Commercial and industrial-focused solar PV developer, Cleantech Solar announced that it has secured a $75 million green loans from ING Bank, N.V. Singapore Branch yesterday. Considered as Asia-Pacific’s largest green loan to date for commercial and industrial rooftop solar projects, the proceed o... Read more
Tata Power, the private electric utility provider has announced Tata Power Renewable Energy Limited (TPREL), the wholly-owned subsidiary of the company, has received a Letter of Award from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to develop a 100 MW solar project in Maharashtra. ... Read more
What does India require to quickly ramp up the share of clean and green solar power in its energy basket and how is the nation readying itself for a leadership role in the implementation of the ambitious Inter Continental Grid project? These are part of the many key topics that will be covered in th... Read more
The Ministry of New and Renewable Energy (MNRE) on Wednesday, June 17 announced the formation of project development cell (PDC) for attracting investments in India. The central government approved setting up of Empowered Group Of Secretaries (EGoS) and Project Development Cells (PDC) in the ministr... Read more
Fluence yesterday announced the launch of its sixth-generation energy storage technology stack combining factory-built hardware, advanced software, and data-driven intelligence.The company which is a result of two pioneers in the energy storage field coming together, Siemens and AES, has already se... Read more
Great Wall Motors India subsidiary (GWM Motor Group) yesterday, signed a memorandum of understanding (MoU) with the State Government of Maharashtra in presence of the Chief Minister of Maharashtra, Uddhav Thackeray and Sun Weidong, Chinese Ambassador to India. Through the MoU, the Chinese SUV manu... Read more
The Union Ministry of New and Renewable Energy (MNRE) had invited proposals for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG) in May 2020. The mantra was first given by Indian Prime Minister Narend... Read more
As the government plans to replace safeguard duty on cells and modules imported from China and Malaysia with 20% basic customs duty by July, domestic solar cell and module makers in the Special Economic Zones (SEZ) have raised concerns saying this would be detrimental for overall product cost on dom... Read more
The Andhra Pradesh cabinet has approved a proposal to set up a 10,000 megawatt (MW) mega solar power project to ensure farmers get access to nine-hours of uninterrupted power in the daytime. The cabinet also established an Integrated Renewable Energy Project (IREP), the IREP is expected to generate... Read more
Private utility provider Tata Power earlier this week signed a Memorandum of Understanding (MoU) with MG Motor to deploy 50KW DC Superfast chargers at select MG dealership locations and offer end-to-end EV charging solutions to MG dealerships across India. This move is a part of Tata Power’s larg... Read more
A clear policy framework regarding energy storage is needed in the new electricity law for the adoption of storage technologies in suitable areas, an industry body has suggested. The Draft Electricity (Amendment) Bill, 2020, floated by the power ministry, seeks amendments to the Electricity Act, 200... Read more
Adani Green Energy Limited has won the single largest solar development bid worth Rs 45,000 crore ($6 billion). In the first-of-its-kind manufacturing linked solar agreement issued by Solar Energy Corporation of India (SECI), Adani Green Energy will develop 8 GW of solar projects along with 2 GW... Read more
