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Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked

The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […]

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IEX Power Trading Update for June 2022

The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments.  Owing to improved supply-side availability, the prices at the day […]

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Application of Silicone Sealant in Solar Modules

Introduction Solar module manufacturing appears to be quite simple, yet the performance and life cycle of the module depends on every individual part, whose effective coordination is expected to extend the durable life of solar module to 25 years or longer. Today, we look at solar sealant, perhaps the least noticed, but a critical and […]

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Jharkhand Unveils Ambitious Solar Energy Policy

The Jharkhand Government is poised to unveil its Solar Energy Policy 2022. The policy, launched by the Chief Minister of Jharkhand, Hemant Soren, will seek to augment the capacity of clean energy to 4000 MW in the financial years 2022 to 2023 and 2026 to 2027. Jharkhand Renewable Energy Development Agency (JREDA) has revealed a […]

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Jinko Solar Stakes Claims As First To Achieve 8GW Shipment Milestone In India

Jinko Solar claims to have become the first and only company to achieve 8GW shipment milestone in India. The solar panel manufacturer has also shared its performance results in recent quarters. Shedding light on becoming the first and only global player to ship 8GW of solar panels to India, Dany Qian, VP, Jinko Solar said, […]

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ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu

ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […]

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EV Batteries in 5% GST Bracket to Support Faster Adoption

The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […]

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Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs

Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […]

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Vikram Solar Welcomes Back Ivan Saha As CEO

Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider, has announced the appointment of Ivan Saha as its new Chief Executive Officer (CEO). Saha was last working with leading developer Renew Power as its Chief Technical Officer, a role he took on after leaving Vikram Solar as its President and […]

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