SUBSCRIBE NEWS LETTER

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Promoters Help Sterling and Wilson Solar pay Rs 1000 cr in Outstanding Loans

Sterling and Wilson Solar has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of its outstanding loans. Sterling and Wilson Solar, the solar engineering and construction subsidiary of Shapoorji Pallonji Group, has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of […]

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Discoms Dues to Power Generators Rises to Rs 81k Cr in November

Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […]

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Govt Okays 2,636 New EV Charging Stations Under FAME India Phase-II: Javadekar

With an aim to provide further fillip to e-mobility in the country, government has approved 2,636 new electric vehicles (EVs) charging stations in 62 cities across 24 states and union territories under the phase-II of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar said. Out […]

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Solar Integrated Roofing Secures $2.7 Million in Financing

Solar Integrated Roofing has announced that it has secured a USD 2.7 million financing in a non-dilutive structure to close two acquisitions. Solar Integrated Roofing Corporation, an integrated solar and roofing installation company specialising in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally, has announced that […]

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Hyundai to Operate 44 Electrified Vehicles by 2025, 11 Battery EVs

Hyundai Motor Group has revealed its product strategy until 2025, with the auto giant planning to operate 44 electrified vehicles by 2025 Hyundai Motor Group has revealed its product strategy until 2025. The South Korean auto giant has announced that it plans to operate 44 electrified vehicles by 2025, including both BEV and plug-in hybrid […]

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NHPC Extends Bid Submission Deadline for its 2 GW Solar Tender

NHPC has in its latest notification extended the deadline for bid submission for its tender for 2 GW of solar PV projects. The National Hydroelectric Power Corporation (NHPC) has in its latest notification extended the deadline for bid submission for its tender for 2 GW of solar PV projects. The deadline for bid submissions has […]

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CEL Floats O&M Tender for 1 MW Solar Plant in Rajasthan

The last date and time for submitting the bid application is January 15, 2020 at 11:00 Hrs, and the Earnest Money Deposit (EMD) is fixed at Rs 45,000. State-owned Central Electronics Ltd (CEL) has invited bids for the operation and maintenance (O&M) including round the clock security services at 1 MW solar power plant at […]

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Alternus Energy Acquires 11.75 MW Solar Park in Netherlands

Alternus Energy has acquired Zonepark Rilland and its 11.75 MW solar PV power plant in the Netherlands from Coöperatie Unisun Energy for EUR 10.5 million Alternus Energy, a global renewable energy company, has announced the acquisition of Zonepark Rilland B.V. and its 11.75 MW ground-mounted solar photovoltaic (PV) power plant in Rilland, the Netherlands, from […]

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Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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