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GE Renewable Energy

PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund

A memorandum of understanding (MoU) agreement has been signed between India’s infrastructure finance company PTC India Financial Services (PFS) and Global Green Growth Institute (GGGI) for the establishment of an infrastructure debt fund. The objective of the debt fund is to enhance the infrastructural development in the field of renewable energy. According to the official […]

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Under Pressure Honda Signs JV With Sony To Sell EVs By 2025

Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […]

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Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh

EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […]

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MoF Recommends 762 USD/MT, 908 USD/MT Anti-Dumping Duty On Fluoro Backsheets From China

As part of the initiatives to protect the domestic industry, the Union Ministry Of Finance recommended on June 15 the imposition of anti-dumping duty on imports of Fluoro Backsheet excluding transparent backsheet, (FBETB) originating in or exported from China and imported into India. A polymer-based component used in the manufacture of solar modules, Fluoro Backsheet […]

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Bhutan Mulling 300 MW Solar Power Addition

The Himalayan country of Bhutan is looking bullish for solar power as it plans to diversify its energy mix. Reports cited the Economic Affairs Minister of Bhutan, Lokhnath Sharma saying that Bhutan will add 300 MW of solar power in the coming years. Bhutan currently has a mere 9 MW of renewable energy other than […]

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CERC Orders Grant Of Transmission Licence To Adani Transmission

Central Electricity Regulatory Commission (CERC) ordered on June 16 the grant of transmission licence to Khavda-Bhuj Transmission Limited  subject to fulfillment of 14 conditions under the monitoring eyes of Central Electricity Authority which will bring to the notice of the Commission any lapse on the part of the licensee. Owned by Adani Transmission, Khavda-Bhuj Transmission […]

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Australia Suspends Power Trading In Spot Markets

In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […]

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ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration

Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […]

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MIAL Launches First Of Its Kind Vertical Axis Wind & Solar System

Mumbai International Airport, Chhatrapati Shivaji Maharaj International Airport (CSMIA) has become India’s first airport to launch a one-of-its-kind Vertical Axis Wind Turbine (VAWT) & Solar PV hybrid (Solar Mill) to explore the possibility of utilization of wind energy at the airport. CSMIA has introduced this pilot program in collaboration with WindStream Energy Technologies India Pvt […]

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