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UAE’s Yellow Door Energy Raises $65 Million

The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […]

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Samsung’s Bengaluru R&D Centre Switches to Solar Energy

Through ‘energy wheeling’, the solar farm adds the required power to the state electricity grid and SRI-B in turn, receives an equal amount of power from the local electricity grid. Samsung’s R&D centre in Bengaluru (SRI-B) has switched to solar power to light up its campus situated in the country’s IT capital. The campus which […]

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Government Lowers Import Duty on EV Components

The Central Board of Indirect Taxes and Customs (CBIC) has carved out a separate category for parts and components of an electric vehicle for which customs duty has been lowered to 10-15 percent. To promote domestic assembling of electric vehicles, the government has lowered customs duty on import of parts and components of such vehicles […]

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Tender for Geo-Technical Study of 500 MW Kadaladi Solar Park to Close on Jan 31

The last date for bid-submissions is January 31, 2019. And the bids will open on the same day I.e. January 31, 2019. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has issued a tender for conducting geotechnical testing for the establishment of its 500 MW Kadaladi Solar Park in the Ramanathapuram District of Tamil Nadu. […]

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NISE Extends Deadline for Tender for Probe Holder Assembly for Contacting Solar Cells

The last date of bid-submissions has been extended from January 25, 2019, to February 1, 2019, as per the new notification. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE) has issued a notification for the extension in the deadline for bid-submissions for its tender. […]

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SECI Issues Tender for 3 GW Solar Linked with 1.5 GW Manufacturing

The detailed RfS document will be available for download from 18:00 hrs on January 30, 2019. The Solar Energy Corporation of India (SECI) has issued a tender for selection of solar power developers for setting up of a 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar […]

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Viz-A-Viz with Ashit Maru, Co-founder, MYSUN

Quality Manufacturing and Easy Financing Needs Serious Attention Local manufacturing and the quality standards of local make has to be addressed and scaled-up as well, if we are to see any major boost as a manufacturing hub for rooftop solar. Quality manufacturing and easy financing are the two factors that have to be taken very […]

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China’s CATL To Open German Plant For EV Batteries in 2021

CATL already has strategic agreements with carmakers including SAIC Motor Corp, Geely, BMW and Volkswagen. The world’s largest EV battery maker, China’s Contemporary Amperex Technology (CATL) plans to produce 60 GWh of battery storage by 2026 from its battery plant in Germany, its first production site in Europe. The company will focus on next-generation nickel-rich […]

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Poland Aid to LG Chem EV Battery Plant Gets EU Approval

The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […]

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