State-owned SJVN Ltd on Saturday said it has bagged a contract from Punjab State Power Corporation Ltd (PSPCL) for the development and procurement of 1,200 MW of solar power entailing an investment of Rs 7,000 crore. ”SJVN Green Energy Ltd (SGEL; a wholly owned subsidiary of SJVN) will develop a …
Read More »Oil markets to face ‘serious problems’ as demand rises: IEF
Oil prices are expected to increase in the second half of 2023, according to the International Energy Forum. Christopher Furlong | Getty Images News | GettyImages Oil prices are set to rise in the second half of the year as supply struggles to meet demand, according to the Secretary General …
Read More »India may build solar infra in Pacific island nations amid Chinese push
New Delhi: India is considering expanding its solar STAR-C initiative, run by the International Solar Alliance, to a number of Pacific Island countries, according to persons aware of the matter. The program aims to boost solar energy ecosystems in the poorest countries. In the Pacific, it currently runs in Tonga. …
Read More »Solar panels on water canals seem like a no-brainer. So why aren’t they widespread?
DENVER (AP) — Back in 2015, California’s dry earth was crunching under a fourth year of drought. Then-Governor Jerry Brown ordered an unprecedented 25% reduction in home water use. Farmers, who use the most water, volunteered too to avoid deeper, mandatory cuts. Brown also set a goal for the state …
Read More »Yellen: US works to boost investment for India clean energy push
GANDHINAGAR, India (Reuters) — The US is working with India to develop ways to lower the cost of capital and increase private investment to fast-track India’s energy transition, US Treasury Secretary Janet Yellen said on Monday. After a bilateral meeting with India’s finance minister, Nirmala Sitharaman, on the sidelines of …
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