RAJASHTAN WIND PLANTS
Senegal opens West Africa's first big wind farm in push for renewables
With the wind farm, Senegal will get 30 per cent of its energy from renewable sources, which has been a goal of President Macky Sall.
Are states derailing the renewable energy drive in India?
Each state in India, in its unique way, is putting obstacles to the green energy sp...
Buffett touts wind energy following climate-change criticism
Companies are facing mounting pressure to detail their environmental impacts.
General Motors to wind down Australia, NZ operations, sell Thai plant to Great Wall
In rearranging its global operations, GM is accelerating its retreat from unprofitable markets, becoming more dependent on the United States, China, Latin America and South Korea. The changes will lead to cash and non-cash charges of $1.1 billion, as well as the loss of 1,500 jobs in Thailand and 828 in Australia and New Zealand, GM said.
Andhra Pradesh govt proposes to set up solar plants to produce 10,000 MW
The government has already issued an order for setting up the Andhra Pradesh Green Energy Corporation Limited, as a subsidiary of Power Generation Corporation of AP, to erect the 10,000 MW solar power plants.
India's annual coal power output falls for first time in a decade
While greater adoption of renewable energy contributed to lower output from coal-fired utilities, weak economic growth added to a slowdown in overall demand for electricity, economists say.
General Motors to lay off all 1,500 plant workers in Thailand after sale to China's Great Wall
GM said on Monday it would sell its two plants in the eastern industrial province of Rayong to China's Great Wall Motor. Its latest moves to retreat from Asia also included winding down its Australian and New Zealand operations. The plan is to lay off 1,000 employees in the auto parts manufacturing line in June, and then around 300 to 400 in the assembly line in October.
From wind power to cow manure: oil traders seek new profit recipe
The energy industry as a whole faces an existential threat from the shift to a lower carbon future and faces growing pressure from investors, governments, activists and financiers to find a sustainable business model. For oil trading houses, the challenge is more acute, as their profit margins have already shrunk due to a number of reasons.
Rajasthan: Discoms trip on payment to solar firms raises NPA fears
The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment has also led to developers stalling ongoing projects, resulting in job losses in the sector.
Andhra Pradesh: Electricity panel junks discoms’ bid to nix deal with pvt plants
The YS Jaganmohan Reddy government has been trying to scrap power purchase agreements (PPAs) made by the previous TDP government with renewable energy plants since it came into power.
TTD trust board puts on hold award of Rs 14 crore windmill O&M contract to Suzlon
Though a 10 MW project was proposed to be commissioned, only 6 number of windmills each of 1.25 MW, totalling 7.5 MW capacity could be commissioned by Suzlon, following roadblocks in getting the required land from the AP forest department.
Indonesia to issue feed-in tariffs to boost renewable energy sector
The feed-in tariffs will be divided into two stages. The first will offer renewable power plant developers a fixed electricity price for 12 years.
Canada's Brookfield gets OK to build Brazil solar power plants
The move underscores Brookfield's drive to expand its presence in Brazil's electricity sector, where it operates hydro power dams, wind farms and electricity transmission assets.
Railway land to be given for 500 MW solar power plants to meet its traction needs
The 500-MW solar power plants will be installed atop roofs of railway buildings through the PPP (public-private partnership) mode with 25-year agreements and used to meet the non-traction loads at railway stations.
ICRA expects Budget to focus on power discoms, RE and gas plants revival
Credit rating agency ICRA on Wednesday said it expects Union Budget for FY21 to continue focus on measures for power distribution network strengthening and renewables.
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