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Krannich Solar and Fimer Enter Into Strategic Partnership – Live Discussion, Join Now!

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Krannich Solar, one of the leading distributors for photovoltaics worldwide has signed a collaboration agreement with FIMER, the fourth largest solar inverter supplier in the world for the distribution of their inverters in Indian market. The alliance will strengthen the competitiveness through leveraging each other’s competencies and experience and ensure the most efficient and reliable deliveries to the customers.

As one of the top solar inverter suppliers in the world, FIMER has an extensive portfolio of string, central and legacy inverters. FIMER offers a wide range of single and three phase PV inverters ranging from 1.2 kW to 5 MW. FIMER is enriching the Krannich product range with high end energy solutions suitable for residential and commercial projects.

We are very pleased to start working together with FIMER” says Sandeep Banodiya, Sales Director of Krannich Solar India. “The inverters compliment our product range very well as they will offer our customers excellent quality and significant added value. With FIMER we will create a winning partnership in the India like other countries. With FIMER we have a partner that has built up an excellent reputation for quality and reliability.”

“We have a global partnership with Krannich and we would like to strengthen this further with our relationship in India”, says KN Sreevatsa, Country Head of FIMER in India. “Krannich has an excellent team and will be our national partner to enhance our presence in India. We shall offer our entire range of string inverters with our partnership which will help our customers with ease of doing business. We are excited to partner with Krannich in this new era of FIMER”.

Fimer is going to showcase its wide array of string inverters at 3pm on 3rd July, in the webinar. The company will also be discussing about the Fimer – Krannich partnership, join now: https://bit.ly/2CY82Xz

India EV & ESS Battery Show 2020: India’s Biggest & Most Advanced Battery Community Event To Showcase New Advances in Technology & Explore Cutting-Edge Solutions Across the Supply Chain for EV & ESS Market

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Indian Government’s Atma Nirbhar initiative has created many opportunities for Battery Makers in EV and Renewable Energy Portfolio. Today, EVs, Large Scale Solar + Storage, Hybrid, Industrial UPS backup systems are all powered by batteries. Keeping this in mind to secure the production against all potential supply-chain disruptions, the Government of India has made ambitious plans to indigenise cell and battery manufacturing. The likely economic opportunity from battery manufacturing to meet Indian EV targets is approximately INR 6 to 9 lakh crores by 2030 (NITI Aayog-RMI, 2018). This includes the imports of components to make battery packs and also limited cell production.  With a target of 50 GWh, the NITI Aayog plan is planning support the establishment of anywhere between three to ten giga-factories of 20 GWh to 5 GWh capacity each in the country, multiple state governments are also offering capital subsidies to deliver the infrastructural need for such giga-factories such as Gujarat, Telangana, Andhra Pradesh, Karnataka etc.
Estimating the India market to account for over 300GWh (2019-25) considering ESS & EV opportunities, around USD 5 billion investments are expected to be attracted supporting 50+GWh capacities for multiple li-ion battery GIGA factories. Battery accounts for 40% of the total cost of manufacturing of the electric vehicle,  Li-ion battery market in India is expected to increase from 2.9 GWh in 2018 to about 132 GWh by 2030, growing at a compound annual growth rate (CAGR) of 35.5%.  The Li-ion battery market in India is expected to increase to about 132 GWh by 2030. India imported $1.23 Bn worth lof Li-ion batteries between 2018 and 2019. Having said this the LIB and Battery Businesses still needs a clear roadmap to enable a large-scale techno-economical ecosystem aligned with Indian requirements which includes technology and business partnership and bilateral trade agreements with various countries
This conference will deliver insight into key business and technical challenges & discover commercial opportunities for battery manufacturers who can benefit  business. The conference will dive into key issues and trends affecting the advanced battery and EV/ ESS Industries. Hear from top level experts as they share their perspectives and insights on everything from the state of electrification, thermal management, recycling, and charging technologies.
The goal of this event  is to inform Battery Businesses & Stakeholders who would like to stay up to date on the constantly evolving landscape of India’s Dynamic EV & ESS Market and Plan A Winning Business Strategy. In this virtual event filled with technical sessions, panels, workshops, networking opportunities, live product demos, and more—all delivered through a state-of-the-art virtual platform. This event brings together manufacturers, engineers, and purchasers interested in battery technology topics like thermal management, enhanced efficiency, and increasing safety, also tackles relevant issues like next-generation battery development that can reduce manufacturing costs and OEM technology strategies for battery design.

