Thursday, October 31, 2019

AP's power pacts a matter of concern: ReNew Power chief

Sinha told ET he has doubts about the situation in Andhra Pradesh, where it is building 700 MW of projects

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AP's power pacts a matter of concern: ReNew Power chief

Sinha told ET he has doubts about the situation in Andhra Pradesh, where it is building 700 MW of projects

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Slowdown saga: India's core sector growth shrinks by over 5%

Consumption slowdown, along with flooding across several states in September, contracted India's eight major industries' output rate by over 5 per cent.

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Andhar's power pacts a matter of concern: ReNew Power Chief

Sumant Sinha told he has doubts about the situation in Andhra Pradesh, where it is building 700 MW of projects, after chief minister Jaganmohan Reddy tried to review wind and solar energy contracts.

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Saritha Nair, husband Radhakrishnan sentenced to 3 years imprisonment in solar scam case

The solar panel scam involved a fraudulent solar energy company, Team Solar Energy, floated by Nair, which used two women to create political contacts and duped several people to the tune of crores of rupees

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Goldman-backed ReNew says Andhra problems could hurt India's renewables target

The southern state of Andhra Pradesh is among the largest adopters of renewable energy and ReNew Power is India's largest renewable energy company

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Private players stay away from India's latest oilfield auction

ONGC has submitted bids for seven blocks and Oil India for one in the fourth round of OALP where bidding closed on Thursday

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Renew Power to commission 3,000 Mw solar and wind capacity in 18 months

Renew Power is the country's largest renewable energy independent power producer (IPP) in terms of total generation capacity.

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Private players stay away from the latest oilfield auction

ONGC has submitted bids for seven blocks and Oil India for one in the fourth round of the Open Acreage Licensing Programme (OALP), where bidding closed on Thursday, according to a statement on the website of the Directorate General of Hydrocarbons (DGH), the Oil Ministry arm that oversees oilfield auctions.

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Two more nations ink ISA Framework Agreement; membership rises to 83

The Ministry of New and Renewable Energy hosted the second Assembly of ISA on Thursday.Power and New & Renewable Energy Minister R K Singh presided over the Assembly.

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India showing political will on renewable energy development: IRENA

The USD cost of solar PV in India has come down by 79 per cent per kilowatt hour and 24 per cent for onshore wind in 2018 from 2010, according to the IRENA report

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Cheaper solar power gains ground in southeast Asia

Solar power price in latest tender mostly lower than gas

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Indian Oil Corporation's second quarter net profit down 83% to Rs 563 crore

The company had posted a net profit of Rs 3,247 crore for the corresponding quarter ended September 2018

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Malware detected in Kudankulam nuclear facility, critical systems safe: Official

A day earlier, KKNPP information officer R Ramdoss had denied any cyber attack in the context of reports that the power plant's domain controller-level access was compromised

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France's Engie looks to set up renewables fund in Australia

Strong appetite from infrastructure, pension funds

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Shell profit beats forecast on strong oil and LNG trading

The better than expected results in the face of oil prices that fell 17% year on year underscores Shell's tranformation in recent years, with deep cost cuts and a focus on returns

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Air pollution cutting short north Indians’ lives by 7 years: Study

The analysis of Air Quality Life Index shows the impact is due to a 72 percent increase in pollution from 1998 to 2016 in the region that is home to about 40 percent of India’s population.

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Wednesday, October 30, 2019

Oil prices rise as investors put hopes on China stimulus

Brent crude futures were up 24 cents, or 0.4%, at $60.85 a barrel by 0221 GMT, having fallen earlier in the session

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Chile cancels APEC trade summit and COP25 climate gathering as Santiago burns

The abrupt move - which came after weeks of riots over inequality in Chile that have left at least 18 people dead

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Hero Future's stake buy by Abu Dhabi Future Energy gets CCI nod

The transaction involves acquisition of non-voting compulsorily convertible preference shares in Hero Future Energies.

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ABB wins contract to connect world's largest offshore wind farm

ABB has been selected by energy companies SSE Renewables of the UK and Equinor of Norway to supply its HVDC converter systems to connect wind farms to the UK transmission network.

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In Chile's Atacama Desert, a cautionary tale for bold renewable energy vows

Chile, readying to host a major United Nations climate change conference in December, has already pledged to phase out coal-fired power by 2040 and be carbon neutral by 2050.

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Israeli investment firm to raise 80 mln euros for Spanish wind energy project

The Gecama wind project is owned by renewables developer Enlight and is expected to start construction in the first quarter of next year and will cost up to 330 million euros

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Hero Future's stake buy by Abu Dhabi Future Energy gets CCI nod

The transaction involves acquisition of non-voting compulsorily convertible preference shares in Hero Future Energies.

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CCI okays Hyundai, Kia's stake buy in ANI Technologies, Ola Electric

Fair trade regulator in a tweet said it "approves acquisition of shares in ANI Technologies and OLA Electric by Hyundai Motor and Kia Motors subject to compliance of modifications."

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Air pollution: At 35% of PM2.5, farm fires hold Delhi in grip

Crop stubble burning in Punjab and Haryana had a lot to do with the grey, suffocating day that Delhi suffered on Wednesday.

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ABB wins contract to connect world's largest offshore wind farm

ABB has been selected by energy companies SSE Renewables of the UK and Equinor of Norway to supply its HVDC converter systems to connect wind farms to the UK transmission network.

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Regulator weighs moving to gas entry-exit tariff model

The Petroleum and Natural Gas Regulatory Board (PNGRB) is considering a gas transmission tariff reform that would allow the tariff to be fixed separately for each entry and exit point of the pipeline.

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France's Engie looks to set up renewables fund in Australia

The plan is to find one or more partners to invest in a fund to develop 2,000 megawatts (MW) of wind and solar farms in the next 10 years

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Cranberry farmers want to build solar panels over their bogs

It's a novel approach to blending renewable energy technology with traditional farming that's been researched across the world but hasn't been tried before on large scale.

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Nuclear Power Corp of India says detected malware in its systems

On Tuesday, the NPCIL rejected media reports that its Russian-built reactors in Kudunkulam in southern India had suffered a cyber attack.

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Germany's RWE looks to enter Japan offshore wind power market

RWE has transformed itself by taking over the renewables activities of subsidiary Innogy and peer E.ON , which was part of a major reshuffle of Germany's power sector

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Cranberry farmers want to build solar panels over their bogs

Jordan Macknick, an analyst at the National Renewable Energy Laboratory in Colorado, says the novel approach to blending solar production with crop cultivation is being researched but hasn't been tried before on a large scale anywhere in the world

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India's crude oil production falls 5.41% in September

India's crude oil imports declined 6.14 per cent in the month to 16.8 Million Tonne, as compared to the corresponding month a year ago.

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Progress on stressed thermal asset resolution slow: ICRA

The all India electricity demand growth slowed down to 4.4% in the first six month of FY20, from 6% growth witnessed in the corresponding period of previous year. The slowdown can be attributed to lower demand from household & agriculture.

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NPCIL accepts cyber attack on Kudankulam

"The matter was immediately investigated by DAE (Department of Atomic Energy) specialists. The investigation revealed that the infected PC belonged to a user who was connected in the internet connected network for administrative purposes," it said.

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Saudi Aramco to keep 4.6 mn barrels of oil in Indian storage: Govt

In a step to expand the energy infrastructure through global investments, the government is set to lease a quarter of its strategic petroleum reserve to Saudi Aramco to store 4.6 million barrels of oil via Indian Strategic Petroleum Reserves Ltd.

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Saudi Aramco to keep 4.6 mln barrels of oil in Indian storage - govt

In a step to expand the energy infrastructure through global investments, the government is set to lease a quarter of its strategic petroleum reserve to Saudi Aramco to store 4.6 million barrels of oil via Indian Strategic Petroleum Reserves Ltd.

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Nuclear power generators helps avoid 500 million tonnes of carbon dioxide emission last year

Nuclear generation in Asia continued its rapid growth in 2018, increasing by 12%. By replacing coal-fired generation nuclear energy avoided the emission of over 500 million tonnes of carbon dioxide last year.

