Page 56 - Renewable Energy
Sterling and Wilson Solar secures Rs 930 crore order in Egypt
Sterling and Wilson Solar on Saturday said it has bagged an order worth Rs 930 crore in Egypt. It has signed an order worth USD 127.5 million (Rs 930 crore) in the Kom Ombo region of Egypt, a statement by Sterling and Wilson said. The order has been received from Saudi Arabia's leading renewable energy company and is scheduled to be commissioned by first quarter of 2022. Sterling and Wilson Solar has already executed five projects of over 322 MWp in Benban Solar Park in Egypt. Company's Director and Global CEO Bikesh Ogra said winning this project is an important milestone and further strengthens the focus in the Middle East and North Africa (MENA) region which has been a key market for Sterling and Wilson. Sterling and Wilson Solar, a Shapoorji Pallonji group company, is a global solar engineering, procurement and construction (EPC) solutions provider. The company also provides operations and maintenance (O&M) services, including for projects constructed by third parties and ...
 "Sterling and Wilson Solar secures Rs 930 crore order in Egypt")
AEML to bring additional 2000 mw power to Mumbai to plug outages, says CEO
AEML will increase renewable energy supply as part of Adani Group's commitment to lower carbon footprint, says Kandarp Patel.
 "AEML to bring additional 2000 mw power to Mumbai to plug outages, says CEO")
IND Renewable Energy net loss narrows to Rs 0.63 lakh in Dec quarter
IND Renewable Energy on Friday reported narrowing of its net loss to Rs 0.63 lakh in the December quarter.
 "IND Renewable Energy net loss narrows to Rs 0.63 lakh in Dec quarter")
India to be largest source of energy demand growth at $8.6 trn: IEA
India's growing energy needs will make it more reliant on fossil fuel imports as its domestic oil and gas production has been stagnant for years
 "India to be largest source of energy demand growth at $8.6 trn: IEA")
Best of BS Opinion: China's pursuit of global finance, ports biz & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: China's pursuit of global finance, ports biz & more")
Manufacturing plan for power and renewable energy equipment in works
The scheme titled 'Manufacturing Zones under Atmanirbhar Bharat Package' in the Budget would entail setting up three manufacturing zones in a year
 "Manufacturing plan for power and renewable energy equipment in works")
Adani wins 3 Gw in 5 projects at Andhra Solar auction, NTPC gets 600 Mw
Lowest bid discovered at Rs 2.47/unit for 6.4 Gw tender
Combating climate change
US must ensure that developed world does its bit
 "Combating climate change")
Tata Power Solar wins Rs 1,200 cr order from NTPC to set up 320 MW project
The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022
 "Tata Power Solar wins Rs 1,200 cr order from NTPC to set up 320 MW project")
A lot of hot air? Investors snap up hydrogen stocks in green frenzy
Share prices of companies in the industry have soared more than 500% in the past year
Hartek Solar commissions rooftop project at Panchkula hospital
Hartek Solar on Tuesday announced commissioning of a 50-kWp rooftop project at a hospital in Panchkula.
 "Hartek Solar commissions rooftop project at Panchkula hospital")
Fairer way to help developing economies
The proposed Green New Deal in the United States and the European Commission's European Green Deal have laudable environmental goals but are too inward-looking
Govt notifies modified scheme on ethanol production to assist distilleries
The government on Thursday notified a "modified" scheme to provide financial assistance to distilleries producing first-generation ethanol from feedstocks, including cereals.
 "Govt notifies modified scheme on ethanol production to assist distilleries")
Top stock broking firm Zerodha takes climate change fight to grass roots
What sets its dedicated fund apart is that it doesn't back large greenfield projects but offers grants to early-stage innovation in areas like renewable energy and sustainable farming
 "Top stock broking firm Zerodha takes climate change fight to grass roots")
Tata Power bags 110 MW solar power project worth Rs 488 cr from KSEB
The energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), valid for a period of 25 years from the date of scheduled commercial operation
 "Tata Power bags 110 MW solar power project worth Rs 488 cr from KSEB")
ITC aims to meet 100% of electrical energy needs from renewable sources
ITC has set itself the target to meet 100 per cent of purchased grid electricity requirements from renewable sources by 2030
 "ITC aims to meet 100% of electrical energy needs from renewable sources")
Best of BS Opinion: GST's high point, clarity on bitcoin, and more
Here's a selection of Business Standard opinion pieces for the day
Adani Green commissions 100-Mw solar project ahead of schedule
The project has a power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) at Rs 2.44/kWh (unit) for 25 years
 "Adani Green commissions 100-Mw solar project ahead of schedule")
Why the discoms may be pushing their luck too far on renewable power pacts
It has been a buyers market in clean energy so far. As consolidation happens, this could change in 2021
 "Why the discoms may be pushing their luck too far on renewable power pacts")
Going green: India to focus on hydrogen to meet zero-emissions target
Options include generating hydrogen from coal, biogas, and through electrolysis