ADB to provide $563-million loan to improve electricity supply in Uttar Pradesh, Meghalaya
Uttar Pradesh will get $430 million to upgrade distribution lines in rural areas and construct a parallel network of 11-kilovolt feeders spanning 17,000 km to separate electricity distribution between residential and agriculture consumers. The $132.8-million loan approved for Meghalaya will be used for the installation and upgradation of substations, distribution lines, etc.
SECI tweaks 100 MW solar-plus-storage Chhattisgarh tender
The Solar Energy Corporation of India has issued amendments to the procurement and extended the bidding deadline a second time.
Another bidding extension for off-grid solar and storage project in Himalayas
The Solar Energy Corporation of India has extended the bidding for its off-grid solar and storage project in Himalayas. The revised deadline is now December 21.
India, Sweden to fund joint R&D in smart grids
India’s Department of Science & Technology and the Swedish Energy Agency have launched a collaborative funding program for Indian and Swedish companies that aim to jointly develop new technologies, services and processes in the area of smart grids.
Singapore’s Blueleaf launches in India with the acquisition of commercial solar developer Vibrant Energy
The pan-Asian renewable energy development platform, owned by Australian investment bank Macquarie’s Green Investment Group (GIG), has acquired a majority stake in Hyderabad-based commercial solar developer Vibrant Energy.
India ranked the world’s most attractive solar PV market by Ernst & Young
The nation has earned the highest score of 62.7 in terms of attractiveness for solar PV investment and deployment in the latest ranking of top 40 countries by Ernst & Young.
The future of cars is electric – but how soon is this future?
According to a new report by BloombergNEF, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.
Exide Industries increases stake in lithium battery JV with Leclanché
With an additional investment of INR 33.17 crore, Exide Industries’ shareholding in the joint venture company has increased by 2.28% to 80.15% of the paid-up equity share capital.
Prime Minister Narendra Modi to inaugurate RE-Invest 2020 tomorrow
The three-day event will connect the global investment community with Indian renewable energy stakeholders. It is expected to be attended by over 75 international ministerial delegations, over 1000 global industry leaders, and 50,000 delegates.
India and Israel to work together on perovskite solar cells and lithium sulfur batteries
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
