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India secures $386 bn investment commitments for renewable energy at RE-Invest 2024
Ministry of Renewable Energy has received investment commitments totalling $386 billion from banks and financial institutions at the RE-Invest conference in Gandhinagar, Gujarat. These investments aim to help India double its clean electricity capacity by 2030, targeting 500 GW of non-fossil capacity. ReNew, a major renewable energy company pledged to expand its renewable capacity from 10 GW to 50 GW by 2030, with 10 GW dedicated to storage. The company also plans to produce 1…
Telangana to provide free electricity for 30,000 government schools
The Government of Telangana has announced a plan to provide free electricity to about 30,000 government schools. Speaking at a teachers’ convention, Reddy emphasized the crucial role of teachers in shaping the future of Telangana and urged parents to enrol their children in public schools. He highlighted the success of Delhi Chief Minister Arvind Kejriwal, who has won elections by improving government schools and providing quality education to underprivileged students. A Rs 210 billion has…
Vestas secures 810 MW turbine order for Empire Wind 1
Danish wind turbine manufacturer Vestas has secured an 810MW order for the Empire Wind 1 project, marking its entry into the US offshore wind market. The company will supply and commission 54 V236-15.0MW turbines as part of the deal with Equinor. The agreement, finalized in March 2024, includes a five-year service contract to ensure optimal performance. The V236-15.0MW turbine, certified in 2023, has become a key part of Vestas’ global portfolio, with over 13GW in…
Poland commits $1.2 billion to kickstart first nuclear power plant project
Poland has allocated 4.6 billion zloty ($1.2 billion) from its 2025 budget to begin developing the country’s first nuclear power plant, aiming to diversify its energy mix and lower electricity costs. The initial funding marks the largest investment in Poland’s history, with the government projecting around 60 billion zloty needed for the 2025-2030 phase. The US will provide additional funding and technology for the project. The plant, expected to be located near the Baltic Sea,…
Tata Power-DDL receives 20-year patent for self-regenerating transformer breather
Tata Power Delhi Distribution Ltd (Tata Power-DDL) has been granted a 20-year patent for its innovative self-regenerating transformer breather, designed to protect transformers from moisture ingress and extend their operational lifespan. The patented technology reduces the need for frequent replacement of Silica gel in transformer breathers, a component crucial for preventing moisture damage. Traditionally, Silica gel in breathers must be replaced 4-6 times before the two-year maintenance schedule of a transformer, but with the new…
Tata, MG offer free charging, battery rentals to lure EV buyers
India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery rental plan. These efforts aim to address slowing sales growth in the EV market, which currently accounts for 2% of India’s 4.2 million annual car sales. Sales growth has stalled, with analysts pointing to high vehicle prices and insufficient charging infrastructure as key barriers. To combat this, MG Motor…