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Goldi Green Offers Free Insurance to Residential Rooftop Solar Plant Customers

The company is providing free insurance to its residential rooftop solar plant customers as it believes that a solar power plant is an important long-term investment for a customer and insuring it against unforeseen calamities & accidents is equally important as well. One of the leading solar PV module maker, Goldi Green said that it […]

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Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20

The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […]

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NDB Clears $300 Mn to Fund South African Energy Sector

The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […]

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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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