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CIT Leads Financing for 108 MW Solar Project in North Carolina

The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […]

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NIPSCO Announces two Solar Projects Worth 300 MW in Indiana

NIPSCO has announced the next phase of its plans to transition to cleaner energy resources, with the addition of two new solar projects in central Indiana. NIPSCO, a subsidiary of NiSource Inc has announced the next phase of its plans to transition to lower-cost, cleaner energy resources, with the addition of two new solar projects that […]

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Solar Installations in Q1 2020 Slowed Down in India, China and US: Report

According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […]

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BHEL Tenders for Insurance of two Floating Solar Plants

BHEL has issued a tender for the Marine-Cum-Storage-Cum-Erection (MSE) Insurance of two floating solar plants it is currently developing for NTPC. Bharat Heavy Electricals Limited (BHEL) has issued a tender for the Marine-Cum-Storage-Cum-Erection (MSE) Insurance of two floating solar plants it is currently developing in Simhadri, Andhra Pradesh and Kayamkulam, Kerala for NTPC. At Simahdri, […]

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Clean Energy can Shore up Indian Economy From Current Position: Kant

Clean energy has the potential to shore up the Indian economy from the current downturn, according to Amitabh Kant, CEO of Niti Aayog. Clean energy has the potential to shore up the Indian economy from the current downturn caused by the coronavirus pandemic, according to Amitabh Kant, CEO of the Government of India’s policy think […]

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20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur

The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […]

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Three Solar Parks Proposed in Anandpur Sahib – Punjab

The Punjab government is planning to set up three solar parks in the Anandpur Sahib parliamentary constituency, Congress MP Manish Tewari has said. The Punjab government is planning to set up three solar parks in the Anandpur Sahib parliamentary constituency, Congress MP Manish Tewari told local reporters. The state government has asked the deputy commissioners of Mohali and Rupnagar to identify the land for the purpose, the […]

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MERC Provides Relief To Renew Power On Project Delay Plea

In a ruling that follows a well trodden path for multiple wind energy developers in Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC), has provided relief to Renew Power SPV (Special Purpose vehicle) Renew Vayu Urja Private Limited (Renew) in a case against the MSEDCL (Maharashtra State Electricity Distribution Company Ltd). Maharashtra Energy Development Agency (MEDA) […]

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Over 1 Bn at Risk From Lack of Sustainable Cooling Access: SEforALL

A new report from SEforALL looked at 54 countries and finds that 1.02 billion people lack cooling access and remain at high risk With significantly higher rates of poverty and malnutrition forecast throughout the year due to COVID-19, a new report from Sustainable Energy for All (SEforALL) shows that without access to sustainable cooling, countries will struggle to fully recover. The report ‘Chilling […]

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