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Solar Revenue

Rs 90,000 Crore Relief Package for Discoms a Non-Starter

The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […]

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Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown

With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […]

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Funding For Renewable Energy Software Development- Clir Raises C $1.7M

Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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Sunrun Partners up to Demonstrate use of Home Batteries as Grid Resources

Sunrun has partnered up with two major utilities in California and NY to demonstrate the use of home batteries as grid resources or virtual storage plants Sunrun, a leading US home solar, battery storage and energy services company, has partnered up with two major utilities in California and New York to demonstrate the use of […]

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Australia to add 1.2 GWh of Energy Storage Capacity in 2020: WoodMac

According to new research, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. According to new research, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes […]

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MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh

RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […]

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Vestas Secures Additional 35 MW Auction Win in Poland

Danish wind turbine maker Vestas has secured an additional 35 MW auction win in Poland for 16 x V110-2.0 MW turbines deployed in 2.2 MW power optimised mode with 120m towers in combination with a 25-years active output management 5000 (AOM 5000) service agreement. The company has won the auction for Elblag (Krasin) wind project […]

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