Home » Daily Newsletter » Could PSPCL Overcome Financial Strife With Solar Deals?
Punjab State Power Corporation Limited (PSPCL), the primary state discom that has been mired in losses due to a variety of reasons, seems to have latched on to solar power to extricate itself from some of the losses. Readers wouldn't have failed to notice the...
Indian renewables’ investor Pinewood Systems (PSPL) has said that it has formed its “executive team” that will develop the company’s upcoming 500 MW Solar Project in collaboration with Braithwaite & Co., a public sector under the Ministry of Railways. Satish Jha, Chairman, Pinewood Systems said...
The National Hydroelectric Power Corporation (NHPC) awarded a 250 MW Inter-State Transmission System (ISTS) connected solar energy project in Rajasthan to Apraava Energy. Apraava Energy, an integrated energy solutions provider, announced receiving the order today. The project order through the e-reverse auction mechanism at a walk-out tariff of...
The Central Bureau of Investigation (CBI) has registered a case against some officials of Satluj Jal Vidyut Nigam Ltd (SJVNL) and Siemens Gamesa over fraudulent practices. In a media statement, the central agency said that such malpractices led to a loss of around Rs 191 crore...
Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”), a leading owner/operator and developer of clean-energy power projects in the Asia Pacific region, has announced the appointment of Cyril Dissescou as its Chief Executive Officer. Cyril takes over from Matthew Bartley who stepped in as...
Europe based Solargis, focused on solar data and software, has analyzed the annual performance of solar irradiance for 2023, revealing the trends and variations of solar irradiance across the globe. The analysis shows that global solar irradiance remained relatively stable or increased in some regions,...
Mahindra Susten, a renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the 'Water Positive Verification' certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India...
Arcadia, a Denver, Colorado-based technology company has announced a groundbreaking milestone in the clean energy sector. Arcadia now manages 2 gigawatts (GW) of community solar capacity and counting, placing it in charge if the largest community solar portfolio in the world Community solar makes it...
The Directorate General of Trade Remedies (DGTR) has recommended extending the anti-dumping duty on the import of Ethylene Vinyl Acetate (EVA) backsheets from China for an additional five years. A recent DGTR investigation revealed that EVA backsheets are still being exported to India at prices...
Cabinet Minister of Large & Medium Industries and Infrastructure Development, Government of Karnataka MB Patel recently, in his social media post on X, announced collaboration between Karnataka and Japan to manufacture Electric Vehicles (electric vehicles (EVs) in the state. In a recent announcement on social...
Raptee Energy, an EV startup made its presence felt at the Global Investors Meet (GIM) in Tamil Nadu on the 7th & 8th of Jan '24, where it showcased the first transparent look of its electric motorcycle. The Global Investors meet was inaugurated by the...
Kia Corporation and Uber have signed a Memorandum of Understanding (MoU) at Consumer Electronics Show (CES) in Las Vegas, committing the two companies to collaborate on Kia's planned development and deployment of Platform Beyond Vehicle' strategy (PBVs). The Memorandum of Understanding (MoU) formalizes collaboration between...
EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a 'Pre-Series A' round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, 'We Founder Circle' and 'IVY Growth', along with a few...
Subscribe to our newsletter to get the latest scoop right into your inbox.
