With South Asia over 75 GW of excess fossil fuel capacity, a new report released by the Centre for Research on Energy and Clean Air (CREA) and TransitionZero looks at electricity demand and supply in key countries — India, Bangladesh, Pakistan, and Sri Lanka. New Delhi : With South Asia having over 75 GW of […]
Adoption of hybrid energy sources key to meet 2050 carbon emission goals: GE South Asia CTO – EQ Mag Pro
“As we progress to meet our 2050 goal of carbon neutrality and zero carbon emission, we have to think of hybrid energy sources,” Alok Nanda, CEO, GE India Technology Centre & CTO, GE South Asia said in a virtual address at the 17th Edition of India Innovation Summit. Adoption of hybrid energy sources worldwide can […]
NREL Study Shows a Bright Future For Energy Storage in South Asia – EQ Mag Pro
NREL Performed a First-of-Its-Kind Assessment of Opportunities for Grid-Scale Energy Storage in South Asia Over the Next Three Decades By 2022, India’s wind and solar power generation capacity is targeted to reach 175 gigawatts (GW). Beyond next year’s target, the Indian government is planning to continue rapidly scaling clean energy markets over the next several […]
Energy Storage in South Asia: Understanding the Role of Grid Connected Energy Storage in South Asia’s Power Sector Transformation – EQ Mag Pro
Energy Storage in South Asia: Understanding the Role of Grid Connected Energy Storage in South Asia’s Power Sector Transformation. For more information please see below link:
CDC GROUP Invests 250 Crore into FOURTH PARTNER ENERGY
Capital from CDC Group (“CDC”) will be in the form of Non-Convertible Debentures (NCDs) and will be utilised by Fourth Partner Energy for expanding its solar portfolio Marks CDC’s foray into India’s Commercial & Industrial (C&I) solar segment and Fourth Partner Energy’s first major round of fund-raising in 2021 CDC Group, the UK’s development finance […]
ADB gives $ 346 mn loan for power sector in rural Maharashtra
The loan will support the state government’s high voltage distribution system (HVDS) program for new grid-connected rural agricultural customers across the state, said the Manila-headquartered multi-lateral funding agency New Delhi: The Asian Development Bank (ADB) on Wednesday said it has approved a USD 346 million (around Rs 2,616 crore) loan to Indian government to provide […]
Mahesh Palashikar appointed President & CEO of GE South Asia
The company announced the retirement of Vishal Wanchoo as President and CEO of GE South Asia from June 1, 2020, a press statement by GE said. New Delhi : US industrial conglomerate GE on Tuesday announced appointment of Mahesh Palashikar as President & CEO of GE South Asia effective February 1, 2020, with responsibility for […]
Appointment of Deepak Malhotra as a Director on Azure Power Global’s Board
Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that Deepak Malhotra, Director, Infrastructure, South Asia at Caisse de dépôt et placement du Québec (CDPQ), was appointed to its Board of Directors, taking CDPQ’s total number of board seats to two. CDPQ, a long-term institutional investor that manages funds primarily for public […]
GE appoints Prashant Jain to lead GE Steam Power in South Asia
GE on Friday announced appointment of Prashant Jain to lead the global conglomerate’s steam power business in South Asia. Prashant will officially assume the role of Regional General Manager GE Steam Power South Asia and Managing Director GE Power India on April 17, 2019, a company statement said. He joins GE from Siemens where he […]
German help for South Asia’s biggest floating solar power plant in West Bengal
KOLKATA: Bengal is set to get South Asia’s biggest floating solar power plant. The 500MW plant is likely to attract an investment of Rs 2,500 crore. Sources in power department indicated that Kangsabati river at Mukutmanipur could be the location for the project. If everything goes as per plans, it may also become the country’s […]