Sustainable plant-based bio-jet fuels could provide a competitive alternative to conventional petroleum fuels if current development and scale-up initiatives continue to push ahead successfully, scientists say. With an estimated daily fuel demand of more than five million barrels per day, the global aviation sector is incredibly energy-intensive and almost entirely reliant on petroleum-based fuels. Unlike […]
ADB to invest USD 50 mn in solar project developer Avaada
Asian Development Bank (ADB) Tuesday said it has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will come equally from ADB’s Ordinary Capital Resources and Leading Asia’s Private Infrastructure Fund (LEAP). LEAP is a funding arrangement provided […]
Solar power used to create hydrogen fuel from seawater
Stanford scientists have devised a way to generate hydrogen fuel from seawater using solar power, an advance that may help pave the way for a novel sustainable source of energy. The findings, published in the journal Proceedings of the National Academy of Sciences, demonstrate a new way of separating hydrogen and oxygen gas from salt […]
GE T&D wins Rs 150 cr order in Rajasthan
GE T&D India on Wednesday said it has bagged an order worth USD 21 million (Rs 150 crore) from Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPL) to modernise transmission grid network in Rajasthan. The grid modernisation project by RRVPL is part of a roadmap to implement grid initiatives and augment renewable energy in the state, […]
Solar Finance and Role Of NBFCs In India By FCS Shweta Gupta
NBFCs Do Matter! The Non-Banking Financial Companies (NBFCs) are playing a pivotal role in India’s growth story in recent years. With RBI relaxing the norms for NBFCs, there has been a spate of registrations. The financial needs of such a huge population are hardly catered to by a limited number of Banks and sensing this […]
Environment Minister releases publication depicting steps taken by India to combat climate change
The Centre Tuesday released a publication titled ‘India – Spearheading Climate Solutions’ highlighting actions taken by the country to combat climate change. The coffee table book was released by Union Environment Minister Harsh Vardhan who said India has accomplished its ambitious targets to combat climate change. He said the initiatives captured in this publication are […]
Siemens Gamesa bags 567 MW wind turbine order from ReNew Power
Wind turbine major Siemens Gamesa Renewable Energy on Thursday said it has bagged a new order for 567 MW from ReNew Power, an independent power producer. A statement issued here said the scope of order includes supply of 270 units, out of which 127 units of SG 2.1-122 wind turbines will be installed at Bhuj, […]
