NSEFI Member in News

Higher Execution of Solar EPC Projects Pushes Tata Power’s Revenues Up 14% YoY

Tata Power declared its financial results for FY 2021 and recorded a 14% growth in consolidated revenues at ?330.79 billion (~$4.49 billion).Read More

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Cabinet approves INR 18,100-crore incentives for advanced battery storage production

The production-linked incentive scheme for battery storage, with an outlay of INR 18,100 crore (US$ 2459 million), is intended to build a cumulative 50 GWh of advanced chemistry cell (ACC) and 5 GWh of ‘niche’ ACC production facilities in India.Read More

Chhattisgarh Floats Tender for 20,000 Solar Pumps

Chhattisgarh State Renewable Energy Development Agency (CREDA) has invited bids for 20,000 solar pumps in the state. The tender seeks...Read More

Renewables accounted for 64% of India’s electricity generation capacity addition in FY21

India added 7.7 GW of new renewable energy (RE) capacity in FY2020-21, out of which 5.5 GW (71%) came from solar (grid-scale and rooftop) alone. Overall power generation capacity addition for the year stood at 12.1 GW.Read More

Green hydrogen supply chain concerns

With South Africa holding 63,000 of the world’s estimated 69,000 metric tons of platinum reserves – according to the Statista.com website – and Russia and Zimbabwe a further 5,100 between them, the European Commission has cited the metal as an example of a potential supply chain bottleneck that could handicap its grand plans for renewables-powered hydrogen production.Read More