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GoodWe Listed on Shanghai Stock Exchange

GoodWe has announced that the IPO of its common stock is now officially listed as a public limited company on the Shanghai Stock Exchange. Solar inverter and storage solutions provider GoodWe has announced that the initial public offering of its common stock is now officially listed as a public limited company on the Shanghai Stock […]

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Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables

RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […]

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Study Reveals Tipping Points to Drive Mainstream EV Adoption in India

A major new study by Castrol has revealed the ‘tipping points’ to achieve mainstream electric vehicle (EV) adoption in India. A major new study released by Castrol draws on the views of consumers, fleet managers and automotive industry leaders from across India to reveal the factors driving EV buying decisions. The report ‘Accelerating the EVolution’ […]

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BHEL Launches new Business Vertical ‘Make in India’

Bharat Heavy Electricals Limited (BHEL) has announced that it has launched its new business vertical – Make in India (MII) Business Development Group. Bharat Heavy Electricals Limited (BHEL) has announced that in an attempt towards meeting Prime Minister’s vision of an Atmanirbhar Bharat, the equipment manufacturer has launched its new business vertical – Make in […]

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UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12

On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […]

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Ontario Wasted Enough Clean Electricity to Power 720,000 Homes in 2019: Report

OSPE has revealed that Ontario wasted a total of 6.5 TWh of clean electricity in 2019 – an amount sufficient to power 720,000 average homes for one year. The Ontario Society of Professional Engineers (OSPE), the voice of Ontario’s engineering community, has released updated data on curtailed (wasted) energy, following its 2019 Retail Electricity Price […]

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Tata Motors and Hyundai Win Bid to Supply 250 EVs to EESL

EESL will procure 250 EVs from Tata Motors and Hyundai Motor India after the two firms were selected through an international competitive bidding process Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, has announced that it will procure 250 electric vehicles (EVs) from […]

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Azelio Signs MoU With Atria Power for 65 MW Storage in India

Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […]

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Siemens Gamesa Wins 325 MW Onshore Wind Projects in Texas

Siemens Gamesa has been awarded two new onshore wind project sites in the state of Texas with a total installed capacity of 325 MW. Siemens Gamesa Renewable Energy (SGRE) has been awarded two new onshore wind project sites in the state of Texas with a total installed capacity of 325 MW. The projects include the […]

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