Peter van Mierlo says the Dutch development finance institution is in India for the long term and is unperturbed by the current slowdown, which he says is temporary in any case Dutch development finance institution FMO is in India for the long haul. Its chief executive Peter van Mierlo tells Abhijit Lele that the liquidity crunch and slowdown will […]
Yoma announces joint-venture with AC Energy on renewable energy projects
Yoma Strategic Holdings Ltd. today announced its decision to form a strategic partnership with AC Energy, Inc. the energy platform of major Philippine conglomerate Ayala Corporation, according to a press release. Yoma Strategic and AC Energy are looking to establish a 50:50 joint venture that will see AC Energy and Yoma Strategic working together to […]
Will set-up 1 GW of renewable energy projects with EDF in India: Patrick Pouyanne, CEO, Total
Pouyanne, speaking on the sidelines of India Energy Forum by CERAWeek, added that the firm is also exploring a partnership with Gautam Adani-led Adani Group for renewable energy projects New Delhi: France’s oil and gas firm, Total, and energy group, EDF, plan to develop one gigawatt (GW) of renewable energy projects in India through their […]
Centre should pay renewable energy producers in state, says AP minister
VIJAYAWADA: The central government should constitute a committee headed by the Union power secretary, along with the secretary to the ministry of new and renewable energy, the principal secretary finance and the secretary to the energy department of Andhra Pradesh government to find a “long-term” solution to the problem of paying the producers of renewable […]
Singapore-listed Yoma in tie-up with Ayala unit for renewable energy projects in Myanmar
SINGAPORE: Myanmar-focused Yoma Strategic Holdings said on Monday (Oct 14) it will form a strategic partnership with AC Energy, the energy platform of Philippine conglomerate Ayala Corporation. The two companies are looking to establish a 50:50 joint venture (JV) to scale up Yoma Micro Power (S) Pte Ltd (YMP) and to explore developing around 200 […]
MNRE refutes reports expressing doubt on India’s renewable energy target
‘India would achieve 1,75,000 MW target on time’ says Secretary, MNRE Reports have appeared ina section of media,citing a CRISIL report, that India may fall short of its declared renewable energy target of 1,75,000 MW by the year 2022. The Ministry of New & Renewable Energy has refuted such claims. Full text of Ministry’s rebuttal […]
Renewable Energy Capacity By 2022 To Exceed 175 GW Target, Says Government
The New and Renewable Energy Ministry denounced a Crisil report that stated the ministry may miss the renewable energy target by 42 percent, and asserted that the clean power capacity by 2022 will exceed the goal of 175 GW. The ministry termed the report as ill-founded, factually incorrect and lacking credibility, and pointed out that […]
Uruguay Electricity Utility Issues Tender for 65 MW of Solar Projects
Uruguay Electricity Utility Issues Tender for 65 MW of Solar Projects KEY TAKEAWAYS UTE has launched a new tender for 65 MW solar power plant in Uruguay The utility will supply solar panels and substation for the planned plant Project needs to be under construction in first quarter of 2020 Last date to submit bids […]
Lord Howe Island finds renewable energy solution with solar and battery storage
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced that Lord Howe Island will soon be powered by a solar and battery system that will reduce its reliance on diesel generation. A minimum 1.2 MW solar PV array and a battery system with over 3.2 MWh capacity will soon […]
Minister to ask states to uphold PPAs with green energy firms
Singh will emphasise at the meeting on October 11-12 in Gujarat that power purchase agreements have to be honoured, a senior government official told ET. Union power minister RK Singh will urge state governments to uphold the sanctity of contracts signed with renewable energy companies and speak about the impact of reneging from agreements when […]