The Leading Solar Magazine In India https://www.eqmagpro.com Wed, 22 Feb 2023 08:59:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.0 https://www.eqmagpro.com/wp-content/uploads/2019/05/cropped-eq-logo-32x32.png The Leading Solar Magazine In India https://www.eqmagpro.com 32 32 Juniper Research: EV Charging to Generate $300 Billion Globally by 2027, as Siemens Ranked Market Leader https://www.eqmagpro.com/juniper-research-ev-charging-to-generate-300-billion-globally-by-2027-as-siemens-ranked-market-leader/?utm_source=rss&utm_medium=rss&utm_campaign=juniper-research-ev-charging-to-generate-300-billion-globally-by-2027-as-siemens-ranked-market-leader Wed, 22 Feb 2023 08:59:54 +0000 https://www.eqmagpro.com/?p=305894 BASINGSTOKE, England : A new study from Juniper Research has found revenue from EV (Electric Vehicle) charging will exceed $300 billion globally by 2027; up from $66 billion in 2023. The report, EV Charging: Key Opportunities, Regional Analysis & Market Forecasts 2023-2027, found fragmentation in charging networks is restricting EV adoption.

Chargers are overwhelmingly located in urban areas; leading to widespread range anxiety among potential drivers. This is coupled with the difficulty of accessing charging points via different apps and cards, as well as lack of standards for charging vehicles at the same rate. As such, EV charging networks must simplify access and work with local authorities to roll out chargers to a wider range of locations, or the EV market will struggle to accelerate.

For more insights, download our free whitepaper: Why EV Charging Infrastructure Is Surging

Siemens Tops Juniper Research Competitor Leaderboard

The research assessed leading EV charging vendors and evaluated them on a number of criteria, including depth and breadth of offerings, innovation and future prospects; providing extensive analysis of the competitive landscape in this dynamic market.

The Competitor Leaderboard ranked the three leading vendors as follows:

  1. Siemens
  2. ChargePoint
  3. ABB

Research author Jordan Rookes explained further: “Siemens demonstrates an intricate knowledge of the market; targeting currently underserved segments, particularly public transport and fleets. Competing vendors must diversify their portfolio away from just home and public chargers, and start targeting alternative high-growth market segments to maximise their market share.”

Charging Vendors Must Leverage Loyalty to Differentiate

The research also predicts by 2027, the total number of plug-in vehicles will surpass 137 million globally; up from 49 million in 2023. As this adoption grows, charging vendors must differentiate their services in a highly fragmented market. As such, it is important for EV charging vendors to target consumers as early as possible to build brand loyalty. Accordingly, vendors must develop strategic partnerships with automotive manufacturers, offering benefits such as discounted rates to encourage owners of certain EV brands to use their charging stations; helping EV charging vendors remain competitive.

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.

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Servotech Power, Dubai’s Al-Ansari Motors ink pact to install EV charging solutions https://www.eqmagpro.com/servotech-power-dubais-al-ansari-motors-ink-pact-to-install-ev-charging-solutions/?utm_source=rss&utm_medium=rss&utm_campaign=servotech-power-dubais-al-ansari-motors-ink-pact-to-install-ev-charging-solutions Wed, 22 Feb 2023 08:57:07 +0000 https://www.eqmagpro.com/?p=305891 New Delhi : Homegrown Servotech Power Systems Ltd (SPSL) has inked a pact with Dubai-based Al Ansari Motors to provide electric vehicles charging solutions to the Middle Eastern and African markets. The two entities have signed a sole distributorship agreement, which will see Al Ansari Motors bring Servotech’s EV charging capabilities to the potential electric vehicle adopting segment in these markets, SPSL said in a statement on Monday.

Al Ansari Motors LLC is into motor vehicles and accessories trading, it said.

Raman Bhatia, Founder and MD of SPSL said, the Middle East and Africa present a huge untapped market potential and a sea of potential electric vehicle users. Each charging point installed under the pact will be accessible to all electric four-wheelers.

Mohammad Humaid Alansari, Founder at Al Ansari Motors said: “This pact gives us a chance to make Servotech’s extensive EV charging solutions more accessible and affordable in our native markets. This will result in both generating sustainable profits and evolving the future of electric vehicles.”

The partnership aims to create an organised and integrated EV charging infrastructure in the Middle East and African region while also offering a firm path for future developments with cutting-edge technology and faster charging speeds, the statement said.

Source : pti
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BEST to introduce 15 EV charging station by March first week https://www.eqmagpro.com/best-to-introduce-15-ev-charging-station-by-march-first-week/?utm_source=rss&utm_medium=rss&utm_campaign=best-to-introduce-15-ev-charging-station-by-march-first-week Wed, 22 Feb 2023 08:50:57 +0000 https://www.eqmagpro.com/?p=305888 There are a few BEST EV charging stations in the city at present, however, it is not open for public or private EV users.

The Brihanmumbai Electric Supply and Transport undertaking (BEST) will introduce 15 electric vehicle (EV) charging stations by the first week of March for public use across the city. These EV charging stations will be located at NSCI in Worli, Colaba, Back Bay, Mantralaya, Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, Hiranandani bus stand, Tardeo bus station, Bandra Reclamation, Bandra (East) bus station, Mahim bus station, Bandra (west) bus station, Goregaon (West) bus station, Seven Bungalows bus station, and Walkeshwar bus station.