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Aramco tells IPO bankers it made $68 billion in 9 months

The company has pledged to pay a dividend of at least $75 billion next year

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Cauvery Power to face insolvency proceedings

The account was classified as a non-performing asset by PNB in January 2019. The company has a coal-based captive power plant of 63 MW capacity at Gummudipoondi near Chennai.

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India signs deal with Saudi Arabia for strategic oil reserves & retail matters

Saudi Arabia has also expressed interest in picking up the government’s stake in BPCL, official sources said. Sources said Aramco is currently evaluating its Indian investments and views buying out BPCL as a good opportunity.

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Tuesday, October 29, 2019

Cauvery Power to face insolvency proceedings

The account was classified as a non-performing asset by PNB in January 2019. The company has a coal-based captive power plant of 63 MW capacity at Gummudipoondi near Chennai.

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Indian Strategic Petroleum Reserves, Aramco ink storage lease pact

The deal with the state-run Saudi Aramco was signed during Prime Minister Narendra Modi’s visit. The UAE has also contributed to strategic reserves in India.

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India to spend $100 billion on energy infra, says PM inviting Saudi investment

Transformative technologies like Artificial Intelligence, NLP and robotics are bringing about fundamental changes in our lives

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Himachal CM lays stone for 240 MW Kuthed Hydro Electric Project

He laid the foundation stone for 240 MW Kuthed Hydro Electric Project to be constructed at a cost of Rs 2,750 crore

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Pollution: Season’s greetings from Punjab and Haryana choking Delhi



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RIL draws government ire by monopolising sale of its own CBM

Oil ministry is yet to decide whether to terminate PSC or opt for arbitration, though RIL insists it has won the gas after open and transparent bidding. Officials said Reliance’s action in the sale of CBM gas may set a precedent.

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India, Saudi Arabia ink 12 agreements in sectors including renewable energy

The agreements were signed in the presence of Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman

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UK-based Quercus sells 320MW of solar, wind assets to Italy's Green Arrow

The five funds sold to GAC, wrapped into Quercus Assets Selection, manage operations in Italy, Britain, Spain, Romania and Bulgaria, the two companies said on Tuesday

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French minister visiting India to co-host second ISA assembly

French Deputy Minister for Ecological and Inclusive Transition Brune Poirson is visiting India to co-preside over the second Assembly of the International Solar Alliance here on Thursday

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India, Saudi Arabia ink 12 agreements in sectors including renewable energy

The agreements were signed in the presence of Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman

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RIL draws government ire by monopolising sale of its own CBM

Oil ministry is yet to decide whether to terminate PSC or opt for arbitration, though RIL insists it has won the gas after open and transparent bidding. Officials said Reliance’s action in the sale of CBM gas may set a precedent.

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Kudankulam Nuclear Power Plant denies rumours about cyberattack

An official at the site said KKNPP had issued a press statement on the safety of the plant following rumours spread by miscreants that a cyberattack on the plant had resulted in heavy damage to it and had brought production to a standstill

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For best climate impact, put renewables in the US Midwest

The size of the population and its proximity to power plants also matter when calculating the cost benefits of expanding clean energy, because of the impact on public health to removing pollution from the air, the study found

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India's energy transition to renewables: Air conditioning to pose a key challenge

India’s electricity demand is projected to grow about 6 per cent every year between now and 2030, reaching 2,040 trillion watt hour

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PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Modi, who is on a two-day visit to Riyadh to participate in an investor summit, will meet King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman later on Tuesday

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India's energy transition to renewables: Air conditioning to pose a key challenge

India’s electricity demand is projected to grow about 6 per cent every year between now and 2030, reaching 2,040 trillion watt hour

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Singapore to stick with natural gas power for time being, expand solar use

The cost of installing solar power has become more competitive with the use of fossil fuels, making it more attractive as an energy source to reduce pollution and meet emission targets

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ABB buys majority stake in Chinese electric vehicle charging company

ABB, which has installed an electric vehicle charging network in Singapore and across the Netherlands, has bought a 67% stake in Chargedot with an option to increase its stake.

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Looking forward to Aramco's participation in India Strategic Petroleum Reserves: PM Modi

In an exclusive interview to Arab News that was published on Tuesday, PM Modi said, " India imports around 18 per cent of its crude oil from the Kingdom, making it the second-largest source of crude oil for us.

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Monday, October 28, 2019

Coal India Ltd plans binding bids for coking coal assets

In Australia, Coal India has shortlisted some working mines, while in Canada, it is targeting ready-to-produce blocks where exploration, land acquisition and environmental approvals have been completed.

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Clean energy CXOs make hay while sun shines

Executive search firms say they are seeing an up to 100% increase in mandates for CXO roles in the clean energy sector

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BPCL's Mozambique deal under government scanner; yet to get investment nod: Sources

BPRL, an exploration and production subsidiary of BPCL, had in August 2008 bought a 10 per cent stake in Area-1 Offshore of the Rovuma Block from the US energy major Anadarko Petroleum Corp for $75 million

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Fresh pooled gas auction to stop 25,000 MW capacity becoming NPAs

The Parliamantary Standing Committee on Energy in the previous government had also recommended that a scheme like E-Bid RLNG scheme is required to support gas-based plants

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Goa gets first hybrid renewable energy plant at Verna

In the future, Revayu Systems plans to install another 400 KW hybrid rooftop project for United Breweries Limited at Ponda

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BRIEF: EDF Renewables signs deal with Tesco to provide power from solar panels and wind farms

60 MW of renewable power will be provided to Tesco, from 17 roof-mounted solar installations and from two Scottish onshore wind farms

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Living laboratory: New Dubai city pushes for green revolution in the desert

Opened to the first residents in 2016 and to be fully completed next year, the initiative dubbed Sustainable City is a private settlement on the outskirts of Dubai designed to use as little energy and water as possible

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Clean energy CXOs make hay while sun shines

Executive search firms say they are seeing an up to 100% increase in mandates for CXO roles in the clean energy sector

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Singapore aims to expand solar power use in city state by 2030

The city state also plans to deploy 200 megawatts of energy storage systems beyond 2025 to augment solar power generation

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ESO telescope reveals what could be the smallest dwarf planet yet in the solar system

Astronomers using ESO's SPHERE instrument at the Very Large Telescope (VLT) have revealed that the asteroid Hygiea could be classified as a dwarf planet. The object is the fourth largest in the asteroid belt after Ceres, Vesta and Pallas. For the first time, astronomers have observed Hygiea in sufficiently high resolution to study its surface and determine its shape and size. They found that Hygiea is spherical, potentially taking the crown from Ceres as the smallest dwarf planet in the solar system.

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To rid electric grid of carbon, shore up green energy support

Engineers, along with an economist, have created an energy model that helps to remove carbon-generated power from the US electric grid -- replacing it with a greener, financially feasible wind, solar and hydro energy system.

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To rid electric grid of carbon, shore up green energy support

Engineers, along with an economist, have created an energy model that helps to remove carbon-generated power from the US electric grid -- replacing it with a greener, financially feasible wind, solar and hydro energy system.

from Solar Energy News -- ScienceDaily https://ift.tt/2qSfZaB
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To rid electric grid of carbon, shore up green energy support

Engineers, along with an economist, have created an energy model that helps to remove carbon-generated power from the US electric grid -- replacing it with a greener, financially feasible wind, solar and hydro energy system.

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To rid electric grid of carbon, shore up green energy support

Engineers, along with an economist, have created an energy model that helps to remove carbon-generated power from the US electric grid -- replacing it with a greener, financially feasible wind, solar and hydro energy system.

from Fuel Cells News -- ScienceDaily https://ift.tt/2qSfZaB
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To rid electric grid of carbon, shore up green energy support

Engineers, along with an economist, have created an energy model that helps to remove carbon-generated power from the US electric grid -- replacing it with a greener, financially feasible wind, solar and hydro energy system.

from Wind Energy News -- ScienceDaily https://ift.tt/2qSfZaB
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Study underscores changes in brain structure, function in long-duration space missions

New study demonstrates for the first time that changes in cognitive performance correlate with changes in brain structure in NASA astronauts following spaceflight.