India Wind Energy Forum 2020

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Building on its success and recognition, 10th Edition Of India Wind Energy Forum 2020 consists of a conference with exclusive keynotes, panel discussions, Case studies & wind exhibition with the presence of key decision makers and global stakeholders of the wind sector. We meet this year virtually to drive the growth of India’s wind energy market.

In this conference we will discuss the latest advancements in turbine technology, understand key global engineering & manufacturing trends, focus on technology evaluation of latest digital software, IT Systems used in smartwind Farms, discover advanced practices of Wind Farm optimization & best post covid supply chain practices. In this event we will also have a special focus on latest Wind Project model innovations encompassing Wind+Energy Storage, Offshore & Other emerging models.

Let’s also take a closer look at upgradation of existing wind farms, which technologies should be used in low and ultra low wind project conditions in India and how India will eventually emerge as strategic export Hub.

PV ModuleTech India 2020

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PV ModuleTech is back in India as a virtual attendance” for all stakeholders. The agenda sessions and topics will focus on the key issues today in terms of module technology, quality, and reliability – specific to large-scale & small scale module purchasing trends and buying patterns. Module technology offerings are changing at a rapid pace, with HJT, bifacial, half-cut cells, shingled arrangements, MONO PERC  all of them now appearing on reliability and bankability listings for site investors. The PV module technology landscape has an unavoidable feature in 2020: bigger modules with higher power output, but do bigger modules based on standard cell technologies really deliver?
Every time there is a push to introduce performance-enhancing manufacturing variants or process flow changes in the PV industry, there is an understandable degree of hype, and announcements that may never materialize. Hence it is important for developers and epc’s to differentiate R&D, investment hype, and real mass production in the early stages. Therefore, it is key to understand where the real action is, especially where new state-of-the-art production lines are being run at high utilization rates (>95%), with industry-leading efficiency/power and cost metrics.
In this conference we will discuss the most relevant decision making criteria, understand key global module trends, focus on technology evaluation of big power modules, discover new pricing trends & best post covid supply chain practices. A special focus in this event will be to deliver  Engaging Discussions, Raging Debates, Focussed Knowledge Sharing  on domestic manufacturing, supply chain, global competitiveness of Indian brands & manufacturing infrastructure. This event is a must attend for module buyers/users/stakeholders/ suppliers to fully understand the supply landscape of Indian PV Module Industry.
Let’s also take a closer look at  new materials & manufacturing techniques used in module assembly that are coming to the market resulting in lower costs, higher reliability, and other key benefits. The event will enable the companies to select the most suitable modules for their business to grow and flourish and provide a bird’s eye-view of the recent technology trends in the solar module industry while engaging the attendees  with references to practical solutions & ideas.

Masterclass on Offshore Wind Projects: Design, Engineering & Construction

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Why Attend This Masterclass?

Offshore wind energy is a fast growing renewable energy technology that is built upon the expertise of several engineering disciplines. Engineers who work in wind farm design, operation and maintenance must understand the various disciplines involved in order to meet energy production and cost reductions goals. This is equally true of professionals who are new to this field.This masterclass has been designed with the needs of working professionals in mind. It focuses on how the various engineering disciplines integrate in the design and installation of offshore wind farms. Each session will focus on a particular discipline, examining issues and challenges such as external conditions, installation, dynamics, grid integration, operation and maintenance.

The content will be delivered by experts who specialize in this area. The course will help professionals in the field of offshore wind energy to broaden their knowledge of the relevant technical disciplines and their integration. Professionals with a scientific background, who are new to the field of offshore wind energy, will benefit from a high-level insight into the technical and engineering aspects of wind energy.