According to BEST General Manager Lokesh Chandra, more such EV charging stations will come up across Mumbai to ensure a clean environment and secure a sustainable energy future. Chandra said, “As EV buying is gaining momentum, there will be a demand for such charging stations and therefore, BEST has taken steps to set up the infrastructure. This will also encourage more people to buy EVs.”The official also said that while setting up one EV charging station, the most important factor is the availability of space. BEST depots or stands, which are spacious, have been considered to ensure free movement of vehicles. After the opening of these 15 EV charging stations under Phase I by March first week, more such facilities would be developed. According to BEST, it has plans to introduce nearly 55 EV charging stations across Mumbai.

To be sure, BEST undertaking is a licensee for electricity distribution only in the island city of Mumbai and not suburban Mumbai. GM Chandra, however, said that this will not prohibit them from setting up the infrastructure for EV charging stations, even in the suburbs. For charging stations outside the island city, power will be procured from other power distributors, Chandra said, adding that a dedicated mobile application is being developed through which private EV users could book slots at these charging stations and come for the service accordingly. This would save time, said Chandra.

There are a few BEST EV charging stations in the city at present, however, it is not open for public or private EV users. At the existing EV charging stations, only BEST buses and their administrative e-vehicles are allowed. Interestingly, the public transport undertaking BEST is inclined to shift all its BEST buses fleet into EV by 2028.

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A shoebox sized circuit breaker can solve the EV charging mess https://www.eqmagpro.com/a-shoebox-sized-circuit-breaker-can-solve-the-ev-charging-mess/?utm_source=rss&utm_medium=rss&utm_campaign=a-shoebox-sized-circuit-breaker-can-solve-the-ev-charging-mess Wed, 22 Feb 2023 08:47:03 +0000 https://www.eqmagpro.com/?p=305885 For all its progressive politics, New York City is largely an EV charging desert. Home to about 2 million registered vehicles, the city has just 1,000 Level 2 public charging plugs — the slower stations that generally work overnight — scattered across 343 stations, according to the US Department of Energy. Fast-charging sites are even harder to find.

Parking isn’t really the problem — the city is full of garages and street-side spots — but electricity is. Every car charger requires a dedicated amount of available juice; put in enough chargers, and the power needed (the so-called demand load) climbs quickly. It’s enough of a logistical headache that the city’s developers have shied away from EV infrastructure, at least on a large enough scale to meaningfully drive adoption.

In Queens, the city’s largest borough, Vrindavanam Murali has been trying to make that charging math work. Murali is president of building consultancy ESD Global, which is tasked with accommodating the energy needs of some 12 apartment projects in the neighbourhood of Jamaica — including supplying each of 1,000 parking spaces with an EV charging cord. His initial calculations suggested the endeavour would take millions of dollars, plus months of wrangling a local utility into digging trenches, laying thicker cables and upgrading transformers. “We immediately saw there was a huge disconnect between the grid availability and the speed at which they wanted to implement the charging,” Murali says.

North Carolina-based Atom has spent nine years developing what it calls a better, smarter circuit breaker — a digital one driven by computer chips and cloud software, rather than the analog version that flips on or off based on physics and mechanics. An Atom breaker is white, about the size of a toddler’s shoe box and tagged with red, yellow and green stickers. Where conventional circuit breakers have springs, levers and magnetics, the most critical part of a 4-pound Atom box are semiconductors not unlike those found in a smartphone.

The company pieces its breakers together at its headquarters just north of Charlotte, along an assembly line of six workstations that look like basement crafting benches. Each breaker powers one charging port, and up to 12 breakers go into one box, or panel. In the next few weeks, almost 100 of Atom’s panels will make their way to Queens.

Because it’s digital, Atom’s breaker isn’t binary; it doesn’t just turn the power on and off. Rather, it can fluctuate the amount of electricity going to each cord like a dimmer switch. If a driver indicates via app that she’ll be out of town for days, the Atom box can dial the juice down to a trickle and amp up electricity to a higher-priority vehicle. If a landlord wants to avoid a time-based spike in electricity prices, the Atom infrastructure can virtually shut off the electron tap, ramping it back up at night when costs are lower. At the buildings in Queens, for example, power prices can swing by a magnitude of five in a single day.Read More…

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EV charging revenue likely to exceed $300 bn globally by 2027 https://www.eqmagpro.com/ev-charging-revenue-likely-to-exceed-300-bn-globally-by-2027/?utm_source=rss&utm_medium=rss&utm_campaign=ev-charging-revenue-likely-to-exceed-300-bn-globally-by-2027 Wed, 22 Feb 2023 08:39:05 +0000 https://www.eqmagpro.com/?p=305872 NEW DELHI : The global electric vehicle (EV) charging revenue is likely to exceed $300 billion by 2027, up from $66 billion in 2023, a report showed on Tuesday.

According to Juniper Research, the total number of plug-in vehicles will surpass 137 million globally by 2027, up from 49 million in 2023.

As the adoption grows, “charging vendors must differentiate their services in a highly fragmented market, ” the report said.

“It is important for EV charging vendors to target consumers as early as possible to build brand loyalty. Accordingly, vendors must develop strategic partnerships with automotive manufacturers, offering benefits such as discounted rates, ” it added.

The leading global EV charging vendors currently are Siemens, ChargePoint and ABB.

“Siemens demonstrates an intricate knowledge of the market; targeting currently underserved segments, particularly public transport and fleets, ” said research author Jordan Rookes.

“Competing vendors must diversify their portfolio away from just home and public chargers, and start targeting alternative high-growth market segments to maximise their market share, ” he added.