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Tungsten suboxide improves the efficiency of platinum in hydrogen production

Researchers presented a new strategy for enhancing catalytic activity using tungsten suboxide as a single-atom catalyst (SAC). This strategy, which significantly improves hydrogen evolution reaction (HER) in metal platinum (pt) by 16.3 times, sheds light on the development of new electrochemical catalyst technologies.

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Arbitration Tribunal delays award in Rs 10,247 cr Cairn retro tax case to mid-2020

The international tribunal was supposed to give an award by February 2019, but in March it delayed it to 2019-end and now to summer of 2020.

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Arbitration Tribunal delays award in Rs 10,247 cr Cairn retro tax case to mid-2020

"The Arbitral Tribunal has indicated that whilst it is not yet able to commit to a specific award release date, it expects to be in a position to issue the Award in the summer of 2020," Cairn said in a statement.

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Sunday, October 27, 2019

Disaster: Oil spill threatens rare Bangladesh dolphin breeding zone

A tanker carrying 1,200 tonnes of diesel collided with another ship on the Karnaphuli river near Chittagong port Friday and spilled tonnes of fuel

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Weaker margins, fall in petrochemical prices weighed on RIL in second quarter

The decline in revenue and Earning Before Interest Tax and Depreciation (EBITDA) from the refining and petrochemical segment was offset by robust growth in retail and digital services

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BMykIf
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Due emphasis would be laid on solar power: Bihar CM Nitish Kumar

He said, to give it a boost, solar panels are being installed at government buildings

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Wl9F7i
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Engineers develop a new way to remove carbon dioxide from air

A new way of removing carbon dioxide from a stream of air could provide a significant tool in the battle against climate change. The new system can work on the gas at virtually any concentration level, even down to the roughly 400 parts per million currently found in the atmosphere.

from Batteries News -- ScienceDaily https://ift.tt/2ogINZg
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Engineers develop a new way to remove carbon dioxide from air

A new way of removing carbon dioxide from a stream of air could provide a significant tool in the battle against climate change. The new system can work on the gas at virtually any concentration level, even down to the roughly 400 parts per million currently found in the atmosphere.

from Fuel Cells News -- ScienceDaily https://ift.tt/2ogINZg
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Energy regulation rollbacks threaten progress against harmful ozone

The fight against harmful ozone is under legal threat. Air quality and carbon emissions regulations are currently in limbo in courts and congress, from core legislation from the 1970s to rules from the last US administration. This study models the future losses in the fight to drive down respiratory-damaging ozone if the regulations go away.

from Renewable Energy News -- ScienceDaily https://ift.tt/2MSoc6Y
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Total targets 25 GW renewable energy capacity by 2025-JDD

At end 2018 Total had the capacity to produce 2.7 GW of low-carbon electricity from gas and renewables worldwide.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Wj87KE
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Saturday, October 26, 2019

INNOVATION: Solar power technology may kill cancer cells

The results, published in the Scientific Reports, showcases dramatic improvements in light-activated fluorescent dyes for disease diagnosis, image-guided surgery, and site-specific tumour treatment

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BIrx2p
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Tesla unveils third-gen Solar Roof

Tesla CEO Elon Musk said that the third version of the solar roof is 'finally ready' for the masses and can be installed in less than 8 hours, Mashable reports

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/36aBDaj
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Power demand at IEX falls 26% in the last eight days

Demand for power has been gradually falling over the past few weeks. According to data available, all-India energy demand and supply decreased 1.5% year-on-year and 1.4% year-on-year in September 2019, respectively.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32RXJfo
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Study casts doubt on carbon capture

Current approaches to carbon capture can increase air pollution and are not efficient at reducing carbon in the atmosphere, according to new research.

from Wind Energy News -- ScienceDaily https://ift.tt/36dgrR5
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Study casts doubt on carbon capture

Current approaches to carbon capture can increase air pollution and are not efficient at reducing carbon in the atmosphere, according to new research.

from Renewable Energy News -- ScienceDaily https://ift.tt/36dgrR5
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Study casts doubt on carbon capture

Current approaches to carbon capture can increase air pollution and are not efficient at reducing carbon in the atmosphere, according to new research.

from Energy Policy News -- ScienceDaily https://ift.tt/36dgrR5
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Green Climate Fund attracts higher pledges, open for more

The total was slightly higher than the $9.3 billion committed to the Green Climate Fund (GCF) at its first pledging conference in 2014

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JDWzgj
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Power demand at IEX falls 26% in the last eight days

Demand for power has been gradually falling over the past few weeks. According to data available, all-India energy demand and supply decreased 1.5% year-on-year and 1.4% year-on-year in September 2019, respectively.

from Energy-Industry-Economic Times https://ift.tt/2okg9Xn
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Singareni disburses Rs 258 cr as performance linked reward to employees

Nearly 41,700 employees got average Rs 1.64 lakh towards bonus and each employee received almost Rs One lakh during the current year.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BQ2GJL
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Friday, October 25, 2019

Offshore wind power set for 15-fold increase worldwide by 2040

Offshore wind could become Europe's largest single source of electricity and its use for power generation is set to increase 15-fold worldwide by 2040

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33XJ02K
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Manoj Jain selected to head GAIL

Jain, 57, will have term till August 2022 once his appointment is ratified by the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/368QLoA
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Tata Power JV to acquire 2 power plants for Rs 920 cr from Tata Steel

Industrial Energy Ltd (IEL) is a joint venture between Tata Power and Tata Steel in the ratio of 74:26, respectively.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/345hHDP
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Power generation fall 3.4% in September

All-India energy demand and supply also decreased by 1.5% year-on-year and 1.4% year-on-year in September 2019, respectively, resulting in a decrease in energy deficit to 0.6% (September 2018: 0.7%).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JoUoNl
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Tata Power JV to acquire 2 power plants for Rs 920 cr from Tata Steel

Industrial Energy Ltd (IEL) is a joint venture between Tata Power and Tata Steel in the ratio of 74:26, respectively.

from Energy-Industry-Economic Times https://ift.tt/343l6mI
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Suspected militants damage 400 KV electricity transmission tower in Shopian of Kashmir

If the tower was damaged and sabotage was successful, most of the areas in Kashmir Valley could have been pushed suddenly into darkness for many hours and amplified load shedding for many days to come.

from Energy-Industry-Economic Times https://ift.tt/2pNK4aS
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Japan's Univergy to invest $200 mln in Zambia solar power

Zambia mainly relies on hydropower and has an electricity deficit of about 750 MW due to low water levels at generation plants after a severe drought hit power production

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MMuw04
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Power generation fall 3.4% in September

All-India energy demand and supply also decreased by 1.5% year-on-year and 1.4% year-on-year in September 2019, respectively, resulting in a decrease in energy deficit to 0.6% (September 2018: 0.7%).

from Energy-Industry-Economic Times https://ift.tt/2WbadfR
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As AQI nears 'severe' category, EPCA bans construction at night in Delhi-NCR from October 26-30

In a letter to chief secretaries of Delhi, Haryana, and Uttar Pradesh, EPCA chairman Bhure Lal also issued directions to close down coal-based industries, barring power plants, in Faridabad, Gurgaon, Ghaziabad, Noida & Greater Noida Sonepat and Bahadurgarh during the period.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JjLPDC
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Reaping wind at sea could become $1 trillion industry -IEA

Power generated from wind turbines at sea only accounts for 0.3% of global electricity generation today, said the IEA in what it called "the most comprehensive" study of offshore wind to date.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2pboE7m
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India’s ailing economy is bleeding Diesel as demand dries up

Indian diesel consumption has fallen for four straight months to 5.8 mn tons in September from 7.8 mn tons in May. The 3.5 mn tons of overseas shipments last month compares with an average of 2.2 mn tons in the first eight months of the year.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BDItqK
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Thursday, October 24, 2019

NTPC tender receives tepid response from developers

NTPC’s last wind tender, which was conducted in August last year, also has problems. It was a 1,200MW tender where winning tariffs were in the range of Rs 2.77-2.83 per unit. The next bid submission date has not been announced yet, sources said.

from Energy-Industry-Economic Times https://ift.tt/2JlUHIE
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Coal India's arm ECL’s underground mines to remain shut on Sundays, holidays

