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NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty

The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […]

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Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’

The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […]

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SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders

SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […]

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Introduction to Floating PV Plant

Renewable energy sources are of prime importance as they would power our future. Solar energy power plant which utilises the sun’s energy needs adequate space for installation. It is a well-known fact that out of the 510 million Km2 surface area of earth, a mere (appx.) 29% is covered with land. Additionally (at some locations) […]

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Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant

The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […]

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MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty

The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […]

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Two Weeks Until Zayed Sustainability Prize Submission Deadline

Winners share the stage at the awards ceremony held during Abu Dhabi Sustainability Week With just two weeks to go until the 9th August deadline, the Zayed Sustainability Prize has issued a call-out to organisations and schools to submit their entries for the annual global award. This year, the Prize broadened its mandate to align […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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Village of New Maryland Installs Clear Blue Technologies’ Solar Powered Streetlights

The initiative by the village of New Maryland falls under the green energy project ‘A Canada 150 Project’ followed by Clear Blue Technologies. Toronto based off-grid solar company, Clear Blue Technologies has confirmed the installation of its 13 illumient solar-powered street lights in the village of New Maryland of New Brunswick. Clear Blue Technologies lights […]

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