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Coronavirus

Argentina’s Renewable Projects Likely to Hit by Covid-19, Tightening of Economy

The construction and commissioning of renewable energy projects in Argentina are expected to get delayed on the back of the coronavirus crisis and tightening of the economy during the last two years. The reason behind the delay in the commencement of construction projects was due to the tightening of the economy which had restricted project […]

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US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report

The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […]

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NTPC Offers Rs 1363 Cr Discount on Fixed Charges to Discoms During Lockdown

NTPC will be giving a discount of Rs 1363 crore to Discoms on fixed or capacity charges that they owe during the lockdown period this fiscal year. NTPC Limited, the largest electricity generator in the country has announced that it will be giving a discount of Rs 1363 crore to distribution companies (Discoms) on fixed […]

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MNRE Creates FDI Cell to Process Foreign Investment Proposals

In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […]

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UPPCL Gets Recognition from CM for Achieving Good Results During Crisis

UPPCL has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in ensuring electric supply amid the Coronavirus crisis. The Uttar Pradesh Power Corporation Limited (UPPCL), the company responsible for electricity transmission and distribution within the state of Uttar Pradesh, has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in […]

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Covid-19 Created Opportunity to Implement Greener, More Circular Economy: Dr. Ajay Mathur

The coronavirus pandemic has created the opportunity to implement a greener, more circular economy, said Dr. Ajay Mathur, Director General, The Energy and Resources Institute, (TERI). He was speaking at a webinar hosted to mark the World Environment Day on the theme, “Resource Efficiency for Greening of Recovery and fostering Sustainable Economic Growth in a […]

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Valmont Buys Majority Stake in Solbras – Energia Solar

Valmont Industries, US-based engineering and irrigation equipment manufacturer, has purchased the majority stake in a Brazilian company, Energia Solar do Brasil (Solbras), a leader in photovoltaic (PV) energy sector. Now, with immediate effect, the company will market under the Valley brand – a Valmont company. However, the company didn’t disclose the deal amount. Valley Irrigation […]

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Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage

Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […]

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