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MNRE Makes Few Amendments in Provisions for DRC

The Ministry of New & Renewable Energy (MNRE) has made few amendments in the existing provisions for the Dispute Resolution Mechanism under which disputes are considered between solar/ wind power developers and SECl/ NTPC. The amendment has been made w.r.t. fee payable in case of extension of dispute time. As per the ministry notification, all […]

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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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Canadian Solar Announces Plan to Repurchase $150 mn in Shares

Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period beginning December 9, 2019, and ending June 8, 2020.  […]

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UP Govt Clears Proposal for Operation of 700 Electric Buses

Uttar Pradesh Government has cleared a proposal for the operation of 700 electric buses as part of the public transport system in 14 cities across the state The Uttar Pradesh Government has cleared a proposal for the operation of electric buses as part of the public transport system in 14 cities across the state. UP […]

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NTPC Tenders for 870 kW Rooftop Solar System

NTPC has issued a tender for the commission of an 870 kW grid-connected rooftop solar PV plant NTPC Limited has issued a tender, inviting bids from eligible firms for the commission of an 870 kW grid-connected rooftop solar PV plant at the NTPC Vindhyachal Stage-2 TG Hall. The scope of work for the selected bidders […]

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ADB Meets Commitment to Double Annual Climate Financing to $6 bn

ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […]

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China’s Module Market Grows Despite Slowdown in Domestic Solar Industry

The decline in annual installations of solar in China did not seem to have had an impact on its module manufacturing industry, a new analysis has revealed The decline in annual installations of solar photovoltaics (PV) in China does not seem to have had an impact on the country’s solar module manufacturing industry. The country’s […]

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Sterling and Wilson Solar Kicks-off 200 MW Solar Plant Construction in Australia

BSE-listed one of the leading solar EPC solutions provider Sterling and Wilson Solar Ltd (SWSL) on Monday said that it has commenced the construction of a 200 MW solar power plant in Australia. This Wellington solar farm is being developed by Lightsource BP, which is an independent global leader in funding, development, acquisition and management […]

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Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL

In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […]

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