Underground mines will be allowed to work on Sundays and holidays only if their output per man shift (OMS) has been at least one tonne in the preceding week.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Pgaxsc
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NTPC wind energy tender receives tepid response from developers

Wind tenders continue to draw little interest from developers including those from ‘navratna’ NTPC

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3685MqO
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Decoding the National Wind-Solar Hybrid Policy

This policy aims at establishing a structure on the basis of which large-scale wind-solar hybrid power projects can be promoted.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BDwVDM
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Sweden's wind power to surpass nuclear this year: Lobby

Installed wind turbine capacity should reach 9.4 gigawatts (GW), topping nuclear capacity of about 8.4 GW, it said

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2qJpUPF
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BRIEF: Amazon Announces Three New Renewable Energy Projects In U.S. And UK

Amazon Announces Three New Renewable Energy Projects in U.S. And UK to support Amazon's pledge to reach 80% renewable energy by 2024

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MLl6Sw
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NTPC wind energy tender receives tepid response from developers

Wind tenders continue to draw little interest from developers including those from ‘navratna’ NTPC

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3685MqO
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No coal production at MCL's Odisha mines in last 14 days

Since the last two weeks, there was no production of coal due to a stalemate between Danara and Solada villages at the Talcher coalfields in Angul district, said a MCL statement

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31LECCD
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Major energy deals to be finalised in Modi's Saudi visit

Both sides are expected to finalise the West Coast Refinery Project, a $44 billion project in Maharashtra, in which Saudi Aramco is to hold considerable stake

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2WdEz1c
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Martian landslides not conclusive evidence of ice

Giant ridges on the surface of landslides on Mars could have formed without ice, challenging their use by some as unequivocal evidence of past ice on the red planet, finds a new study using state-of-the-art satellite data.

from Solar System News -- ScienceDaily https://ift.tt/2qJbTl5
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Busting the myth: Increased penetration of rooftop solar power benefits discoms

Rooftop solar is helping 30 societies in Dwarka save over INR 2 crore annually. Over a system’s lifetime, discoms could save Rs 5500 (net-present value) for every kilowatt of capacity installed.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BB35zV
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Busting the myth: Increased penetration of rooftop solar power benefits discoms

Rooftop solar is helping 30 societies in Dwarka save over INR 2 crore annually. Over a system’s lifetime, discoms could save Rs 5500 (net-present value) for every kilowatt of capacity installed.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2BB35zV
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Nayara Energy planning to invest Rs 1.3 lakh crore to expand Vadinar refinery, add petrochemical complex

It will also include two new crude grades -- Cabinda crude (17.4%) and Escalante crude (5.7%). The other grades will include Ratawi crude (26.9%), Maya crude (23.1%), Arab Light (11.5%), Arab Heavy (7.7%) and Doba crude (7.7%), the company said.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MKt3Hi
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Unanswered questions on India's EV strategy: Rahul Munjal, Chairman & MD, Hero Future Energies

"I want the EV revolution to happen sooner than later but the current approach of going full throttle for battery EVs will produce sub-optimal results"

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32Hm8Ep
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Trump promotes pulling U.S. from Paris climate accord in speech touting 'America First'

At an energy conference in Pittsburgh, Trump touted surging U.S. natural gas and crude oil output

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33YXks0
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Soon, Uttar Pradesh to generate solar energy from water bodies

Deliberations were also held on ways to generate solar, wind and hydro power from water bodies, including huge water reservoirs and canals.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MG8jRe
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Wednesday, October 23, 2019

Soon, Uttar Pradesh to generate solar energy from water bodies

Deliberations were also held on ways to generate solar, wind and hydro power from water bodies, including huge water reservoirs and canals.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MG8jRe
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Solar revolution? Far from it, says industry

Prime Minister Narendra Modi has set a target of generating 100 GW of solar power by 2022 with the country becoming a hub for manufacturing solar hardware. However, policy uncertainties are all set to short-circuit such goals.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/32J7yfQ
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Oil and gas giants spend 250 mn on EU lobbying: Green groups

The findings came from publicly listed documents and companies who responded to requests for comments said there was no conflict of interest in their executives meeting high-level EU policymakers.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31Gr2Ag
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India relaxes guidelines for entry of private and foreign payers in fuel retail

The new guidelines have lowered the entry barrier by bringing down the minimum networth requirement from the existing Rs 2,000 crore to Rs 250 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31DznF3
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Govt accords 'Maharatna' status to Hindustan Petroleum, Power Grid Corp

The grant of Maharatna status to the PSUs will impart enhanced powers to their Boards to take financial decisions

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MG8cVC
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Cabinet lowers entry barrier for petrol pump business

The new entrants, domestic or foreign, will have to set up 5% of their pumps in remote areas, and each retail outlet must have facilities for at least one alternative fuel such as compressed natural gas, LPG, biofuel.

from Energy-Industry-Economic Times https://ift.tt/2W8S16t
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Government eases rules for setting up petrol pumps, allows non-oil companies in business

At present, to obtain a fuel retailing license in India, a company needs to invest Rs 2,000 crore in either hydrocarbon exploration and production, refining, pipelines or liquefied natural gas (LNG) terminals.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2PgdMzM
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Driverless cars could lead to more traffic congestion

New research has predicted that driverless cars could worsen traffic congestion in the coming decades, partly because of drivers' attitudes to the emerging technology and a lack of willingness to share their rides.

from Energy Policy News -- ScienceDaily https://ift.tt/2W6EWut
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Tata Steel subsidiary bags Misrilall Chrome mine in e-auction in Odisha

The aggressive bidding for the chrome deposits has surprised some in the industry despite the fact that the Saruabil mine was considered a prized asset for its superior geological properties.

from Energy-Industry-Economic Times https://ift.tt/35ZQmER
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Rs 1 lakh crore bad loans ailing India’s power sector: TERI

The amount of bad loans accounts for 0.6 percent of the country’s Gross Domestic Production

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MDZ3wM
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India relaxes guidelines for entry of private and foreign payers in fuel retail

The new guidelines have lowered the entry barrier by bringing down the minimum networth requirement from the existing Rs 2,000 crore to Rs 250 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2p8opKf
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India eases rules for entry into fuel retail sector: Javadekar

The new rules will allow companies to set up electric vehicle charging stations, and sell gas, petrol and diesel at their pumps

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2N3KKRj
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Russian oil baron Igor Sechin accompanies Dharmendra Pradhan to Far East Russia

Russia is home to India's biggest energy investments with state-owned firms having spent close to USD 10 billion in acquiring stakes in oilfields such as Sakhalin-1, Taas-Yuryakh and Vankor and Siberia-focused company Imperial Energy.

from Energy-Industry-Economic Times https://ift.tt/35XBzKF
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Sweden could scrap onshore wind subsidy by end-2021 -energy minister

The current Swedish-Norwegian subsidy programme helped place the two countries among Europe's fastest growing offshore wind developers in recent years.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31DsWSq
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JSW Steel defers Rs 4,700 crore spending from current fiscal’s plan

The deferment implies a revised cash flow plan of Rs 11,000 crore for the current fiscal year versus the previous guidance of Rs 15,708 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2PaboKP
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Aker Solutions eyes 20% of revenue from renewables by 2030

Aker Solutions said it aimed to derive 20% of revenue from renewable energy by the end of the next decade, focusing on floating wind power, and 25% from carbon capture and storage (CCS)

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2p4LcGQ
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L&T wins over Rs 7,000 crore contract from HPCL

The project has to be completed on engineering, procurement, construction and commissioning (EPCC) basis

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2N8mu0a
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IOC keen to open another oil terminal in Karnataka

Speaking to TOI, DL Pramodh, executive director of IOC (Karnataka), said they were looking for 120-150 acres of land in Davanagere-Chitradurga region to set up another terminal as the demand for their products are growing day by day

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2W7AcEE
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AAP challenges BJP to give 200 units free electricity in states ruled by it

The Aam Aadmi Party's (AAP) challenge came after Tiwari on Monday said his party would give five times more relief to electricity and water consumers

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33UZ3OM
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Tuesday, October 22, 2019

EU to wrestle with what is 'green' investment

The talks, due to finish in December, will pit the more conservative EU countries against a European Parliament, where Green parties have a louder voice

