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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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sPower Secures $700 Mn in Financing for 620 MW Solar Project

sPower has closed on USD 700+ million construction/term loan financing for the 620 MW dc Spotsylvania Solar Energy Center in Virginia sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company closed on USD 700+ million construction/term loan financing for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. At 620 MW […]

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Mukesh Ambani Signals A Clean Energy Shift at RIL AGM

At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […]

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The Case for Mini Grids Stronger Than Ever, Says Global Report

A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […]

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COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery

In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […]

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Importance of Using Storage with Increasing Renewable Energy

Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […]

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Will India have greater success with manufacturing when it comes to energy storage?

The ongoing global economic crisis due to the coronavirus pandemic has raised concerns about India’s dependence on imports and strongly put the case for encouraging domestic manufacturing in the country. Though, the government also aimed to support the industry but the road towards this is filled with lot of challenges, which needs to be sorted […]

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Solis 110kw String Inverter for Commercial Rooftop Applications

1. PRODUCT PROFILE Solis 110kW is designed to achieve low LCOE in commercial installations, increasing system returns through a more intelligent, reliable, efficient and secure string inverter technology solution. Solis is making full use of its fifth-generation technology platform in its new 110kW string inverter designed for commercial rooftop applications. The fifth-generation platform incorporates industry […]

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JinkoSolar’s Australian Arm Inks 1-Yr Line of Credit Pact with NAB‎

JinkoSolar Australia, an Australian arm of NYSE-listed JinkoSolar Holding Co. Ltd, has entered into a one-year AUD 37 million line of credit agreement with the National Australia Bank (NAB), one of the four largest financial institutions in Australia. JinkoSolar is one of the largest and most innovative solar module manufacturers across the globe. As per […]

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