After completing this course, you will be able to:

  • Understand how the various technical disciplines interact with one another.
  • Be able to select the best options for developing and operating offshore wind farms.
  • Grasp how wind turbines are designed to handle various conditions, such as dynamic wind and wave and loadings.
  • Describe grid integration strategies for offshore wind turbines.
  • Understand operational and maintenance strategies for offshore wind turbines and farms.

Accelerating Solar Strategy With Indian Railways: Preparing For New Tenders, Auctions & Business Innovation

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Indian Railways will procure 1,000 Mw solar power by 2021-22 and is set to achieve 100% electrification of its rail tracks by 2023. Indian Railways has recently announced to develop 20GW of solar on vacant land by 2030 by setting up solar plants and as a part of this initiative, 4.7 Mega Watt (MW) land-based solar plants have already been commissioned. Indian Railways has so far installed solar panels at more than 960 stations, including those at Varanasi, New Delhi, Jaipur, Secunderabad, Kolkata and Hyderabad. Orders have also been placed for 198MW of solar rooftop capacity for 550 additional stations. The developments come after Indian Railways earlier this year announced plans to install 1GW of solar PV and 200MW of wind power by 2021-22 across its Zonal Railways and Production Units.

Indian Railways is committed to utilise solar energy for meeting its traction power requirement and become a complete ‘green mode of transportation as one of the single largest clean energy users in India. These steps include the issuance of tenders for large-scale solar power projects and the commissioning of a first-of-its-kind project to use solar power for trains’ traction systems. Some recent auctions & tender highlights include Solar/Wind Hybrid Tenders to ensure RTC supply power, 400MW & 1000MW Solar Tender distributed across 6 states, Powering 7000+ Railway Stations Using Rooftop Solar, Solar Powered Lighting and Cooling Systems for Coaches, Tender for the installation of flexible solar panels and battery systems on the roofs of coaches of six trains on a pilot basis & Electrification plan to convert diesel-fired locomotive into electric locomotives by 2022.

In this ExpertTalk we discuss innovative solutions for setting up solar projects alongside railway tracks, bid & tender strategy for 3GW of solar projects on vacant land, upcoming solarizing plans of Indian Railway, business opportunities for key stakeholders, power procurement routes for achieving the 20 GW renewable energy target and lot’s more. A must attend for all stakeholders interested to be a part of Indian Railways Solar and Green Initiative

Join Our Expert Meeting Room, Share opinion on What Matters & Interact Personally with our Experts, A Closed Door Discussion For Upto 50 Participants Only

Winners Announced For The Renewable Energy Digital Week India 2020 Awards  

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Top Honors for Entrepreneurs, Innovations, Technologies and Corporates in the Indian Renewable Industry

Shining a spotlight on the technology, innovations, companies and their leaders, which have made an outstanding contribution to the advancement of the Indian Renewable Energy Sector, the winners were announced at the virtual gala award ceremony of ‘Renewable Energy Digital Week India 2020 Awards ‘ on 30th October at 6 pm.

‘Renewable Energy Digital Week India 2020 Awards ‘ was a one of its kind virtual awards ceremony that celebrated the best in technology and leadership over the past year and recognized the players involved. Entries had come from all over the industry to compete and win these highly coveted awards.  

The Award ceremony was graced by the Guest of Honor – Shri. Rajesh Kumar Jain, Additional General Manager (Solar), SECI. The ceremony commenced with Shri. Rajesh Jain’s very insightful opening remarks about the roadmap to the future of Renewable Energy Industry in India. The ceremony was an exciting event with some live conversations, Q&A’s with the winners as well as online entertainment.

The Proud Winners of ‘ Renewable Energy Digital Week India 2020 Awards‘ are:

Business Excellence Awards:

Company of the Year – OEM( Solar)  – SWELECT Energy Systems Ltd.   

