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SEBI Permits ‘ReNew Power’ to Float IPO

The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […]

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SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment

Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […]

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Myanmar Signs ISA Framework Agreement; Becomes 68th Member

On the sidelines of the ‘Delhi Dialogue 10’ of the India-ASEAN summit in New Delhi, the Minister of International Cooperation of Myanmar, Kyaw Tin has handed over the ISA Framework Agreement to the External Affairs Minister Sushma Swaraj. Taking a step forward to combat climate change, Myanmar has recently joined the India-led International Solar Alliance […]

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NIWE Installs LiDAR for Offshore Wind Resource Assessment at Gulf of Khambat

In order to be competitive, developers are encouraged to deploy most advanced technologies. The National Institute of Wind Energy (NIWE), an autonomous institution under the Ministry, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast. The Power and New & Renewable Energy Minister, […]

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PV + Energy Storage will be Cheapest Energy Soln in 10 Years: Li Zhenguo

Once the economic efficiency of the PV and energy storage is realized, traditional fossil fuels will be quickly replaced, Li said. China-based LONGi Group President Li Zhenguo said that within ten years, photovoltaic plus energy storage will become the cheapest energy solution. He was speaking at the 9th China-Germany Economic and Technical Cooperation Forum in […]

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Capital Dynamics’ CEI to Buy Csolar South and West

The company has acquired CSolar south and west projects from Tenaska, a leading independent power producer (IPP) in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. An independent global asset manager, Capital Dynamics through its Clean Energy Infrastructure (CEI) team has inked a pact to […]

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Tata Power Solar Gets ‘Solar PV EPC Company of the Year’ Award

The company was adjudged winner as ‘Solar PV EPC Company of the Year’ on the basis of rigorous assessment by a jury on various parameters of management. Integrated solar company & Tata Power’s arm, Tata Power Solar has won the coveted India Solar Week 2018 for its outstanding contribution to industry development in the Solar […]

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NIWE, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast

Developers are encouraged to deploy most advanced technologies IREDA, a non-banking financial institution under the Ministry has conducted studies with foreign assistance during the last three years and current year Most of renewable energy projects in the country are being implemented by the private sector developers selected through a transparent bidding process. In order to […]

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