While VC funding in smart grid jumped to $185 million globally in the first quarter of 2015, the solar sector drew the maximum attraction with $6.4 billion funding in the same period. WhatĂ´s more, there was a record growth in residential and commercial solar funds to the tune of $1.9 billion.
Category: Power & New and Renewable Energy
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Smart power solutions for smart cities
Good quality power enables a technologically advanced set-up to facilitate good quality of life for people by delivering Ă´smart conceptĂ´ in a holistic manner. For example, e-mobility is a critical aspect of a smart city
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Setting up of green energy projects
In order to provide low cost finance to renewable energy projects, Government announced its commitment in the Budget for 2013-14 to provide funds from the NCEF to Indian Renewable Energy Development Agency (IREDA) to on-lend to viable renewable energy projects.
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Govt invokes Electricity Act
The Union Ministry of Power has told the Central Electricity Regulatory Commission (CERC) to ensure the rates for power produced from auctioned coal blocks won by power producers do not exceed what was concluded in power purchase agreements (PPAs).
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Bangladesh to import 500 MW power from India
The Executive Committee of the National Economic Council (ECNEC), chaired by Prime Minister Sheikh Hasina, has cleared the 55 km line from Bherhamara to Indias Baharampur at an estimated Tk 14.05 billion. Besides this, she also gave her permission for the project for erection of line from Indias Tripura to Comilla
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Telangana in CentreĂ´s list for 24×7 power
The Centre has in principle agreed to include power-starved Telangana in the Power For All (PFA) scheme, which means 24x7 power supply to the state, that will take two years to implement (i.e.2017-18), state government sources said.
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BHEL bags Rs.5,000 crore contract from Telangana
Power equipment maker BHEL has bagged over Rs 5,000 crore contract for executing a thermal power project in Telangana. Ă´Telangana State Power Generation Corporation (TSGENCO) has awarded BHEL with an EPC (Engineering, Procuremen
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NTPC inks PPA for solar project in AP
NTPC Limited and Andhra Pradesh power utilities signed a power purchase agreement (PPA) for procurement of power to be generated from the 250 MW solar plant
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ACME signs pacts for 30 MW solar plants in UP
Green energy player ACME has signed power purchase pacts for 30 MW solar photo-voltaic power projects with Uttar Pradesh Power Corporation Ltd.
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Rooftop solar panels for WB Govt buildings
The West Bengal State Government has decided to install rooftop solar panels in as many government buildings