Chargers are overwhelmingly located in urban areas, leading to widespread range anxiety among potential drivers.

This is coupled with the difficulty of accessing charging points via different apps and cards, as well as lack of standards for charging vehicles at the same rate.

As such, EV charging networks must simplify access and work with local authorities to roll out chargers to a wider range of locations, or the EV market will struggle to accelerate, said the report.

Source : IANS
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Petition seeking appropriate action by the Commission under Sections 142 and 146 read with Section 149 of the Electricity Act, 2003 for non-compliance of Ombudsman’s Order and violation of the Regulation – EQ Mag Pro https://www.eqmagpro.com/petition-seeking-appropriate-action-by-the-commission-under-sections-142-and-146-read-with-section-149-of-the-electricity-act-2003-for-non-compliance-of-ombudsmans-order-and-violation-of-the/?utm_source=rss&utm_medium=rss&utm_campaign=petition-seeking-appropriate-action-by-the-commission-under-sections-142-and-146-read-with-section-149-of-the-electricity-act-2003-for-non-compliance-of-ombudsmans-order-and-violation-of-the Wed, 22 Feb 2023 07:06:19 +0000 https://www.eqmagpro.com/?p=305875 Petition seeking appropriate action by the Commission under Sections 142 and 146 read with Section 149 of the Electricity Act, 2003 for non-compliance of Ombudsman’s Order and violation of the Regulation

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TSREDCO issue Design, Supply, Installation, Testing and Commissioning of aggregated capacity of 1140KW (485KW + 355KW + 300KW) Grid Connected Rooftop Solar PV power plants at various Govt. Buildings in all over Telangana State. – EQ Mag Pro https://www.eqmagpro.com/tsredco-issue-design-supply-installation-testing-and-commissioning-of-aggregated-capacity-of-1140kw-485kw-355kw-300kw-grid-connected-rooftop-solar-pv-power-plants-at-various-govt-buildings-i/?utm_source=rss&utm_medium=rss&utm_campaign=tsredco-issue-design-supply-installation-testing-and-commissioning-of-aggregated-capacity-of-1140kw-485kw-355kw-300kw-grid-connected-rooftop-solar-pv-power-plants-at-various-govt-buildings-i Wed, 22 Feb 2023 06:38:59 +0000 https://www.eqmagpro.com/?p=305871

TSREDCO issue Design, Supply, Installation, Testing and Commissioning of aggregated capacity of 1140KW (485KW + 355KW + 300KW) Grid Connected Rooftop Solar PV power plants at various Govt. Buildings in all over Telangana State

kindly view below for more info :

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What is environmental sustainability? https://www.eqmagpro.com/what-is-environmental-sustainability/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-environmental-sustainability Wed, 22 Feb 2023 06:01:17 +0000 https://www.eqmagpro.com/?p=305864 Environmental sustainability is the practice of ensuring responsible stewardship of our planet.

reen is here to stay. Whatever else our societies and economies may face—global pandemics, protracted war—the climate challenge is a constant and will become thornier for future generations. Environmental sustainability is the practice of protecting our planet from degradation and restoring natural ecosystems to enable greater prosperity and resilience. An environment that’s well cared for sustains healthier communities and a better quality of life for current and future generations. It is also a safer place to live. To steward our planet for generations to come, we need to shape new, renewable energy systems that rely a lot less on fossil fuels.

There are significant growth opportunities for early adopters—including companies, community leaders, governments, and individuals. Here’s what you need to know to seize the opportunity.

Environmental sustainability is the practice we must achieve to successfully steward our planet, net zero is the goal that companies and global leaders have set to achieve carbon neutrality, and decarbonization is one strategy to help meet this goal. (For more on net zero, check out “What is net zero?” from McKinsey Explainers.) Read More…

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Lessons from leaders on green business building https://www.eqmagpro.com/lessons-from-leaders-on-green-business-building/?utm_source=rss&utm_medium=rss&utm_campaign=lessons-from-leaders-on-green-business-building Wed, 22 Feb 2023 05:57:40 +0000 https://www.eqmagpro.com/?p=305861 Companies in all sectors are rushing to make bold moves to decarbonize and progress to a net-zero world and capture the trillion-dollar opportunity across industries. Hear insights from leaders who have successfully built and scaled green businesses, from those in energy, food—alternative proteins, agriculture, green tech, buildings, consumer packaged goods, among others.

Table of contents

  1. A trillion-dollar opportunity at stake
  2. The secret recipe
  3. Winning the first hearts
  4. Building the dream team
  5. Tackle the challenges head-on

 

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Verizon unveils 410 MW of renewable PPAs https://www.eqmagpro.com/verizon-unveils-410-mw-of-renewable-ppas/?utm_source=rss&utm_medium=rss&utm_campaign=verizon-unveils-410-mw-of-renewable-ppas Wed, 22 Feb 2023 05:52:39 +0000 https://www.eqmagpro.com/?p=305857 US telecoms group Verizon Communications Inc (NYSE:VZ) today unveiled four long-term power purchase agreements (PPAs) for 410 MW of renewable energy capacity, meaning it has now surpassed 3 GW of such agreements.

The company has signed 24 PPAs since 2019, including for over 800 MW of capacity that is now operational. It has contracted 180 MW of Duke Energy’s just commissioned 207-MW Ledyard Windpower project in Iowa.

The new deals include two contracts for up to 240 MW with Invenergy, for a facility in the Electric Reliability Council of Texas (ERCOT) market that started operations in 2022 and a facility in the Southwest Power Pool (SPP) regional market.

