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Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA

The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […]

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Despite more RE invt, global eco recovery is ‘Uneven’, ‘Unsustainable’: IEA

Spending on clean energy amounts to 3% of the USD 16.9 trillion that governments have so far mobilised to bolster their economies from the recession triggered by the Covid-19 pandemic, according to the latest update from IEA (International Energy Agency). The share is up from around 2% in July but still leaves global carbon dioxide (CO2) […]

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Best Power Equipments Launches Lithium Powered UPS Systems

Noida-based Best Power Equipments (India) Pvt Ltd (BPE), a leading power manufacturing brand has recently started offering lithium battery solutions with a 5 year warranty. The Lithium batteries will last longer and recharge faster, saving time, money and reducing risk throughout the lifecycle of the uninterruptible power systems (UPS). Due to its higher reliability, efficiency […]

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50 MW Wärtsilä Energy Storage System Activated in UK

Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […]

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Senior PV Performance Analyst

The Senior PV Performance Analyst will be based in Hyderabad, India.  Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. You will use various PV performance analysis and modeling methods prevalent in the industry for understanding Nextracker’s smart control system’s behavior. You will also explore and develop […]

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IRENA, Climate Investment Funds Partner to Advance Energy Transition

The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […]

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IREDA Opens PLI Bids. Solar Manufacturing Likely To Get Some New Names

The Solar PLI manufacturing bids have finally been opened by the Indian Renewable Energy Development Agency (IREDA). And the results are really interesting. Not only have relatively new players bid more aggressively making it tougher for incumbents to qualify, but it also sets the stage for a really interesting domestic market. The Solar PLI scheme […]

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