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2pNqP0N
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Tangedco’s debt at Rs 1 lakh crore, same as Tamil Nadu’s in 2011

Tangedco, meanwhile, is struggling to pay up dues worth Rs 30,000 crore to thermal and renewable power generators

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2PaPhnC
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UAE's Masdar wins bid to develop Uzbekistan solar project

Masdar, one of the world's leading renewable energy companies, will develop the 100-megawatt (MW) utility-scale solar plant, under the International Finance Corporation's (IFC) Scaling Solar programme.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2o8cdc0
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Trichy: Work begins to install solar panels atop corp buildings

Utilizing the smart cities mission fund to encourage renewable energy generation, the local body in October 2018, obtained the required permission from the state and central governments to install solar power plants atop the corporation buildings.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31HAC5P
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Portugal's Galp ups investment plan, seeks more renewable energy, natgas

The oil company's chief executive, Carlos Nuno Gomes da Silva, said on Tuesday it would invest 10-15% of the total in new renewable energy, most of it to harness solar power, although not ruling out wind power and other technologies.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2PcCHEC
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Colombia hails 'revolution' as it awards renewables deals worth $2.2 bln

Potential investors have said that major infrastructure construction and community support are needed to move projects forward.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2W5BGiQ
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India's September oil imports at three-year low, Saudi regains top spot

Last month, Saudi Arabia replaced Iraq as top oil supplier to India after a gap of about 13 months, the data showed

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33VPFup
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India leads power industry tenders in Asia-Pacific for September 2019

India held the top spot with 321 tenders, followed by Bangladesh with 101 and the Philippines with 83 tenders

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MEX3Vh
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Biological material boosts solar cell performance

Next-generation solar cells that mimic photosynthesis with biological material may give new meaning to the term 'green technology.' Adding the protein bacteriorhodopsin (bR) to perovskite solar cells boosted the efficiency of the devices in a series of laboratory tests, according to an international team of researchers.

from Solar Energy News -- ScienceDaily https://ift.tt/35PjZbM
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Biological material boosts solar cell performance

Next-generation solar cells that mimic photosynthesis with biological material may give new meaning to the term 'green technology.' Adding the protein bacteriorhodopsin (bR) to perovskite solar cells boosted the efficiency of the devices in a series of laboratory tests, according to an international team of researchers.

from Renewable Energy News -- ScienceDaily https://ift.tt/35PjZbM
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Mix master: Modeling magnetic reconnection in partially ionized plasma

Many of the most dramatic events in the solar system -- the spectacle of the Northern Lights, the explosiveness of solar flares, and the destructive impact of geomagnetic storms that can disrupt communication and electrical grids on Earth -- are driven in part by a common phenomenon: fast magnetic reconnection. In this process the magnetic field lines in plasma -- the gas-like state of matter consisting of free electrons and atomic nuclei, or ions -- tear, come back together and release large amounts of energy.

from Solar Energy News -- ScienceDaily https://ift.tt/2N2dV7o
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SBI seeks government help to salvage Rs 1 lakh cr gas plants

A senior government official said the ministries of finance and power were looking into the matter

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2N1DxRD
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INNOVATION: Novel artificial leaf produces clean gas from sunlight

The carbon-neutral device can directly produce the gas -- called syngas -- in a sustainable and simple way from carbon dioxide and water, setting a new benchmark in the field of solar fuels.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/31zVuvV
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Franchisees to offer choice of suppliers to power consumers

Government sources said that the Power Ministry has drawn up a draft model plan for states that will allow multiple private franchisees to operate as power suppliers in a distribution area

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33UaAhr
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ONGC board may consider listing of ONGC Videsh at next meeting

The government has been pushing ONGC Videsh, the fully-owned unit of the state-run Oil and Natural Gas Corp, to go public.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2W1sagC
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BJP against electricity subsidy being provided to Delhiites: AAP leader

He said the AAP is keen on providing free electricity to people while BJP leader Vijay Goel had said that they would withdraw the electricity subsidy

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JaRbAI
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Vattenfall and Wallenstam cancel major offshore wind park plan in Sweden

The partners already had a permit to build a 300 megawatt (MW) park off the southern coast of Sweden

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MA7DNg
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BHEL commissions 800 MW unit in Gujarat

Located in Kheda district of Gujarat, the project is owned by Gujarat State Electricity Corporation Ltd (GSECL), a state-owned power generation company, an official statement said.

from Energy-Industry-Economic Times https://ift.tt/2VZbC9c
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BHEL commissions 800 Mw supercritical power plant in Gujarat

Located in Kheda district, the project is owned by Gujarat State Electricity Corporation Limited (GSECL)

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35XisAn
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Monday, October 21, 2019

With FAME harder to come by, electric 2-wheeler sales crash

Sales fall 94% in first half of FY20 as policy changes lead buyers to opt for more affordable models. Only electric 2-wheelers with maximum speed of 40 kmph and a range of 80 km per charge qualify for subsidies.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33UGeLR
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India to build solar, wind farms along Pakistan border

Mired in an economic slowdown, the government has tripled spending over the last three years as part of its push to cut down the use of oil and coal.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2P67uTd
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Rajasthan: Fuel pumps to remain shut for 24 hours over VAT rate

Petrol and diesel pumps will keep their operations shut for a day (from 6am on October 23 to 6am on October 24) across the state in protest against increased VAT. They claimed that the sale of diesel had taken a dip in Rajasthan due to increased VAT.

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Pradhan to visit Russia, Japan from Oct 22-26

"During his visit, the minister will have meetings with Sergey Tyrtsev, First Deputy Minister for Development of the Russian Far East and Arctic, and with Igor Sechin, CEO of Rosneft," it said.

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Adani Green commissions 50MW wind energy in Guj

The company plans to commission another 225 MW wind capacity in the area by second half of 2020, for which the evacuation infrastructure is already in place, it added

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Ex-Tennessee Gov. Bredesen introduces renewable energy firm

Clearloop will offer short-term agreements that enable companies to compensate for their carbon emissions impact by paying to fund new solar panels in communities with the dirtiest electric grids.

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'Artificial leaf' successfully produces clean gas

A widely-used gas that is currently produced from fossil fuels can instead be made by an 'artificial leaf' that uses only sunlight, carbon dioxide and water, and which could eventually be used to develop a sustainable liquid fuel alternative to gasoline.

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'Artificial leaf' successfully produces clean gas

A widely-used gas that is currently produced from fossil fuels can instead be made by an 'artificial leaf' that uses only sunlight, carbon dioxide and water, and which could eventually be used to develop a sustainable liquid fuel alternative to gasoline.

from Renewable Energy News -- ScienceDaily https://ift.tt/2oR0uiD
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China seeks $2.4 billion in sanctions against U.S. in Obama-era case: WTO

China went to the WTO in 2012 to challenge U.S. anti-subsidy tariffs, countervailing duties, on Chinese exports including solar panels

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Assessing the benefits and risks of land-based greenhouse gas removal

Researchers have assessed the benefits and risks associated with six different land-based greenhouse gas removal options in light of their potential impacts on ecosystems services and the UN Sustainable Development Goals.

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Asia poised to become dominant market for wind energy: IRENA

Asia could grow its share of installed capacity for onshore wind energy from 230 Gigawatt (GW) in 2018 to over 2,600 GW by 2050

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Asia poised to become dominant market for wind energy: IRENA

Asia could grow its share of installed capacity for onshore wind energy from 230 Gigawatt (GW) in 2018 to over 2,600 GW by 2050

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France may yet pursue 100% renewable power strategy - Minister

The minister was responding to questions on Europe 1 radio after the CEO of state-contolled power utility EDF last week said it is clear France is preparing to build new reactors

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Indo-US energy trade to touch $10 billion in FY20: Dharmendra Pradhan

The Minister said supplies from the US had helped control a likely price rise in India after supply shortage concerns gripped the market in the aftermath of the attacks on a Saudi Aramco's facility.

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Indo-US energy trade to touch $10 billion in FY20: Dharmendra Pradhan

The Minister said supplies from the US had helped control a likely price rise in India after supply shortage concerns gripped the market in the aftermath of the attacks on a Saudi Aramco's facility.

