Home » Daily Newsletter » RBI Releases Guidelines To Banks For Acceptance Of Green Deposits
The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country's financing of renewable energy projects. As per the...
The Ministry of Power, in its latest notification, has nominated the Central Electricity Authority (CEA) as the competent authority for verifying the status of captive power generating plants involved in inter-state power transmission. The notification said that the ministry earlier had received references on the...
Israeli firm Ecoppia offers AI, data-driven robotic solar panel cleaning solutions. It claims to have deployed 3,900 MW of projects, over 10.5 mn autonomous cleaning sessions and cleaned over 9.24 bn solar panels. The firm, which has a global presence, is expanding operations in India....
A recent study report released by Ember, an energy think tank, claimed that wind and solar energy globally reached 12 percent of the world's electricity share in 2022, from 10 percent in 2021. In India, the joint contribution of wind and solar energy touched nine percent in...
The Central Electricity Regulatory Commission (CERC), in its latest Order, while hearing a petition filed by Powerica Limited, has ruled that the change of Goods and Service Tax (GST) rates after receiving a contract was a deemed case of ‘change of law.’ Accordingly, the regulatory...
Surat-headquartered KPI Green Energy has announced that it has accomplished the charging of 26.l0 MW wind-solar hybrid project. This entails 16.l0 MW wind and 10 MW CIC solar capacity. The project is established in Bhungar site in Mahuva, Bhavnagar under the firm's own power generating...
Solar tracking, racking, and BIPV provider Arctech has announced that it is poised to provide 1.5 GW SkyLine II solar tracking solution for ASB project in Saudi Arabia, marking the company's first solar tracking and racking project in the country. Arctech informs that located in...
Iberian peninsula focused joint venture firm IberBlue Wind will be developing its first cross-border offshore wind project on the Spanish-Portuguese border. The total capacity of the wind projects will be 1.96 GW and spread over an area of 530 square km. Juan Sebastián Elcano and...
TrinaTracker, the smart tracker solution provider under Trina Solar, has launched the second generation of the Vanguard 2P tracker. TrinaTracker held that the new tracker system is equipped with its latest multi-motor control system. The 2P configuration and the fewer-pile design features are proven to...
Renewable energy solutions provider Suzlon Group has announced a new order win for the development of a 50.4 MW wind power project for Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited. The firm will be responsible for installing 24 wind turbine generators (WTGs) with a...
Canada based global solar equipment conglomerate Canadian Solar Inc. has announced the massive capacity expansion plans of CSI Solar Company Ltd. by the year of 2024. CSI Solar is majority-owned subsidiary of Canadian Solar. “Namely, by the end of Q1 2024, CSI Solar intends to...
West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has joined hands with Powerbank for the establishment of charging hub for EVs in Kolkata. The firm maintains that this is the largest public fast charging hub for EVs in the eastern part of India. Powerbank is a firm...
Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy...
Subscribe to our newsletter to get the latest scoop right into your inbox.