Renewable Energy Consultant Of The Year( Solar) – Idam Infrastructure Advisory Private Limited  

Company of the Year: IT & Data Analytics (Solar)  – Armax Automation Pvt Ltd  

Company of the Year: IT & Data Analytics (Wind) – Suzlon Energy Limited

Smart Digital Start-up of the Year( Solar) – ALT NRG PVT LTD

Service Provider of the Year: Energy Forecast- Wind (8.5 GW) – Leap Green Energy Pvt Ltd. 

Service Provider of the Year: Energy Forecast- Solar & Wind (27GW) – Enercast GmbH and Vedanjay Power Private Ltd.

RE Digital Champion of the Year ( Solar) – AHAsolar Pvt. Ltd.

Digital Technology Innovation Awards:

Technology Innovation of the Year- Robotics( Solar) – Solabot Technologies Pvt. Ltd.

Technology of the Year: Big Data, IT & Analytics( Wind) – Leap Green Energy Pvt. Ltd. 

Technology of the Year: Big Data, IT & Analytics( Solar) –  SmartHelio Sarl 

Technology of the year: Forecasting & Scheduling (Wind) –  Enercast GmbH and Vedanjay Power Private Ltd. 

Technology of the Year: Artificial Intelligence (Solar) – Quadrical Services India Private Limited 

 Technology of the Year: Artificial Intelligence (Wind) – Bahawan Cybertek

Individual Leadership Awards:

Business Disruptor Of The Year – Manoj Bharti, Project Management specialist, SB energy Private limited 

Young Achiever of the Year: Make In India – Kiran Nair, Head – Technology Digital Innovation and O&M, Mytrah Energy  

Outstanding Contribution To Digital India – Rajesh Kumar Jain, AGM (Solar), Solar Energy Corporation of India  

To know more about the ‘Renewable Energy Digital Week India 2020 Awards Ceremony ‘visit:https://solarquarter.com/studio/

Week in Middle East: Yellow Door Energy Completes Massive Rooftop Solar Plant For Future Pipe Industries, Choithrams Selects Siraj Power As Its Partner For Implementing Solar Projects In UAE, EDF Submits Proposal For 146 MW Hybrid-Solar Projects In Oman and more

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Yellow Door Energy Completes Massive Rooftop Solar Plant For Future Pipe Industries

Yellow Door Energy, a UAE-based sustainable energy provider for businesses, has successfully commissioned a 2 megawatt- peak (MWp) solar plant for Future Pipe Industries (FPI). Located in Dubai Industrial City, the solar plant is expected to generate 3,200 megawatt-hours of clean energy in its first year of operation, equivalent to reducing 1,300 tonnes of carbon emissions per year. Completed in time to celebrate the Dubai Solar Show and WETEX, this massive solar plant covers the rooftops of four warehouses totalling 18,000 square meters and comprises of more than 6,000 solar panels. It will meet 40% of the factory’s energy consumption needs and help FPI significantly reduce electricity costs.

Choithrams Selects Siraj Power As Its Partner For Implementing Solar Projects In UAE

SirajPower, UAE’s leading distributed solar energy provider, continues its rapid and consistent expansion in the UAE with a new significant partnership. The company recently signed a deal with Choithrams, a leading grocery retailer and food distributor in the Middle East, to help them shift from conventional power to 100% renewable energy. On this occasion, a signing ceremony was recently held at Choithrams’ Head office in Dubai in the presence of Rajiv Warrier, Choithrams’ CEO, Laurent Longuet, CEO of SirajPower and Merzi Sodawaterwala, Founder & Chairman of World Sustainable Business Forum (WSBF). Choithrams’ solar rooftop project includes three warehouses located at Al Quoz in Dubai with a 2.7 MWp system capacity that will generate 4.5 GWh of annual energy production. The solar rooftop installation will help displace approximatively over 3,000 metric tons of carbon dioxide emissions (Co2) per annum, corresponding to more than 12 million smartphones being charged.

