A new economic viability analysis on Friday revealed that renewable energy along with battery storage in Tamil Nadu is cost competitive with new coal power plants. The report finds the levelized cost of energy for a hypothetical hybrid, solar, wind and li-ion battery storage system for the state to be Rs 4.97/kWh in 2021, which […]
TN signs 14 MoUs worth Rs 10000 cr, generate 7000 jobs
Tamil Nadu, as a frontrunner for investments in renewable energy, signed an MoU with JSW Renew Energy’s hybrid project for Rs 6,300 crore. MoUs with Aosheng & TPI Composites were also signed for renewable energy manufacturing. Tamil Nadu government on Monday signed 14 memoranda of understanding (MoUs) worth Rs 10,055 crore, aimed at creating an […]
Dollar Industries sets up 4MW solar power plant at TN unit
Chennai: Dollar Industries Ltd, one of the leading brands in the hosiery segment, has set up a 4MW solar power plant at its facility in Tamil Nadu, making it self- reliant and sustainable in power generation. Dollar Industries Ltd has invested Rs 18 crore in the solar plant, commissioned by Coimbatore-based Indway Power Energy […]
Centre’s nod to assess offshore wind energy in TN
The first offshore wind farm project in India would come up in Gujarat. It would be a 200 MW demonstration wind farm. CHENNAI: With Centre identifying Tamil Nadu as a potential destination for offshore wind farms, Chennai-based National Institute of Wind Energy (NIWE) has been given a go-ahead to install Laser Detection and Ranging (LiDAR) […]
Solar power scheme now open for TN small powerloom units
Coimbatore: Officials at the regional office of textile commissioner in the city said small powerloom weavers in the state could avail of subsidy for setting up solar-powered looms and also benefit from the solar power scheme as the sector has been included under the ‘net feed-in scheme’. M Balasubramanian, deputy director at the regional office […]