Verizon has also signed a 12-year agreement with Enel North America for up to 100 MW from a wind project in the SPP market that came onstream in December 2022.

The fourth PPA is with an unnamed party. It is for up to 70 MW from a facility in the Pennsylvania Jersey Maryland (PJM) Interconnection regional market.

The projects will contribute to the company’s target of meeting 50% of its annual electricity consumption with renewables by 2025.

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Denmark gears up for 9 GW of offshore wind tendering – EQ Mag Pro https://www.eqmagpro.com/denmark-gears-up-for-9-gw-of-offshore-wind-tendering-eq-mag-pro/?utm_source=rss&utm_medium=rss&utm_campaign=denmark-gears-up-for-9-gw-of-offshore-wind-tendering-eq-mag-pro Wed, 22 Feb 2023 05:50:06 +0000 https://www.eqmagpro.com/?p=305850 Denmark gears up for 9 GW of offshore wind tendering

Denmark’s Minister for Climate, Energy and Utilities Lars Aagaard sought to reassure the offshore wind industry as he said on Monday that the government will start auctions for 9 GW of offshore wind this year.

Negotiations on the framework for these tenders are planned to begin next month, with the goal of having the capacity in operation by 2030. The turbines would supply green electricity to Denmark and Europe and could also power Danish power-to-X (PtX) projects.

In addition, the minister said the government is studying how to allow developers to build more wind turbines at the sites designated for tenders, which could increase the planned 9 GW of capacity.

“In addition to negotiating the 9 GW of offshore wind, we also need to decide in the spring how the energy island in the North Sea is to be offered to tender,” added Aagaard.

In parallel, the government is seeking a quick clarification on whether offshore wind projects under the open door scheme are in breach of EU regulations. The scheme was suspended earlier in February sparking anger from the industry. The minister admitted this creates uncertainty and said that there is a dialogue with the EU Commission at all levels.

Industry group Green Power Denmark welcomed the announcement that government tenders are getting underway but emphasised that a solution to the open-door scheme is urgently needed.

Green Power Denmark chief executive Kristian Jensen said that if the offshore wind turbines are to be spinning before 2030 and providing power for the country’s climate goals, the entire planned capacity should be offered at once and not one offshore wind farm at a time.

The planned 9 GW stems from the Climate Agreement on Green Electricity and Heat from June 2022.

Source: renewablesnow
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ADB Provides $20 Million Loan to Wyntron to Manufacture EV Charging Equipment in the Philippines https://www.eqmagpro.com/adb-provides-20-million-loan-to-wyntron-to-manufacture-ev-charging-equipment-in-the-philippines/?utm_source=rss&utm_medium=rss&utm_campaign=adb-provides-20-million-loan-to-wyntron-to-manufacture-ev-charging-equipment-in-the-philippines Wed, 22 Feb 2023 05:49:38 +0000 https://www.eqmagpro.com/?p=305854 MANILA, PHILIPPINES : The Asian Development Bank (ADB) and Wyntron Inc. (Wyntron) has reached financial close for a $20 million loan for capital expenditure to expand the manufacture and export of electric vehicle (EV) charging equipment in the Philippines.

The financing will be used to purchase and refurbish production facilities and to procure essential machinery to support Wyntron’s production capacity expansion in Cavite Industrial Park in the South of Manila. Wyntron will expand the production of alternating current (AC) EV charger stations for residential and commercial purposes. The stations will be capable of overnight or 4- to 6-hour fast charging, and include the EV charging equipment with bi-directional functionalities that allow a charged car battery to provide power to the home grid through the charger.

“Charging equipment is a critical component in the EV global value chain and is essential in the decarbonization of the transport sector and the global reduction of greenhouse gas emissions,” said ADB Private Sector Operations Department Director General Suzanne Gaboury. “This assistance will provide a significant boost to the Philippines’ EV-related manufacturing industry, helping to generate export revenue, and providing new jobs and training for local skilled workers, engineers, and graduates.”

Additionally, ADB will help Wyntron to develop a gender action plan to enhance women’s participation in management training and career development programs, provide paid on-the-job internships for female engineering students, and have human resources officers trained on anti-sexual harassment and gender equality programs.

“With this investment, Wyntron will be able to substantively increase our competitiveness, in both quantity and quality, within the burgeoning global EV charging equipment market,” said Wyntron Chairperson SungHyuk Steven Lee. “We highly appreciate ADB’s responsiveness in this deal and see this as a mark of trust and faith in our company and our people.”

Wyntron was incorporated in 2006 in the Philippines as part of the Danam Group based in the Republic of Korea. Danam Group was founded in 1985 with interests in telecommunications and navigation research, aerospace and electronics manufacturing.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

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Renewables to dominate growth of global electricity supply: IEA report https://www.eqmagpro.com/renewables-to-dominate-growth-of-global-electricity-supply-iea-report/?utm_source=rss&utm_medium=rss&utm_campaign=renewables-to-dominate-growth-of-global-electricity-supply-iea-report Wed, 22 Feb 2023 05:42:44 +0000 https://www.eqmagpro.com/?p=305851 New Delhi : Renewable sources are expected to dominate the growth of the global electricity supply over the next three years as together with nuclear power they meet the vast majority of the increase in global demand, according to a new International Energy Agency (IEA) report.

The rise in the adoption of renewables would help in reducing carbon emissions from the power sector.

