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Innolia Energy Invests Rs 225 cr in PV Modules, EV Products Manufacturing

Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and EV products US-based Innolia Energy has recently announced that it has launched a project entailing an investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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CSE Launches Solar Energy Initiative for Shimla Schools

CSE has launched a special initiative called Solar in Schools in Shimla, to bring about a change in the way energy is consumed in schools The Centre for Science and Environment (CSE), a New Delhi-based research and advocacy body, has launched a special initiative called Solar in Schools in Shimla in partnership with the Himachal Pradesh Council […]

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SECI Extends Bid Deadline for two Solar Tenders Worth 2700 MW

SECI has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The nodal agency has extended the bid submission deadline […]

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BHEL Tenders for Floatation Platform for 100 MW Floating Solar Plant

BHEL has tendered for the deployment of the floatation platform for the company’s 100 MW floating solar power plant at NTPC Ramgundam Bharat Heavy Electricals Ltd. (BHEL), has floated a tender, seeking bids from eligible parties for the deployment of the floatation platform for the company’s 100 MW floating solar power plant at NTPC Ramgundam […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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UN HQ Gets Solar Panels as Goodwill Gift From India

The UN Building in New York will now be powered by solar panels, given as a goodwill gesture by India to promote clean and renewable energy The UN Head Quarters and office in the New York will now be powered by Solar Panels. These installed panels on the roof of the building are a gift […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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