EDF Submits Proposal For 146 MW Hybrid-Solar Projects In Oman

Only France’s EDF submitted a bid for the aggregated hybrid programme, which is being overseen by Oman’s Rural Areas Electricity Company (Tanweer). The tender was issued in March, with bids due in June later the bid deadline was extended to mid-October to allow prospective bidders more time to work on proposals for the project, worth $175m. The 11 sites are expected to have a solar component of 48MW with 70MW diesel component. Tanweer is planning for the plants to have a storage capacity of 28MW, which will provide up to 14MWh (MW hours) of storage. The initial power purchase agreements (PPAs) are expected to be for 15 years and the project is planned to be developed under a build, own, operate transfer framework. PV solar capacity and battery energy storage (BESS) will be installed at all of the sites, which include Al-Mazyunah, Hasik, Farshat Qatbeet and Al-Hallaniyat islands, all in the southern Dhofar governorate, Al-Khuwaimah and Masirah island whereas two diesel power plants will be developed at Madha, and Mittan.

Al Masaood Power Introduces Smart Microgrid Solutions During First Ever Virtual Edition of Wetex

Al Masaood Power Division, the official distributor of MTU a Rolls-Royce Power Solutions Company in the UAE and Bahrain, one of the leading suppliers of decentralized energy systems, throws the spotlight on smart microgrid solutions during their participation at the first ever 3D Virtual edition of the Water, Energy, Technology and Environment Exhibition (WETEX), the ideal gateway of solar business in the region, on October 26 -28, 2020. Microgrids support a flexible and efficient electric grid, by enabling the integration of growing deployments of distributed energy sources such as renewables like solar. Microgrids are decentralized energy systems that are composed of renewable power generation, power storage and conventional power generation used to meet a given demand. The utilization of Microgrid technologies is part of the UAE Energy Strategy 2050, which is the country’s first unified energy strategy that is based on supply and demand, and aimed at increasing the contribution of clean energy in the total energy mix. A combination of renewable, nuclear and clean energy sources–all brought together to help meet the country’s economic requirements and environmental goals.

ADDED Announces Issuance of FDI License in Abu Dhabi; Aims at Achieving Sustainable Economic Development

The Abu Dhabi Department of Economic Development (ADDED) announces the implementation of the Foreign Direct Investment Law witin the Emirate of Abu Dhabi by issuing the “Foreign Direct Investment License” which will enable them to hold 100 per cent ownership of their businesses in Abu Dhabi. The license covers 122 different economic activities related to the agricultural, industrial and services sectors, and targets businesses with total capital ranging between AED 2 million to 100 million or higher. H.E. Mohammed Ali Al Shorafa, Chairman of ADDED, said: “The issuance of the ‘Foreign Direct Investment’ license is line with of the provisions of the Federal Law No. (19) of 2018 regarding Foreign Direct Investment (FDI), and as part of the Department’s efforts to further promote positive investment climate and thereby achieve sustainable economic development in Abu Dhabi.” H.E. Al Shorafa noted that ADDED is committed to enhancing the local investment environment and strengthening the Abu Dhabi economy’s competitiveness through policies that provide more investment opportunities in various non-oil sectors. It also seeks to improve the emirate’s legislative environment, ensuring the most ideal way to protect the rights of foreign investors, in accordance with the directives of the Abu Dhabi Government in attracting foreign direct investments to the emirate.

Ducab HV To Supply High-Voltage Cable For MBR Solar Park

Ducab HV, a subsidiary of Ducab Group, announced that it will supply and install high-voltage cable for Phase 5 of the Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park), the world’s largest single-site solar park based on the independent power producer model. Dubai Electricity and Water Authority, DEWA, the authority implementing MBR Solar Park, is continuously committed to position Dubai as a global hub for clean energy and green economy through several initiatives, and Ducab is proud to be supporting DEWA on this project to achieve the Dubai Clean Energy Strategy 2050 which aims to provide 75 percent of Dubai’s total power output from clean energy by 2050.

