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The company has won an order from Power Grid Corporation of India Limited to install 765 KV gas-insulated substation bays at Phagi in Jaipur district. With this installation, the state will be able to evacuate around 1 GW of additional renewable energy from three solar parks at Bhadla, Fatehpur and Bikaner to various beneficiaries.

Capacity additions for the current fiscal year are set to exceed the previous accounting period’s 8,532 MW. With Rs405 billion invested in clean energy in the last fiscal year, spending in the first nine months of 2019-20 has been estimated at Rs367 billion.

A 50% fall in the price of Lithium-ion battery packs—to $76/KWh from $156/KWh today—will make the capital cost of electric vehicles lower than combustion vehicles. However, to realise the full benefits of EVs, it is important to charge them with clean power and not fossil power.

The government of Suriname will use the amount for rural electrification through installation of solar-DG hybrid PV systems in 50 remote villages of the nation.

A new report from Hydrogen Council predicts that the cost of renewable hydrogen production will fall drastically by up to 60% over the coming decade due to the declining costs of renewable electricity generation and the scaling up of electrolyzer manufacturing. Thanks to its optimal renewable resources, Australia will be among the countries most favorably placed to contribute to the development of the hydrogen economy.

Under the order worth around Rs 1730 crore, the power transmission and distribution player’s latest supervisory control and data acquisition and advanced distribution management solution technology will help deliver 24×7 reliable power to the people of the twin cities of Jammu and Kashmir.

Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.

India’s largest private-sector thermal power producer—which ranked as the sixth largest solar player globally in 2019—will invest over 70% of its budgeted Capex for the energy vertical into clean energy and energy-efficient systems to fuel its transformation.

Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated Rs133,000 lakh from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.

The Mumbai-based solar EPC solutions provider has to its credit 9.2 GWp of solar power projects (commissioned and under construction) globally, including 3.05 GWp in the MENA region.