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 […]
Best Power Equipments Installs more than 25 UPS of 3 KVA at reputed Hospitals in Delhi
India, New Delhi: While the deadly Coronavirus spreads around the world, there is a huge demand of Power Backup (UPS) amongst the healthcare industry. With hospitals making test benches for coronavirus testing, it is critical to support the Healthcare sector. Best Power Equipments (BPE), India’s leading power products manufacturing brand has joined hands with reputed […]
Report: Global wind power capacity to grow by 112% over next 10 years
Global market to rebound from coronavirus impact in the long-term Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie. This represents a growth of 112% in global installed capacity from the end of 2019 to the end of 2029. As noted […]
Europe Was at the Start of a Huge Solar Rebound. Does Coronavirus Threaten That?
Construction delays are manageable, supply-chain worries appear unfounded and low-risk solar investments may shine in an uncertain climate, experts say. Europe’s solar renaissance looks set to continue blossoming despite the impact of the coronavirus and falling power prices, experts and investors say. A combination of new competitive tenders and the increasingly favorable economics of solar […]
WoodMac: Distributed Storage Outlook Shrinks for 2020 Due to Coronavirus
Industry concerns have shifted from supply chain risk to executing projects and bringing in new business. Residential and commercial energy storage installations are taking a hit as the U.S. tackles the coronavirus pandemic. The behind-the-meter storage segment will install 31 percent less capacity in 2020 than previously forecast, according to a new analysis by research […]
Coronavirus Crushing Global Forecasts for Wind and Solar Power
Lockdowns and depreciating currencies are among the reasons Rystad: Global wind, solar growth may be wiped out this year It’s not just oil taking a hit from the coronavirus pandemic. Forecasts for clean energy are being pummeled, too. Reports Friday from Morgan Stanley, Wood Mackenzie and Rystad Energy project sharp cutbacks for wind, solar and […]
Greenko Group contributes Rs 10 Crores towards COVID-19 response to Relief Funds of GoI, GoTS and GoAP
As the world responds to the outbreak of COVID-19, our thoughts are with the people affected and the medical professionals working around the clock to help those most in need. At Greenko, we care deeply for our people and communities and wish to contribute in all ways possible to overcome this global challenge. As a […]
Abu Dhabi postpones Dhafra solar plant final bids announcement: WAM
The decision was taken in light of rules barring large group meetings due to the outbreak of the coronavirus, WAM reported. DUBAI: Abu Dhabi’s department of energy has postponed the announcement of the winning bids for developing a 1.5 gigawatt (GW) solar power plant in the Al Dhafra region, state news agency WAM reported late […]
Coronavirus pandemic | CERC defers real-time power market by 2 months till June 1
The real-time power market (RPM) enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery. Power regulator CERC has decided to defer the implementation of real-time power market till June 1 amid the coronavirus outbreak, a senior official said. Earlier, it was scheduled to kick in […]
RE projects to get extension due to lockdown
Shri Anand Kumar, the secretary MNRE ( Ministry of New & Renewable Energy) , has stated in a tweet that all Renewable Energy projects under implementation will be given extension of time considering period of lock down and time required for remobilisation of work force. Indian Prime Minsiter, announced a complete lockdown across the country […]