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MNRE says Blue Wafer solar cells will not qualify under domestically-manufactured category

it was seen that some manufacturers have been importing semi-processed solar PV cells (generally called blue wafer) and making final Solar PV cells with little value addition in India.

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Adani Green commissions 50 Megawatt wind energy capacity in Gujarat

The company plans to commission another 225 MW wind capacity in the area by second half of 2020

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MNRE says Blue Wafer solar cells will not qualify under domestically-manufactured category

it was seen that some manufacturers have been importing semi-processed solar PV cells (generally called blue wafer) and making final Solar PV cells with little value addition in India.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/35O7WM5
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Siemens Gamesa to buy assets from wind turbine maker Senvion

Siemens Gamesa said the assets it is buying include a large part of Senvion's European onshore services business

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Siemens Gamesa to buy assets from wind turbine maker Senvion

Siemens Gamesa said the assets it is buying include a large part of Senvion's European onshore services business

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In a first, Haryana gets straw-to-gas plant

The plant is estimated to be completed by May 2020. It will have the capacity to convert stubble generated from 20,000 acres in a year into gas, which will then be sourced by IGL for its city gas distribution

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Power Grid seeks to revive Chhattigarh-Tamil Nadu transmission line

The Power Grid Corporation is trying to once again revive the transmission line project connecting Chhattisgarh and Pugalur in Tamil Nadu. In a statement sent to TOI, the corporation said it is safe to have the transmission towers in agriculture fields and there is no danger to either human beings or animals and plants.

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Sunday, October 20, 2019

Global renewable power capacity to rise by 50% in five years-IEA

Total renewable-based power capacity will rise by 1.2 terawatts (TW) by 2024 from 2.5 TW last year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MvVetG
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Global renewable power capacity to rise by 50% in five years-IEA

Total renewable-based power capacity will rise by 1.2 terawatts (TW) by 2024 from 2.5 TW last year

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MvVetG
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BHP switches to green power for Chilean copper starting 2021

Miners, which often use fossil fuels as the energy source in their operations, are shifting to renewable generation as the cost of wind and solar power drops.

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Strategic disinvestment of both HPCL, BPCL this year?

ONGC is looking to sell HPCL, the expensive buy that had put an end to its debt-free status.

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Rays Power Infra to invest Rs 1,700 cr to set up 450 MW renewable projects

On the timeine of the projects, he said the company has already started site activities of projects and expects to bring these projects online next year.

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India must focus on natural gas as an intermediate fuel amid rising RE share: Sumant Sinha

He also said regulators need to incentivise the uptake of natural gas as a fuel due to its higher cost. ReNew Power operates 4.3 Giga Watt of renewable energy capacity including both solar and wind, with over 3.2 GW of capacity in the pipeline for development.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Brpkbd
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Rays Power Infra to invest Rs 1,700 cr to set up 450 MW renewable projects

On the timeine of the projects, he said the company has already started site activities of projects and expects to bring these projects online next year.

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Strategic disinvestment of both HPCL, BPCL this year?

The plan for Hindustan Petroleum Corporation Ltd (HPCL) follows the government's go ahead to invite a strategic investor for Bharat Petroleum Corporation Ltd (BPCL) where the Centre owns 53 per cent stake.

from Energy-Industry-Economic Times https://ift.tt/2J7fFem
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Ratul Puri spent $1.1 million in a single night at US nightclub: ED

Besides Puri, the chargesheet names his associates and Moser Bear India (Private) limited, where he was the executive director

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Reliance Industries says on track to produce gas from newer fields by mid-2020

Reliance has so far made 19 gas discoveries in the KG-D6 block. Of these, D-1 and D-3 -- the largest among the lot -- were brought into production from April 2009 and MA, the only oilfield in the block, was put to production in September 2008.

from Energy-Industry-Economic Times https://ift.tt/2P0WLJJ
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Saturday, October 19, 2019

Bharti Airtel to acquire 26 per cent stake in AMPSolar for Rs 8.4 crore

The Sunil Bharti Mittal-led firm has signed an agreement with the renewable energy company to meet the green energy needs and optimise energy costs

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Tamil Nadu: Power utility looking for farmers who could set up solar power plants

Under the scheme, farmers, who are connected to the grid, would be invited to invest in solar energy.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Bt29NO
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Bhushan Power misused bank loans to route funds to promoter cos: ED

BPSL had devised a peculiar modus operandi to siphon funds obtained as loans from various banks/financial institutions, said the Enforcement Directorate

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Mars once had salt lakes similar to those on Earth

Mars once had salt lakes that are similar to those on Earth and has gone through wet and dry periods.

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Haryana's thermal power plants in NCR to be shut if emission norms not met by 2020: EPCA

The Ministry of Environment, Forests and Climate Change had in 2015 come up with new norms for coal-based power plants to cut down emissions of particulate matter (PM10), sulphur dioxide (SO2) and oxides of nitrogen.

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Second nuclear plant at TN's Kudankulam stops operation

The second 1,000 MW nuclear power unit at Kudankulam, owned by the Nuclear Power Corporation of India Ltd (NPCIL) stopped power generation on Saturday.

from Energy-Industry-Economic Times https://ift.tt/2P1BL5y
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Friday, October 18, 2019

Bhushan Power misused bank loans to route funds to promoter cos: ED

BPSL had devised a peculiar modus operandi to siphon funds obtained as loans from various banks/financial institutions, said the Enforcement Directorate. BPSL chairman deposed in his statement that Rs 3,330 cr was routed to accounts of four companies

from Energy-Industry-Economic Times https://ift.tt/2J0D9BK
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Allahabad: Soon, solar power plant to come up at City Enclave

Authorities maintaining the enclave have planned to set up an 800 KVA solar power plant at the premises

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Govt to achieve 1 billion tonne coal production: Pralhad Joshi

Coal Minister Pralhad Joshi on Friday said the government will go all the way to achieve 1 billion tonne coal production at earliest and end dependence on imported coal

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India's Reliance Industries reports 18.3% increase in net profit

The consolidated net profit rose to 112.62 billion Indian rupees ($1.58 billion) in the three months ended Sept. 30

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Croissant making inspires renewable energy solution

The art of croissant making has inspired researchers to find a solution to a sustainable energy problem.

from Solar Energy News -- ScienceDaily https://ift.tt/2VU6enJ
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Croissant making inspires renewable energy solution

The art of croissant making has inspired researchers to find a solution to a sustainable energy problem.

from Renewable Energy News -- ScienceDaily https://ift.tt/2VU6enJ
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German network agency awards onshore wind power, solar licences

The Bundesnetzagentur energy markets regulator also said in its statement that it had awarded 153 MW of solar power capacity out of a tender volume of 648 MW, with nearly all permits going to Bavarian bidders

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Demand for power transmission and distribution equipment to grow at 8.2%

According to a prediction by Freedonia Group, a division of MarketResearch.com, demand for electric power transmission and distribution equipment in India is forecast to rise by 8.2% per year to $15.8 billion in 2023

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Demand for power transmission and distribution equipment to grow at 8.2%

According to a prediction by Freedonia Group, a division of MarketResearch.com, demand for electric power transmission and distribution equipment in India is forecast to rise by 8.2% per year to $15.8 billion in 2023.

from Energy-Industry-Economic Times https://ift.tt/2OYWxCQ
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Oil PSUs may not adopt lower taxes to avoid credit loss

Indian Oil Corporation has a MAT credit of ₹2,700 crore and GAIL about ₹2,000 crore.

