Solar News

Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition

Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […]

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MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […]

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Chinese Provinces Seek To Build EV Momentum With Higher Incentives

China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […]

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Tata Power-DDL, Nissin Electric Launch Micro Substation Demonstration

Tata Power Delhi Distribution Limited (Tata Power-DDL) and Nissin Electric, based in Kyoto (Japan), will kick-start a demonstration project to supply electricity from India’s first Micro Substation with a Power Voltage Transformer (PVT) to ensure stable power for areas without a power grid. Tata Power-DDL, a power utility, and Nissin Electric, a Japan-based electric equipment […]

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Green Stocks Sep 10: Green pack outshines Nifty Yet Again

On a day when the benchmark Nifty index rose by 0.41%, most stocks in our green pack comfortably outshone the index. Leading the charge was the venerable Tata Power, which rose over 6.5% on the back of the commencement of cell manufacturing operations. Also rising sharply were the two key wind turbine sellers, Inox Wind […]

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Odisha, MP New Emerging States For Renewables: CEEW Report

A latest report by energy think tank Council on Energy, Environment and Water (CEEW) said that Odisha and Madhya Pradesh could soon become the new emerging states to spur the growth of green energy in the country. The study, ‘Unlocking India’s RE and Green Hydrogen Potential: An Assessment of Land, Water, and Climate Nexus’, highlights […]

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Maharashtra Discom Issues Green Energy Open Access Norms

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now issued guidelines for the roll out of green energy open access in the state. This comes after the Maharashtra Electricity Regulatory Commission had notified its MERC (Distributed Open Access) (Second Amendment) Regulations 2023. The latest regulation allows consumers with contracted demand of 100 kw or […]

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GoodWe Solar Meet In Maharashtra Builds Bridges With Stakeholders

Solar inverter major GoodWe is leaving no opportunity to build a pan India presence. The company’s latest meet in Pune was received warmly by participants, indicating the strong interest in solar solutions and the huge opportunities in Maharashtra particularly. The  customer meet and technical training event was supported by Vashi Integrated Solutions held with Pune, […]

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NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit

NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […]

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