After slowing slightly (by 2 per cent) last year amid the turmoil of the global energy crisis and extreme weather conditions in some regions, the growth in world electricity demand is expected to accelerate to an average of 3 per cent over the next three years, the IEA’s Electricity Market Report 2023 said.

India’s electricity consumption rose strongly in 2022, while China’s growth was subdued due to its zero-Covid policy.

“Emerging and developing economies in Asia are the driving forces behind this faster pace…,” said the report.

More than 70 per cent of the increase in global electricity demand is expected to come from China, India and Southeast Asia, it said, with a rider that considerable uncertainties remain over trends in China as its economy emerges from strict Covid restrictions.

“The good news is that renewables and nuclear power are growing quickly enough to meet almost all this additional appetite, suggesting we are close to a tipping point for power sector emissions,” said the agency’s executive director Fatih Birol.

Birol added governments the world over now need to enable low-emission sources to grow even faster and drive down emissions so that the world can ensure secure electricity supplies in line with climate goals.

The new IEA report also noted that electricity demand and supply worldwide are becoming increasingly weather dependent, with extreme conditions a recurring theme last year.

In addition to the drought in Europe, there were heatwaves in India, resulting in the country’s highest-ever peak in power demand. Similarly, central and eastern regions of China were hit by heatwaves and drought, which caused demand for air conditioning to surge. The United States also saw severe winter storms in December, triggering massive power outages.

Source : ANI
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SECI Issue Tender for Design, Engineering, Supply, Construction, Erection, Testing, Commissioning including 5 Years Plant O&M of 2MW (AC) Solar PV Power Plant with 01 MWh BESS at KAZA, Himachal Pradesh. – EQ Mag Pro https://www.eqmagpro.com/seci-issue-tender-for-design-engineering-supply-construction-erection-testing-commissioning-including-5-years-plant-om-of-2mw-ac-solar-pv-power-plant-with-01-mwh-bess-at-kaza-himachal-prades/?utm_source=rss&utm_medium=rss&utm_campaign=seci-issue-tender-for-design-engineering-supply-construction-erection-testing-commissioning-including-5-years-plant-om-of-2mw-ac-solar-pv-power-plant-with-01-mwh-bess-at-kaza-himachal-prades Wed, 22 Feb 2023 05:38:35 +0000 https://www.eqmagpro.com/?p=305844 Tender for Design, Engineering, Supply, Construction, Erection, Testing, Commissioning including 5 Years Plant O&M of 2MW (AC) Solar PV Power Plant with 01 MWh BESS at KAZA, Himachal Pradesh.

1. Prospective bidders may visit the site any day up to 04.03.2023. Bidders are requested to send a line of confirmation with planned dates for site visit at prashantu@seci.co.in and umesh.patidar@seci.co.in prior to commencement of site visit.

2. For logistics related queries for site visit, bidders may contact Shri Manish Arya, Sr Xen Elect Division , HPSEBL, Kaza ( Mob. No.: 7018466489).

For further details on the Project, bidders may contact Shri Atul Bhatia, Superintending Engineer Electrical (Design), HPSEBL (Mob. No.: 7833880514 or Er. Neelam, Senior Exec. Engineer, HPSEBL (Mob. No.: 9418856614)

Suggested Route Info:

Tentative time and distance for reaching the Project Site, from Shimla (by Road):

Shimla to Rampur : 140 km, (Duration 04:30 hr);

Rampur to Rekong Peo: 100 km (Duration: 4 hr);

Rekong Peo to Pooh: 60 km (Duration: 01:30 hr)

Total Shimla to Pooh: 300 km (Duration: 10 hr)

Pooh to Kaza: 140 km (05:30 hr)

Bidders may stay at Pooh, then visit site on subsequent day and come back to Pooh.

The Pre-bid meeting shall be held on 06.03.2023. The time and venue for the same shall be notified at a later date.

kindly visit  (www.seci.co.in ) link for more info:

 

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Net Zero is Net Positive for the Global South, says Shri Jayant Sinha https://www.eqmagpro.com/net-zero-is-net-positive-for-the-global-south-says-shri-jayant-sinha/?utm_source=rss&utm_medium=rss&utm_campaign=net-zero-is-net-positive-for-the-global-south-says-shri-jayant-sinha Wed, 22 Feb 2023 05:38:24 +0000 https://www.eqmagpro.com/?p=305846 Shri Jayant Sinha, Chairperson of the Parliamentary Standing Committee on Finance, addressed Limited Partners and investors at an exclusive event in Mumbai, the IVCA Maximum India Conclave (MIC) – Curtain Raiser. He highlighted India’s role in creating a global climate alliance to accelerate climate action.

In his address, Sinha spoke about the initiatives that have been proposed and are being considered by the government, including as part of the plan for the G20. He noted that greater climate investments would greatly benefit the Global North, Global South, and the planet, saying that “net zero is net positive for the Global South.” He observed that solar energy could be a third crop for Indian farmers and, saying that the time for incrementalism regarding addressing climate change is gone, he urged the members of the PE-VC industry to engage with the idea of climate investing.

He discussed that the vast opportunity presented by climate financing for the PE-VC industry: “We also, at the same time, need to do two important things from an enabling point of view – one, is we need to get global standards on what is green and what is not green and then we need to get these sectoral pathways lined up. At the same time, we need to make sure that there is enough capital flowing into these blended finance instruments so that we can really get these trillions of dollars of private sector capital flow. But we are not talking about substantially more budgetary resources. Budgetary resources from the Global North are limited and will remain limited. It’s all about mobilizing private sector capital, mobilizing effectively what you all do. So, this is going to be, I think, for the entire venture capital private equity industry the story of the next decade, which is green investing and unlocking the resources to pursue green investment. The kind of capital flows that we are going to see, I think, are really going to be much bigger than the ones that we’ve seen in the digitization, digital space.”