Hitachi ABB Power Grids Showcases Sustainable Energy Solutions At WETEX And The Dubai Solar Show 2020

Hitachi ABB Power Grids, global power and technology leader, will showcase global solutions that provide sustainable energy at the twenty-second edition of WETEX and the fifth Dubai Solar Show (DSS) hosted from October 26 to 28, 2020. This will be the first ever Carbon Neutral 3D virtual exhibition organized by DEWA. WETEX 2020 is the region’s premier industry event focusing on power, water and environment. Hitachi ABB Power Grids will demonstrate its digital technology solutions across all four Business Units – Grid Automation, Grid Integration, Transformers and High Voltage Products. Customers will benefit from Power Grids’ digital value, which will be amplified by the massive scale of the investment of Hitachi in its Lumada platform. This includes technologies such as machine learning, big data, hybrid cloud management and cybersecurity.

Week In India: MNRE Allows Exemption Of BIS Certification, India Added 883 MW Of Solar Rooftop In First 9 Months Of 2020, REC Sanctions INR 2790 Crore to JJKPCL And More

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MNRE Allows Exemption Of BIS Certification

All India Solar Industries Association (AISIA), New Delhi has conveyed that COVID 19 disruption has posed serious challenges for the survival of domestic solar industry, and sought extension of the BIS certification exemption till the validity of IEC certificates for their products (SPV Modules). Regarding the same, the ministry  allowed exemption for BIS registration to such module manufacturers till the validity of IEC certificates corresponding to the Indian Standards specified in the said order provided the IEC certificates for SPV Modules which had been obtained before 16.04.2018. These manufacturers will be required to go compulsorily for BIS registration after the validity of IEC Certificates is over.

RERC Receives Petition By Discoms For Waiver Of Fixed Charges

Rajasthan Electricity Regulatory Commission (RERC) recently issued order on  non compliance of the provisions of the tariff order and general condition of supply issued by Discoms for waiver of fixed charges. Twelve Discoms filed a petition against Jaipur Vidyut Vitran Nigam Ltd.Commission states that it is clear that the GOR  have provided the necessary reliefs to mitigate hardships to the consumers on account of COVID 19 and decided that it is  not inclined to review its decision at this stage. Commission concluded that the Petitions along with other connected applications are disposed of with no order as to cost.

India Added  883 MW Of Solar Rooftop In First 9 Months Of 2020

About 2320 MW of solar capacity comprising 1437 MW of Ground Mounted Solar and 883 MW of Rooftop Solar was added in India, as per the data released by the Ministry of New and Renewable Energy (MNRE) for January 2020 till Sep 2020. According  to JMK Research  Rajasthan (360 MW), Tamil Nadu (341 MW), and Maharashtra (165 MW) were the leading States with most of the large-scale solar installations during this period. Before the COVID-19 outbreak, JMK Research had projected nearly 7-8 GW of utility-scale solar capacity addition in 2020. However, only 1.4 GW capacity was commissioned in the first nine months.

Target to Increase Installed Renewable Energy Capacity Has Been Extended To 450 GW By 2030 : PM

Prime Minister Narendra Modi delivered inaugural address at the 4th India Energy Forum CERAWeek through a video conference. The theme of this edition is “India’s Energy Future in a world of Change”.Speaking on the occasion, the Prime Minister said India is full of energy and its energy future is bright and secure. He  elaborated that in spite of various challenges like fall in energy demand by almost one third, prevailing price instability, impacted investment decisions, projected contraction in global energy demand over the next few years, India was projected to emerge as a leading energy consumer and is projected to  nearly double its energy  consumption over the long term. The Prime Minister remarked that India is well on track to meet the global commitment.  He said the target to increase the installed renewable energy capacity to 175 GW by 2022 has been further extended to 450 GW by 2030.

