Big Industrial Decline The first nation to implement a COVID-19 lockdown, China has experienced an unprecedented power demand drop during the first two months of the year as a result of the stagnation of industrial and commercial activities. Electricity consumption declined 7.8% year on year during January and February, […]
Coronavirus pandemic: Maharashtra govt announces 8 per cent cut in electricity tariff for 5 years
The Maharashtra Electricity Regulatory Commission (MERC) has approved a move to cut tariffs by an average of 7-8 per cent as part of the move, which is first such measure in the past 10-15 years, an official statement said MUMBAI: The Maharashtra government on Monday announced an average of 8 per cent electricity tariff cut […]