On climate investing being a significant way to attract global capital, Sinha said, “I am a believer in carbon trading and carbon markets, but to my mind, it’s not low-hanging fruit. I think we could put a hundred billion dollars into India and other industries where we have, enormous low-hanging fruit, but as in electric mobility, rooftop solar, solar in agricultural applications, whether it is energy conservation, we have so many opportunities where we could easily put a hundred billion dollars towards, with really high-quality commercial returns, even today.”

Climate tech is a sunrise sector in India. Despite it being a nascent and emerging sector, it is growing at a fast pace. The sector attracted ~1.2 Bn in investments between 2016 and 2020, and over the past five years, 120 climate tech startups raised over 200 funding rounds from 272 unique investors in India. In the first two quarters of 2022 alone, 70 Indian climate-focused startups raised $839 Mn over 75 transactions. Moreover, achieving India’s target of net zero emissions by 2070 can lead to the creation of ~USD 11 trillion in economic value in India. This is an unprecedented and unmissable opportunity that should be taken advantage of by Indian investors.

A veteran of Indian politics and policy-making, Shri Jayant Sinha is the Chairperson of the Parliamentary Standing Committee on Finance and the BJP Lok Sabha MP from Hazaribagh, Jharkhand. As Chairperson of the Standing Committee on Finance, Sinha leads a 31-member Parliamentary panel that has oversight of the Ministries of Finance, Corporate Affairs, Statistics & Program Implementation, and the Niti Aayog. Additionally, the panel has parliamentary responsibility for the Reserve Bank of India, the Securities & Exchange Board of India, the Insolvency & Bankruptcy Board, and the Insurance and Pension regulatory authorities. Sinha is also very active in the Parliament, having opened the debate on India’s Annual Budget on multiple occasions as well as having introduced important Private Member Bills. In the 2021 Budget session, he introduced the Climate Change (Net Zero Carbon) Private Member Bill 2021.

Source : mybigplunge
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Public Procurement (Preference to Make in India) to provide for Purchase Preference (linked with local content) in respect of Power Sector. https://www.eqmagpro.com/public-procurement-preference-to-make-in-india-to-provide-for-purchase-preference-linked-with-local-content-in-respect-of-power-sector-2/?utm_source=rss&utm_medium=rss&utm_campaign=public-procurement-preference-to-make-in-india-to-provide-for-purchase-preference-linked-with-local-content-in-respect-of-power-sector-2 Wed, 22 Feb 2023 05:32:31 +0000 https://www.eqmagpro.com/?p=305841 Public Procurement (Preference to Make in India) to provide for Purchase Preference (linked with local content) in respect of Power Sector.

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Appintment to the post of Chairman,Bhakra Beas Management Board (BBMB) https://www.eqmagpro.com/appintment-to-the-post-of-chairmanbhakra-beas-management-board-bbmb/?utm_source=rss&utm_medium=rss&utm_campaign=appintment-to-the-post-of-chairmanbhakra-beas-management-board-bbmb Wed, 22 Feb 2023 05:26:42 +0000 https://www.eqmagpro.com/?p=305837 Appintment to the post of Chairman,Bhakra Beas Management Board (BBMB)

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Queries post Clarification and Amendments: RfS for Selection of Vendors under Component-B of PM-KUSUM scheme of MNRE https://www.eqmagpro.com/queries-post-clarification-and-amendments-rfs-for-selection-of-vendors-under-component-b-of-pm-kusum-scheme-of-mnre/?utm_source=rss&utm_medium=rss&utm_campaign=queries-post-clarification-and-amendments-rfs-for-selection-of-vendors-under-component-b-of-pm-kusum-scheme-of-mnre Wed, 22 Feb 2023 05:20:48 +0000 https://www.eqmagpro.com/?p=305831 Prospective bidders are requested to submit further queries related to RfS for the Selection of Vendors under Component-B of the PM-KUSUM scheme of MNRE, post Clarifications and Amendments in the format provided, by mailing to swapnil.gandhi@seci.co.in and biblesh@seci.co.in, latest by 22.02.2023 (Tomorrow).

Bidders are advised to submit their queries referring to particular clauses and supporting documents that justify their proposal.

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Monthly meeting in virtual mode with original equipment manufacturers of wind turbine generators availing concessional customs duty benefits https://www.eqmagpro.com/monthly-meeting-in-virtual-mode-with-original-equipment-manufacturers-of-wind-turbine-generators-availing-concessional-customs-duty-benefits/?utm_source=rss&utm_medium=rss&utm_campaign=monthly-meeting-in-virtual-mode-with-original-equipment-manufacturers-of-wind-turbine-generators-availing-concessional-customs-duty-benefits Wed, 22 Feb 2023 05:11:42 +0000 https://www.eqmagpro.com/?p=305827 Monthly meeting in virtual mode with original equipment manufacturers of wind turbine generators availing concessional customs duty benefits

 