REC Sanctions INR 2790 Crore to JJKPCL

State-run REC Limited, one of India’s premier NBFCs, has sanctioned Rs. 2790 crore to Jammu Kashmir Power Corporation Limited (JKPCL). The two parties signed an agreement for the liquidity infusion scheme under the Aatmanirbhar Bharat Abhiyan for the Union Territory of Jammu and Kashmir. The agreement was signed between the Govt. of Jammu & Kashmir, JKPCL, REC and PFC in the presence of Principal Secretary Rohit Kansal – PDD, Jammu & Kashmir. Sanjeev Kumar Gupta – CMD, REC Limited and other senior officials from REC joined the meeting through video conferencing.During these difficult times, financial assistance under the scheme will allow Discoms to fully discharge their dues to Gencos & Transcos for the electricity purchased and transmitted.

KKR Launches Renewable Energy Platform Virescent Infrastructure In India

Global investment firm KKR announced the launch of Virescent Infrastructure (“Virescent” or the “Company”), a newly created platform to acquire renewable energy assets in India. Virescent aims to expand its diversified portfolio of operational renewable energy assets, facilitated by investments predominantly made through KKR’s infrastructure fund. Virescent looks to identify investment opportunities that have stable cash flows stemming from long-term contracts with state and central government counterparties across India. Virescent currently owns 317MWp of solar assets located in Maharashtra and Tamil Nadu. KKR has also entered into definitive agreements to acquire other operating solar projects across three different states. Once closed, these projects will also become part of the Virescent platform.

Executive Director Participates in Indian Energy Meeting with PM Modi

Fatih Birol, the IEA’s Executive Director, participated in an online conference between the Prime Minister of India, the Hon. Narendra Modi, and global energy leaders on Tuesday, to discuss the outlook for the sector. Prime Minister Modi emphasised that providing all Indians with equitable access to clean, affordable and sustainable energy was at the core of the government’s policy. He outlined India’s rise as a major consumer of energy globally, and reinforced the government’s commitment to fighting climate change. He outlined his view of the key drivers of India’s energy future, covering a broad range of fuels and technologies across the energy sector. The event was organised by NITI Aayog and MoPNG, in association with the India Energy Forum by CERA Week. It included 40 energy leaders including CEO of Abu Dhabi National Oil Company (ADNOC) and United Arab Emirates Minister of Industry and Advanced Technology, HE Dr Sultan Ahmed Al Jaber; CEO of Reliance Industries, Mr Mukesh Ambani; and CEO of BP, Mr Bernard Looney.

NTPC Ties Up JPY 50 Billion Funding From JBIC

In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s largest power producer today entered into foreign currency loan agreement with Japanese Government’s financial institution for JPY 50 billion (approx. USD 482 million or Rs. 3,582 crore). JBIC will provide 60% of the facility amount and the balance will be given by commercial banks (viz., Sumitomo Mitsui Banking Corporation, the Bank of Yokohama Ltd., the San-In Godo Bank Ltd., the Joyo Bank Ltd. and The Nanto Bank Ltd.), under JBIC guarantee. The facility is extended under JBIC’s outreach for projects, which ensure conservation of global environment. The loan proceeds shall be utilized by NTPC for funding its capex for Flue Gas Desulphurization (FGD) & Renewable Energy projects. FGD, substantially reduces the SOx emission in the flue gases of thermal power plants and is a critical step towards environmental sustainability.

Green City Finance Directory Helps Cities Access Sustainable Finance

The Cities Climate Finance Leadership Alliance (the Alliance) announced during ICLEI’s Daring Cities 2020 the launch of its Green City Finance Directory, an open, online resource to help subnational governments and stakeholders identify project preparation facilities (PPFs). Most cities, especially in developing countries, face challenges in identifying and developing financially viable low-carbon and climate-resilient infrastructure projects which are at the same time attractive to public and private financiers. PPFs assist cities by supporting activities in the project preparation stage of the project cycle with the goal of successfully connecting them to finance. As a result, PPFs can help cities develop green and resilient infrastructure, including implementing more efficient heating and cooling systems, building renewable energy, setting up sustainable transit, or climate-proofing resilient infrastructure.