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UAE, German firms may back BASF-Adani JV

With Abu Dhabi and Borealis coming into the BASF-Adani proposed venture - this would further bolster the overall product portfolio as the investment has already shot up by 75% to Rs 28,000 crore

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2VS1NK0
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Australia backs solar farm for two Fortescue iron ore mines

The mines also use power from a gas-fired plant owned by Alinta

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Coal supply by CIL to power sector drops 7% to 218 MT in Apr-Sept

Fuel supply by Coal India (CIL) in the year-ago period was 235 million tonnes (MT), according to official data

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Thursday, October 17, 2019

JSW, Adani, others express interest in Avantha Power arm

JSW, Adani Power, NTPC, Tata Power-backed Resurgent Power and Singapore-based investors to participate in the bidding of Avantha Group’s Jhabua Power

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2OZJwJd
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Oil companies defer decision to suspend fuel supplies to Air India

The decision to defer the move follows Air India making a written request for regular payments with a promise to clear over Rs 5,000 crore in overdue fuel bills

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MK2Wiw
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RIL becomes first company to hit Rs 9 lakh crore in m-cap on BSE

Brokerages expect RIL’s consolidated profit after tax to grow 6-12 per cent on a YoY basis.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/33GV5JG
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UAE, German cos may back BASF-Adani JV

With Abu Dhabi and Borealis coming into the BASF-Adani proposed venture - this would further bolster the overall product portfolio as the investment has already shot up by 75% to Rs 28,000 crore. This will also be BASF’s biggest investment in India.

from Energy-Industry-Economic Times https://ift.tt/31r6sUz
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Inox Wind declares indefinite lockout at its Rohika plant

The Rohika plant manufactures 900 rotor blades and 1,500 steel towers a year, employing more than 1,200 people directly and indirectly

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India to build 30 gigawatts of renewable plants along western border

The projects, which will be spread across the states of Gujarat and Rajasthan, are part of efforts to expand the country’s renewable capacity and reduce the share of fossil fuels in its energy mix

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MVeakm
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Inox Wind declares indefinite lockout at its Rohika plant

The Rohika plant manufactures 900 rotor blades and 1,500 steel towers a year, employing more than 1,200 people directly and indirectly

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2IX1wAg
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IL&FS completes sale of wind energy assets to Orix

IL&FS said that it has completed the sale of its wind energy assets to Orix Corporation of Japan for Rs 4,900 crore, helping the debt ridden company to resolve its debt of over Rs 4,300 crore.

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HC quashes LRs issued in Adani coal import case

The court said it did not go into merits of LRs issued by a metropolitan magistrate but found that due procedure had not been followed while issuing them.

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Slowdown now hits oil sector; petrol, diesel consumption falls

As per latest the Oil Ministry data, petroleum products demand in India has slipped to its two-year low level in September at 105.7 million tones.

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IL&FS completes sale of wind energy assets to Orix

IL&FS said that it has completed the sale of its wind energy assets to Orix Corporation of Japan for Rs 4,900 crore, helping the debt ridden company to resolve its debt of over Rs 4,300 crore.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2MTFHmr
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India to build 30 gigawatts of renewable plants along western border

The projects, which will be spread across the states of Gujarat and Rajasthan, are part of efforts to expand the country’s renewable capacity and reduce the share of fossil fuels in its energy mix

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Adani partners UAE's Adnoc, Germany's BASF for $4 billion chemical venture

The total investment for establishment of the chemical complex in Gujarat's Mundra is estimated to be up to $4 billion (about Rs 28,400 crore), the companies said in a statement

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Ancient stars shed light on Earth's similarities to other planets

Earth-like planets may be common in the universe, a new study implies. The team of astrophysicists and geochemists presents new evidence that the Earth is not unique.

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Hubble observes first confirmed interstellar comet

Hubble has given astronomers their best look yet at an interstellar visitor -- comet 2I/Borisov -- whose speed and trajectory indicate it has come from beyond our solar system. Comet 2I/Borisov is only the second such interstellar object known to have passed through the solar system.

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Adani partners UAE's Adnoc, Germany's BASF for $4 billion chemical venture

The total investment for establishment of the chemical complex in Gujarat's Mundra is estimated to be up to $4 billion (about Rs 28,400 crore), the companies said in a statement, but did not state which firm will hold how much stake.

from Energy-Industry-Economic Times https://ift.tt/2VTN01E
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India to build 30 gigawatts of renewable plants along western border

The projects, which will be spread across the states of Gujarat and Rajasthan, are part of efforts to expand the country’s renewable capacity and reduce the share of fossil fuels in its energy mix. The plan was discussed at a meeting in Gujarat last week.

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Eyeing economic growth, South Africa seeks to renegotiate old renewables projects

Putting too much pressure on them would risk deterring renewable energy investment just as the country is suffering nationwide power cuts

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Brazilian court okays Renova Energia's filing for bankruptcy protection

Renova Energia said earlier on Wednesday its bankruptcy filing involved a total debt of $745.5 million

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Asansol: Three trapped in coal mine in Kulti, rescue operation underway by NDRF

According to locals, the incident occurred when four people tried to dig the mine illegally, of which three got trapped in it

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IL&FS completes sale of wind energy assets to Orix

IL&FS said that it has completed the sale of its wind energy assets to Orix Corporation of Japan for Rs 4,900 crore, helping the debt ridden company to resolve its debt of over Rs 4,300 crore.

from Energy-Industry-Economic Times https://ift.tt/2MMZGmK
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Belgian solar car team wins 3,000-km race through Australian outback

The Bridgestone World Solar Challenge is one of the world's most prestigious solar car races created to foster development of experimental, solar-powered vehicles by university students

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IL&FS completes sale of wind energy assets to Orix

The seven operating wind power SPVs, with 874 MW of generation capacity, were held under IL&FS Wind Energy Ltd, a subsidiary of IL&FS

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Fuel demand drops to its lowest in two years

According to govt data, the consumption of petroleum products in September dropped to 16.01 million tonnes, its lowest since July 2017, from 16.06 mt in the same month last year

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2Bi5lMb
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IL&FS completes sale of wind energy assets to Orix

The seven operating wind power SPVs, with 874 MW of generation capacity, were held under IL&FS Wind Energy Ltd, a subsidiary of IL&FS

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2pq5w5s
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UP power minister orders special audit of distribution companies

The orders were given during a review meeting on power purchase by the UP Power Corporation

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MP invites bids for 10.8 Megawatt rooftop solar power projects

Solar projects are being set up in MP under the RESCO model as part of the Rooftop Solar Program of the centre with support from The World Bank and International Solar Alliance.

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Investor sentiment in renewable energy sector could be hurt if issues persist: CRISIL

Large green energy producers are currently managing the stress arising from payment delays by distribution companies in Andhra Pradesh and Telangana

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Investor sentiment in renewable energy sector could be hurt if issues persist: CRISIL

Large green energy producers are currently managing the stress arising from payment delays by distribution companies in Andhra Pradesh and Telangana

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Wednesday, October 16, 2019

Oil prices fall as data points to huge build in U.S. stocks

Global benchmark Brent crude oil futures had fallen by 40 cents, or 0.7%, to $59.02 a barrel by 0110 GMT.

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Coal shortage has impacted aluminium production: Nalco

Nalco fully depends upon Mahanadi Coalfields Ltd (MCL) -- a Coal India arm -- for supply of coal to its CPP at Angul and steam and power plant at Damanjodi.

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India’s largest floating solar plant to come up in MP

There is only one other floating power project in India — a 100MW one, run by NTPC in Andhra Pradesh. There is another 150MW plant in the pipeline at Rihand Dam, Uttar Pradesh.

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North-East gas grid to get Rs 5,500 crore viability gap funding

The Modi govt wants to turn India into a gasbased economy and is encouraging massive investments in gas production, transportation and import terminals to have increased countrywide access to the fossil fuel.

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Renew Power elevates Sanjay Varghese to Executive Vice President

In his new role Varghese will head the solar business of the company and report directly to Chairman and Managing Director (CMD) Sumant Sinha, Renew Power said in a statement.

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India’s largest floating solar plant to come up in MP

There is only one other floating power project in India — a 100MW one, run by NTPC in Andhra Pradesh. There is another 150MW plant in the pipeline at Rihand Dam, Uttar Pradesh.

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EnBW finalises decision to build Germany's biggest solar park

A 180 MW solar park will start up by the end of next year at Weesow-Willmersdorf in Brandenburg state, able to supply 50,000 households

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India on track to achieve 175 GW of renewable energy by 2022: Govt

Power minister R K Singh said that India has a huge potential because the energy demand is here

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Calcium batteries: New electrolytes, enhanced properties

Calcium-based batteries promise to reach a high energy density at low manufacturing costs. This lab-scale technology has the potential for replacing lithium-ion technology in future energy storage systems. Using the electrolytes available, however, it has been impossible so far to charge calcium batteries at room temperature. Researchers of Karlsruhe Institute of Technology (KIT ) now present a promising electrolyte class, with which this will be possible.

