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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […]

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First World Solar Technology Summit Kicks Off Today

The ISA (International Solar Alliance) organised first World Solar Technology Summit will start off today. The event, which has taken a virtual avatar due to the Covid pandemic, will be managed out of Delhi. Over 26,000 ‘participants’ from 149 countries had registered for the summit till yesterday. A key highlight is the launch of an […]

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L&T Transmission and Distribution Business Bags Large Contracts

L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […]

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REC Arm ‘REC-PDCL’ Wins SECI Tender for 10 MW Solar Project in Jaipur

REC Limited has announced that its arm REC-PDCL has emerged as the lowest bidder for a 10 MW solar project in Jaipur under an auction conducted by SECI. State-owned public Infrastructure Finance Company in the power sector REC Limited, formerly Rural Electrification Corporation, has announced that its arm REC Power Distribution Company (REC-PDCL) has emerged […]

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GoodWe Listed on Shanghai Stock Exchange

GoodWe has announced that the IPO of its common stock is now officially listed as a public limited company on the Shanghai Stock Exchange. Solar inverter and storage solutions provider GoodWe has announced that the initial public offering of its common stock is now officially listed as a public limited company on the Shanghai Stock […]

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Delhi’s IGI Airport Exploring Clean Energy Alternatives

DIAL which operates the IGI Airport is looking at alternative solutions for generating clean and green energy, a top company official has confirmed. The Delhi International Airport Ltd (DIAL), a joint venture which is led by the GMR Group, which operates the Indira Gandhi International (IGI) Airport in the Capital is looking at alternative solutions […]

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Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables

RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […]

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Sterling and Wilson Bags Two Solar Projects Worth 300 MW in Australia

Sterling and Wilson Solar has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects worth 300 MW in Australia. Sterling and Wilson Solar has announced that it has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects in Australia. The firm […]

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