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Chandigarh: City Gets North India’s Largest Floating Solar Park https://www.eqmagpro.com/chandigarh-city-gets-north-indias-largest-floating-solar-park/?utm_source=rss&utm_medium=rss&utm_campaign=chandigarh-city-gets-north-indias-largest-floating-solar-park Wed, 22 Feb 2023 05:05:45 +0000 https://www.eqmagpro.com/?p=305824 Chandigarh Sector-39 gets North India’s largest floating Solar project of 2000 kilowatt peak or kwP at a total cost of Rs 11.70 crore rupees. As reported by PTI, floating power plants will lower the loss of water due to evaporation and save enough water to meet the needs of 20,000 people annually

Source : pti
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NTPC Green Energy to raise up to Rs 9,000 cr term loan https://www.eqmagpro.com/ntpc-green-energy-to-raise-up-to-rs-9000-cr-term-loan/?utm_source=rss&utm_medium=rss&utm_campaign=ntpc-green-energy-to-raise-up-to-rs-9000-cr-term-loan Wed, 22 Feb 2023 04:56:26 +0000 https://www.eqmagpro.com/?p=305821 NTPC arm NTPC Green Energy Ltd (NGEL) has invited bids for rupee denominated term loan of up to Rs 9,000 crore.

The bid document showed that NGEL intends to raise fresh debt and repay outstanding liability of Rs 8,200 crore towards NTPC by March 31, 2023 along with applicable interest cost.

Also, additional funds to the tune of Rs 800 crore would be required for additional debt liability and for balance capex payments of projects which are yet to achieve full commercial operations, it stated.

Thus, NGEL has invited offer for rupee term loan of up to Rs 9,000 crore, it said.

The minimum amount of loan offered by banks/FIs (financial institutions) shall be Rs 1,000 crore and in multiples of Rs 500 crore thereafter, it stated.

The last date for submission of bids is March 6, 2023.

NTPC had incorporated NGEL in April 2022 for consolidating its renewable energy businesses and aggressively pursue its green/ sustainable energy venture.

Source : PTI
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Boralex commissions 65 MW in Brittany and crosses the milestone of 3 GW of installed capacity worldwide https://www.eqmagpro.com/boralex-commissions-65-mw-in-brittany-and-crosses-the-milestone-of-3-gw-of-installed-capacity-worldwide/?utm_source=rss&utm_medium=rss&utm_campaign=boralex-commissions-65-mw-in-brittany-and-crosses-the-milestone-of-3-gw-of-installed-capacity-worldwide Wed, 22 Feb 2023 04:40:25 +0000 https://www.eqmagpro.com/?p=305818 Paris (France) : Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the commissioning of the Moulins du Lohan wind farm, located in the commune of Forges de Lanouée, in the Morbihan department of Brittany. With this commissioning, Boralex has reached 1.2 GW of installed capacity in France and crossed the milestone of 3 GW worldwide.
Statistics for the Moulins du Lohan wind farm:

➢ Installed capacity: 65 MW
➢ Wind turbines: 17 Vestas V126 with a unit capacity of 3.8 MW
➢ Equivalent to the annual energy needs of 60,000 French residents
➢ Winning project of the CRE (Commission de Régulation de l’Énergie) call for tenders in period 7 (November 2020).

Culmination of a long development process

“The Moulins du Lohan wind farm project reflects the challenges of deploying renewable energy in France,” said Nicolas Wolff, Executive Vice President and General Manager, Europe, at Boralex. “At each stage of development, we were able to demonstrate that the project was sound, yet it still took more than 10 years to see it through to fruition. There is a need to simplify the procedures governing the development of renewable energy if the objectives of France’s multi-year energy program, the PPE, are to be met. Renewables are key to decarbonizing our society. That principle is central to the new law aimed at accelerating the deployment of renewable energies, for which we have high expectations.”

Territorial cooperation and drive

Brittany currently imports 85% of its electricity, half of which is fossil-fuel-based. The region also has the second-largest wind energy resource in France. It has indicated its willingness to help address the local energy transition, including in its adoption of the 2010 Pacte Électrique Breton. The Moulins du Lohan wind farm brings new green energy production capacity to a region that needs it. It was built in 17 months, thanks to close cooperation among local elected officials, government services and RTE, France’s transmission system operator.

“Once authorization is granted, renewable energies have the advantage of rapid deployment, meaning that they can play a strategic role in the implementation of new green, competitive sources of energy production. We were able to install the Moulins du Lohan wind farm in record time in the midst of an energy crisis and for that my thanks go to the Boralex teams and other stakeholders, especially RTE, who all joined forces to get this asset installed,” added Nicolas Wolff.

“As an industrial operator in the energy transition, RTE is optimizing and transforming its network to connect electricity production facilities. Faced with the tensions encountered this winter regarding France’s electricity supply, the mobilization of RTE teams has enabled the connection of the 65 MW Moulins du Lohan wind
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farm. This effort has made it possible to receive the first electrons produced by the wind turbines on the grid by the end of 2022,” said Carole Pitou Agudo, Regional Delegate for RTE West.
A site fitted to its surroundings

The wind farm was developed with local environmental and landscape sensitivities in mind. Lanouée Forest, a forestry site that hosts the wind farm, covers almost 4,000 ha. The wind farm occupies 0.3% of that area, 11.4 ha, which will be replanted with deciduous species covering an area of 12.25 ha. Project construction was adapted and carried out in line with an environmental strategy aimed at maintaining the forest’s biological functions, respecting its multiple uses, and implementing measures that add value to the forest ecosystem. The same strategy will continue to apply throughout the wind farm’s operating phase.