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India on track to achieve 175 GW of renewable energy by 2022: Govt

Power minister R K Singh said that India has a huge potential because the energy demand is here

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India's September fuel demand slips to its lowest in over 2 years

Consumption of fuel has touched its lowest since July 2017 indicating that the economy is in the throes of a slowdown. Diesel, which is mostly used in commercial vehicles and farms, witnessed a drop in consumption of more than 3 per cent in September.

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Inox Wind signs additional deal for 50-MW project with Adani

The project is part of the capacity won under Solar Energy Corporation of India bids for wind power projects connected on the central grid

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Freyr Energy to scale up solar operations

Freyr Energy, is a Pan-India player in the solar business, established in 2014. It runs through 400 partners and has collaborations in multiple countries

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Solar power sector facing slowdown, outlook downgraded: ICRA

The solar capacity slowdown has begun and has continued over the past 12-15 months, reflecting in FY2019 capacity addition which was 6.5 GW compared to 9.4 GW in FY2018

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Solar power sector facing slowdown, outlook downgraded: ICRA

The solar capacity slowdown has begun and has continued over the past 12-15 months, reflecting in FY2019 capacity addition which was 6.5 GW compared to 9.4 GW in FY2018

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ONGC Videsh makes two new oil discoveries in Colombia, Brazil

ONGC Videsh struck an oilfield in Colombia and a major natural gas discovery in the deep offshore exploration in Brazil thereby strengthening its reserves in Latin America. Earlier in 2017 and 2018, OVL had discovered Mariposa-1 and Indico-1.

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HC breather to Andhra discoms on LCs to wind, solar firms

The AP government stopped procuring renewable energy and, by extension, did not provide LCs to to renewable energy companies. A Power Ministry order directed them to do so before October 15, which has been delayed by 3 weeks by the HC while they review the case.

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Review of PPAs: Reprieve for discoms as Andhra HC stays notice

The court on Tuesday stayed the Centre’s notice

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Work starts at NHPC's 2,000-MW hydro power project along Assam-Arunachal Pradesh

Lower Subansari project had snowballed into political issue during the 2014 Lok Sabha election

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Tuesday, October 15, 2019

Nayara Energy supplying fuel to Rosneft in exchange for Venezuelan oil

The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units

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India urges against more output cuts; Opec won’t let slump recur

Opec has said that it will do whatever is possible to ensure that stability in oil production is sustained. India is a key consumer and has urged Opec members to avoid output cuts. Oil prices have come down $10 per barrel from a month ago.

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Andhra Pradesh regulator approves solar power tariffs

In a breater for successful bidders, Andhra Pradesh power regulator has approved solar power tariffs arrived at in the auction. State discoms had delayed adopting the tariffs until approved meanwhile others had started construction.

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BPCL strategic sale could take place at Rs 510-Rs 1100 a share

The various valuation methods reflect a valuation range of Rs 510- Rs 1,100 per share.

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India readies policy to attract foreign investment in coal mining

"We are formulating various policies within the coal ministry to attract foreign investment. Hopefully within a fortnight or a month's time we will come out with a policy," Joshi said at the India Energy Forum by CERAWeek.

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Andhra regulator approves solar power tariffs

They had been given a scare by the state’s power distribution companies which kept delaying adopting the tariffs arrived at in the auctions

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Warren Buffett-backed Canadian firm announces $200 million Alberta wind farm

The 117.6 megawatt (MW) Rattlesnake Ridge Wind project will produce enough energy to supply the equivalent of 79,000 homes, said BHE Canada, which is backed by Buffett's Omaha-based Berkshire Hathaway Inc.

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Andhra regulator approves solar power tariffs

They had been given a scare by the state’s power distribution companies which kept delaying adopting the tariffs arrived at in the auctions

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Tellurian to sell LNG at a lower rate of $6 to India

US based Tellurian Inc has agreed to deliver liquefied natural gas to India at $6 per unit, which is significantly lower than the ceiling. Tellurian says that its price will still be competitive with its production cost ranging around $2/mmbtu.

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Banks plan to recast Rs 4,000 crore CG Power loans

Lenders of the fraud hit CG Power plan an easier moratorium on repayment of loans and are also considering whether the company needs emergency funding, the banks have appointed SBI Capital Markets to prepare a resolution plan for the same.

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Oil companies say Air India not honouring Rs 100 crore/month payment promise

Air India owes IOC about Rs 2,700 crore in unpaid fuel bills. This includes Rs 450 crore of interest. It's outstanding towards the three oil firms is about Rs 5,000 crore including interest.

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Oil firms say Air India not honouring Rs 100 crore per month payment promise

Air India owes IOC about Rs 2,700 crore in unpaid fuel bills. This includes Rs 450 crore of interest. Its outstanding towards the three oil firms is about Rs 5,000 crore including interest.

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Reliance Industries resumes Venezuela oil imports in barter deal

RIL, which was forced to cap crude imports from Venezuela following pressure from the United States, can now resume crude imports under the barter system.

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Syska introduces Mosguard LED lights

In its endeavour to offer technology-led lighting solutions to consumers, Syska has been launching innovative products under its LED lighting category

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Indian Oil to raise Rs 3,000 crore via rupee denominated bond issue

The bond issue will be of Rs 1,000 crore with a greenshoe option of another Rs 2,000 crore

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Renova Energia CFO out after Light divestiture, failure to sell Brazil wind farms

Renova Chief Executive Officer Cristiano Correa de Barros will temporarily assume the responsibilities of outgoing Chief Financial Officer Claudio Ribeiro, the company said on Monday

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Saudi Aramco interested in buying government's stake in BPCL

The Indian government is looking at selling its 53.29 per cent stake in BPCL to a strategic investor.

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Saudi Aramco interested in buying government's stake in BPCL

The Indian government is looking at selling its 53.29 per cent stake in BPCL to a strategic investor.

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Reliance Industries resumes Venezuela oil imports in barter deal

RIL, which was forced to cap crude imports from Venezuela following pressure from the United States, can now resume crude imports under the barter system.

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Goa University teaches 200 school students how to make lasting solar lamps

The workshop was conducted to commemorate 150 years of Mahatma Gandhi Jayanti all over the world in 180 countries, targeting 1 million students, who will be 'solar ambassador' for the world

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Global oil majors see surge in Indian demand for natural gas

Total has committed to investing $600 million in India's gas business.

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Monday, October 14, 2019

India to chart its own course of energy transition: Dharmendra Pradhan

Given its huge energy appetite and growth potential, India will be the key driver of global energy demand in the coming decades, the minister said.

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German consumers face higher green power levy in 2020

Would add up to 40 euros to typical annual household bill

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Cabinet to consider splitting GAIL, pipeline business not to be sold before 2022

A proposal is likely to be moved before the Union Cabinet for transferring the pipeline business into a 100 per cent subsidiary, sources said.

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Cabinet to consider splitting GAIL, pipeline business not to be sold before 2022

A proposal is likely to be moved before the Union Cabinet for transferring the pipeline business into a 100 per cent subsidiary, sources said.

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India holds 100 Tcf of gas reserves, enough to meet half of demand till 2050: BP chief

Also, the company is expanding the partnership into fuel retailing that will entail scaling up RIL's present network of 1,400 petrol pumps to 5,500 by 2023

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Govt committed to provide eco-friendly energy security to India: Sitharaman

The Finance Minister said that the concerned Ministry is "moving away from coal base to open renewable sources of energy".

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Renewables overtake hydrocarbons in UK electricity generation: study

Renewable sources generated more of Britain's electricity than fossil fuels for the first time last quarter

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Total, RIL unlikely to bid for BPCL; BP wants to see whats on offer

The government is looking at selling its 53.29 per cent stake in BPCL to a strategic investor in the biggest privatisation bid in the history of India.

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ExxonMobil, Indian Oil Corporation ink natural gas pact

Indian Oil is the second-biggest gas marketer in the country. It operates an LNG terminal at Ennore on the east coast.

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