The Danish company and Japan’s Tokyo Electric Power Company Holdings (TEPCO) will make a joint bid for a project off Choshi city, near Tokyo, which could happen later this year TOKYO: Orsted, the world’s largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the […]
European politicians, CEOs, lawmakers urge green coronavirus recovery
As some EU countries move to ease the restrictions starting this week, the bloc is divided on how to finance economic recovery, with the ailing south advocating issuing joint debt against the opposition of the fiscally conservative north European politicians, CEOs, lawmakers and activists called on Tuesday for green investment to restart growth after the […]
Lockdown extension right move, adverse impact on EV sector in next 1-2 months: SMEV
Describing the situation as a testing time for the EV industry, SMEV Director General Sohinder Gill said it is also time for its members to conserve cash, take care of workmen and utilise this time to plan ahead New Delhi: Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday said extension of the lockdown is […]
MNRE: States & Ports Need to Locate Land for RE Manufacturing and Export Services Hubs
The MNRE secretary tweeted that ” All States and Ports requested to identify land parcels of 50 – 500 acres for setting up RE Manufacturing and Export Services Hubs”.
Azure Power reveals revenue guidance in the wake of coronavirus epidemic
Azure Power Global, a solar power producer in India, announced certain operational and financial updates – in the wake of coronavirus epidemic. Azure Power expects revenues of between INR 12,900 million – 13,000 million which is in line with guidance of INR 12,770 – 13,350 million and 1,808 MWs were operational, which is also in […]
Discom collections to be hit amid Lockdown: Ind-Ra
Ind-Ra expects payments to gencos remain uneven even after June 2020, based on the collection ability of the discoms. The overall situation could result in leverage increasing across the sector because of an increase in working capital borrowings Amid lockdown to contain coronavirus infection, bill collections of discoms would have a significant impact and their […]
Addressing climate change in a post-pandemic world
The coronavirus crisis holds profound lessons that can help us address climate change—if we make greater economic and environmental resiliency core to our planning for the recovery ahead. ferocious pandemic is sweeping the globe, threatening lives and livelihoods at an alarming rate. As infection and death rates continue to rise, resident movement is restricted, economic […]
Coronavirus Impact Cuts 23GW From WoodMac’s 2020 Global Solar Outlook
Early-stage utility-scale projects face unprecedented headwinds, but the global market could be set for a swift rebound. Wood Mackenzie slashed more than 20 gigawatts off its forecast for global solar deployments in 2020, as the impact of the coronavirus pandemic comes into sharper focus. Construction is slowing, tenders are postponed, and for earlier-stage projects, there […]
The Coronavirus Pandemic Could Give Business Leaders a Broader Mandate for Sustainability
As the world braces for what could be the worst of the coronavirus pandemic, we need to also think about how we come out the other end if this. It may be instinctive to return to the status quo ante as soon as possible. Compared to our current situation, it represents safety, health and prosperity, […]
States with highest growth in solar, wind capacity also those worst-hit by coronavirus
An ETEnergyworld analysis shows how the growth of the renewable energy capacity is at risk owing to the lockdown imposed across states New Delhi: India’s top 10 worst-hit states in terms of confirmed coronavirus cases also happen to be those which registered maximum addition of solar and wind energy generation capacity in 2019. There is […]