Monthly Archives: March 2020

Coronavirus Crisis: Battery supplier MOLL files for insolvency

The Akkumulatorenfabrik MOLL GmbH + Co KG has announced that it is forced by current developments to apply for the opening of insolvency proceedings after 75 years of operation. The sudden, massive, and permanent decline in sales caused by the Corona crisis leaves no other choice, said the company in a statement. The battery supplier […]

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Tata Power starts commercial operations of 178 MW hydro power project in Georgia

Adjaristsqali Georgia LLC, a Joint Venture between Tata Power, Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) announced the start of commercial operation of the 178 MW Shuakhevi Hydro Power Project (HPP) located in southwest Georgia. Further, AGL will be soon commissioning  the 9 MW Skhalta Hydro Power project which is also a […]

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COVID19 lockdown to impact electricity demand and discoms: Report

The nationwide lockdown is set to dent electricity demand by a fourth as economic activity sputters to a grinding halt, analysts from ICRA in a report said. They warned that this will impact discoms and power generating companies alike. Signs of the same are already visible, with domestic brokerage Emkay saying power demand declined by 22 […]

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MNRE brings scheme for solarization of Sun-temple town Modhera in Gujarat

The Ministry of New and Renewable Energy (MNRE) has announced Scheme for Solarisation of sun-temple town of Modhera, District — Mehsana, Guiarat . The scheme aims at 100 per cent solarization of Modhera. The electricity demand of the household for domestic and agricultural purpose has been planned ot be fulfilled with solar energy under the […]

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Clean Energy Projects Get Huge Relief Amidst COVID 19: Dhir & Dhir Associates

The Indian solar industry is heavily dependent on imports for meeting its requirement of the solar modules and solar cells of which around 80 percent is sourced from a single country i.e. China and the remaining 15 percent is sourced from South-east Asian countries like Malaysia, Vietnam, Taiwan, Thailand, and South Korea.   The spread of […]

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MNRE operating though e-office from home amid coronavirus lockdown

The MNRE has been working through e-office from home amid the coronavirus lockdown imposed as a precaution to combat the spread of COVID-19 in the country. Besides the movement of files and notings online, review meetings are also taking place through video conferencing. “RK Singh, Minister for New and Renewable Energy, also took review meetings […]

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Renewable Energy ministry asks states to ensure movement of material and engineers

The Ministry of New and Renewable Energy (MNRE) asked the states to ensure movement of material and engineers for zero disruption in renewable energy generation. The MNRE in a notification noted “Power generation (including renewable power generation) is an essential service for securing smooth and uninterrupted power flow across and within states .” The ministry […]

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COVID 19: Renewable Energy projects to get extension of time says MNRE Sec.

Renewable Energy projects under implementation will be given extension of time considering period of lockdown and time required for re-mobilisation of work force, Ministry of New and Renewable Energy (MNRE) Secretary Anand Kumar said. Kumar made the announcement through a tweet following Prime Minsiter Narendra Modi’s announcement for a complete lockdown across the country for […]

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Four policies including renewables, hydropower approved to boost industrial growth in J&K

The Jammu and Kashmir Administrative Council, headed by Lt Governor G C Murmu recently approved four policies for tourism, captive power, hydro power and renewable energy, and AYUSH care. The Administrative Council’s decision comes in the backdrop of Global Investors Summit scheduled to be held later in the year to attract investments in the union […]

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Coronavirus will cause global wind additions in 2020 to decline by 4.9GW: WoodMac

Research firm Wood Mackenzie in its new report notes that the coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to our previous projections. Due to other market changes since our Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.  The impact of the coronavirus is […]

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