Tender Buzz India: Rajasthan Govt Tenders for Setting Up Solar Panels, UREDA Tenders for 500 WP Solar Power Plant, MEDA Tenders For 120 KW Grid Connected Solar Rooftop And More

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UREDA Tenders for 500 WP Solar Power Plant at Chamoli

Uttarakhand Renewable Energy Development Agency floats tender for Supply & Installation of 500 Wp of Solar Power Plant on Turnkey Basis including 05 years Warranty & Comprehensive Annual Maintenance Contract.Location: At Anganwadis of District Chamoli in Uttarakhand.Last Date & Time for Receipt of Bids: 03.11.2020 up to 5:00 PM.

Rajasthan Govt Tenders for Setting Up Solar Panels At Jaisalmer

Rajasthan Govt Tenders for Supply and Installation of Solar Panels At Border Areas of Jaisalmer. Scope of  work for successful bidders include supply installation and commissioning of solar panels for running of motor pumps at various locations in the border area. Bid Submission End Date: 09-Nov-2020 06:00 PM and Bid Opening Date: 10-Nov-2020 03:00 PM. Tender Value: ₹ 70,00,000.

NRANVP Floats Tender For Rooftop Solar Plant under Capex Model

Nava Raipur Atal Nagar Vikas Pradhikaran Tenders for design, engineering, supply, installation testing and commissioning of rooftop solar PV plants under capex mode including 10 years operation and maintenance. Location: At various locations at NRDA, Naya Raipur. Last Date of Online Submission: 15.00 Hrs on 17-11-2020 and Estimated Value: 13,48,50,096/-. 

MEDA Tenders For Total 120 KW Grid Connected Rooftop Solar Plant

Maharashtra Energy Development Agency floats tender for Survey, Design, Fabrication, Supply, Installation, Testing, Commissioning with RMS of cumulative total 120 kW capacity GCRT with Net Metering system with 5 yrs CMC. Location: At Various Govt. Offices in Yavatmal. Bid Submission End Date: 23-Nov-2020 03:00 PM. Bid Opening Date: 24-Nov-2020 03:00 PM.

MEDA Tenders For 5HP /7.5HP-DC Solar Off-Grid PV Water Pumping Systems

Maharashtra Energy Development Agency floats tender for Survey, Design, Fabrication, Supply, Installation, Testing, Commissioning of 5HP /7.5HP-DC Solar Off-Grid PV Water Pumping Systems various Villages/G.P under Minor Water and Tap Water Supply Programme with RMS in Yavatmal dist. With 5 yrs CMC.Bid Submission End Date: 23-Nov-2020 03:00 PM and Bid Opening Date: 24-Nov-2020 03:00 PM.

Masterclass on Project Finance & Financial Modelling: EV Charging Infrastructure

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Why Attend This Masterclass?

The charging infrastructure necessary to stimulate widespread adoption of increasingly available EVs in the marketplace remains to be built. As the mainstream OEMs begin to roll out EVs, the role of charging infrastructure evolves from being an awareness tool to becoming a commercially viable business venture. The billion dollar question today is: How can companies package a commercially viable proposition and differentiate themselves in a non-existent, yet crowded marketplace?

Government and industry players both see scale and interoperability as a key to a successful roll out. Some analysts believe failure to coordinate this system could set adoption back 10 years. However, to implement an appropriate EV charging infrastructure does not necessarily mean mandating an outlet at every street corner. It means creating a profitable industry where the economics are profitable and self-sustaining to justify the investment as the market develops.

With electric vehicle (EV) adoption expanding across the nation, the need for charging stations is rising exponentially, as projections are pointing towards continued industry evolution and growth. This Project Finance & Financial Modelling: EV Charging Infrastructure Master Class will explore those projections while providing attendees with a comprehensive overview of the business and revenue models being deployed in the EV charging infrastructure space. A lack of deep understanding of these economics and business models can prevent many stakeholders from fully utilizing this opportunity to optimize their profits. This course is your opportunity to learn where you and your firm fit into the EV charging infrastructure landscape through exploring current trends and pressure points in EV infrastructure deployment.