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Electricity Market

Power Trading in Power Exchanges Exempted From new TDS and TCS

The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […]

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US-India Clean Energy and Climate Cooperation Legislation Introduced

Senator Menendez (D-NJ), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of 2020’. Senator Bob Menendez (District of New Jersey), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of […]

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EDEN Renewables India Adds 1.35 GW of new Solar Plants to its Portfolio

EDEN Renewables India, the equally owned JV of Total and EDF RE has been awarded three solar projects for a total of 1.35 GW in Rajasthan, India. EDF Renewables and Total Eren, two world leaders in renewable energy, have announced that EDEN Renewables India, their equally owned joint venture dedicated to the Indian solar PV […]

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […]

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Utility-Scale Solar Capacity net Additions in US to Rise 10% Yearly to 2024: Report

Utility-scale solar generating capacity net additions in the US are forecast to see compound annual growth of 10 percent in terms of watts through 2024. Utility-scale solar photovoltaic (PV) generating capacity net additions in the US are forecast to see compound annual growth of 10% in terms of watts through 2024, according to ‘Photovoltaic Solar […]

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Sungrow Celebrates Grid-Connection of China’s Largest Solar Plus Storage Project

Sungrow is celebrating the grid connection of China’s largest solar-plus-storage project teaming up with Huanghe Hydropower Development. Sungrow, a leading inverter solution supplier for renewables, is celebrating the grid connection of China’s largest solar-plus-storage project teaming up with Huanghe Hydropower Development. Comprising of a 2.2 GW PV park and a 202.86 MW/202.86 MWh energy storage […]

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The Charging Infrastructure Issue is an Overhyped Problem: Inderveer Singh

Mobility tech startup EVage plans to soon launch the first home-built electric vehicles with a common platform for vans, delivery vehicles, trucks and SUVs. With the help of a team of scientists and aerospace engineers, the vehicles will have an “exoskeleton structure” that will not only enable it to launch multiple car variants on a […]

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EDF Renewables Signs Contract for Storage Expansion at Maverick 6

EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […]

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Policies for An Atmanirbhar Energy Sector

As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […]

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