Author: Prasanna Singh

MNRE Releases List Of Module Makers for Government Contracts

The ALMM list, to be updated monthly, will be valid for two years. The Ministry of New and Renewable Energy, in an office memorandum released yesterday, announced the names of 23 Indian firms those products would be eligible for use in government contracts for solar plants. The list is for module manufacturers right now. The […]

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Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s

Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […]

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Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up

Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […]

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Russia To Go With Domestically Sourced HJT Modules for Largest Solar Project

Russia, a laggard among major economies when it comes to solar adoption, will be using HJT (Heterojunction) solar panels from domestic firm Hevel Solar for its largest solar plant. Hevel Group with its factory in Novocheboksarsk, Russia produces 340 MW of HJT solar modules per year, after a recent capacity expansion. The firm claims to […]

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Maha Regulator Dismisses BEST Plea For ‘Limited Open Access’

In an order published just before the weekend started last week, the Maharashtra Electricity Regulatory Commission (MERC) has  dismissed a petition by BEST, one of two Mumbai discoms, wherein BEST had requested for allowing limited Open Access in its area of supply and for determining and allowing Open Access charges and other fees and charges. […]

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Global Solar Capacity Set to Exceed 150 GW in 2021

With an expected 150 GW of fresh solar capacity to be added in 2021, solar will continue to strengthen its place as the biggest contributor to fresh capacity additions worldwide in 2021. With almost 40 GW added in 2020, numbers that defied multiple predictions of hits from the Coronavirus pandemic, markets such as the US, […]

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Floating Solar On A Growth Path To 2027, Says TMR

Transparency market Research, a market intelligence firm, has predicted a strong 43 percent CAGR growth for floating solar between 2019 and 2027. According to the firm, no large land requirement, decrease in evaporation, and massive power generation are some of the important benefits that will influence the growth of the floating solar panels market. Floating […]

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BCD Announcement This Week? Speculation Reaches Fever Pitch, Again

A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […]

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Solar Cleaning Start-up Solavio Labs Gets Funding from Canadian Province

Solavio Labs, an Indian clean tech start-up innovating in the solar panel cleaning technology space has announced the completion of funding from Canadian Province – New Brunswick for Rs 40,60,000 taking their total fund raised to Rs 2 crores. This marks Solavio Labs as the only Indian start-up in the clean tech space to receive […]

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