Boralex passes the 3000 MW milestone in installed capacity

Getting this wind power site operational is all the more important as it marks Boralex’s surpassing of 3 GW installed capacity worldwide. “The achievement of this significant milestone and our accelerated growth confirm we are on track to meet our development objectives for 2025. I thank and commend the work of our teams, all of whom without exception have played a role in this accomplishment. Essential to our success has been the trust and cooperation shown by our partners, our investors, and the communities that host our projects,” said Patrick Decostre, President and Chief Executive Officer, Boralex.

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to 2.5 GW. We are developing a portfolio of more than 3 GW in wind and solar projects and nearly 200 MW in storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

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Sineng Electric and ACWA Power Hold a Meeting to Strengthen Cooperation https://www.eqmagpro.com/sineng-electric-and-acwa-power-holda-meeting-to-strengthen-cooperation/?utm_source=rss&utm_medium=rss&utm_campaign=sineng-electric-and-acwa-power-holda-meeting-to-strengthen-cooperation Wed, 22 Feb 2023 04:19:40 +0000 https://www.eqmagpro.com/?p=305814 On February 20th 2023, Sineng Electric and ACWA Power held a meeting to setup in-depth discussions about further promoting bilateral cooperation in the field of green energy and reached a consensus.Mohammad Abunayyan, Chairman of ACWA Power, Raad Al-Saady, Vice Chairman of ACWA Power, Kashif Rana, Chief Portfolio Management Officer of ACWA Power, Yunhe Lyu, Executive Vice President & General Manager of ACWA Power China, Qiang Wu, Chairman of Sineng Electric, Victor Duan, CEO of Sineng Electric, Jianfei Li, Vice President of Sineng Electric and other leaders attended the conference.

Mohammad Abunayyan, Chairman of ACWA Power, said that with the advancements and accomplishments of Saudi Vision 2030, ACWA Power intended to work with like-minded Chinese enterprises to push for global collaboration. As Sineng is a global leading PV inverter supplier, we believe that the potential for our tie-up is enormous, with bright prospects for economic growth and tremendous development opportunities. ACWA Power hopes to team up with Sineng, focusing on the photovoltaics and ESS sectors while exploring new business models in hydrogen energy.

Qiang Wu, chairman of Sineng Electric, expressed his sincere gratitude to ACWA Power for its recognition and support, and introduced in detail about the development history, advantages, and global business of Sineng. He stated that the two companies have a profound friendship and a solid foundation for partnership. In the future, Sineng will increase its investments in the market of Saudi Arabia, conduct more localization research, and continue delivering better services.

Sineng Electric has been concentrating on power electronics since its establishment to offer a wide range of competitive high-quality solutions. ACWA Power, as a developer, investor, and operator of a portfolio of power generation, desalinated water production plants, and green hydrogen, is one of Sineng’s closest allies. Given the already-robust and growing partnership between China and Saudi Arabia, Sineng looks forward to deepening ties and strengthening strategic relations with ACWA power, continuously expanding the scope of cooperation, and jointly promoting the application of renewable energy to help build a green Saudi Arabia and green Middle East, and create a blueprint for carbon neutrality.

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CREST Issue Tender for Supply of 4 MW Canal Top SPV Power Plant High Power Evacuation on HT Side at Patiala Ki Rao behind Botanical Garden Sarangpur Chandigarh – EQ Mag https://www.eqmagpro.com/crest-issue-tender-for-supply-of-4-mw-canal-top-spv-power-plant-high-power-evacuation-on-ht-side-at-patiala-ki-rao-behind-botanical-garden-sarangpur-chandigarh-eq-mag/?utm_source=rss&utm_medium=rss&utm_campaign=crest-issue-tender-for-supply-of-4-mw-canal-top-spv-power-plant-high-power-evacuation-on-ht-side-at-patiala-ki-rao-behind-botanical-garden-sarangpur-chandigarh-eq-mag Tue, 21 Feb 2023 11:38:03 +0000 https://www.eqmagpro.com/?p=305810 CREST Issue Tender for Supply of 4 MW Canal Top SPV Power Plant High Power Evacuation on HT Side at Patiala Ki Rao behind Botanical Garden Sarangpur Chandigarh.

For more information please see below link:

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MSEDCL Issue Tender for Supply of 250 MW (AC) SOLAR POWER FROM DECENTRALISED SOLAR PROJECTS OF MINIMUM 0.5 MW TO MAXIMUM 2 MW CAPACITY UNDER COMPONENT-A OF PM KUSUM SCHEME – EQ Mag https://www.eqmagpro.com/msedcl-issue-tender-for-supply-of-250-mw-ac-solar-power-from-decentralised-solar-projects-of-minimum-0-5-mw-to-maximum-2-mw-capacity-under-component-a-of-pm-kusum-scheme-eq-mag/?utm_source=rss&utm_medium=rss&utm_campaign=msedcl-issue-tender-for-supply-of-250-mw-ac-solar-power-from-decentralised-solar-projects-of-minimum-0-5-mw-to-maximum-2-mw-capacity-under-component-a-of-pm-kusum-scheme-eq-mag Tue, 21 Feb 2023 10:37:25 +0000 https://www.eqmagpro.com/?p=305806 MSEDCL Issue Tender for Supply of 250 MW (AC) SOLAR POWER FROM DECENTRALISED SOLAR PROJECTS OF MINIMUM 0.5 MW TO MAXIMUM 2 MW CAPACITY UNDER COMPONENT-A OF PM KUSUM SCHEME.

For more information please see below link:

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