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KERC favours BESCOM in Tariff Dispute With Emmvee Solar

In an order that was published yesterday, the Karnataka Electricity Regulatory Commission  has ruled to dismiss a petition by Emmvee Solar Systems, against BESCOM (Bangaloire Electricity Supply Company Limited). The key issue was Emmvee Solar’s contention that by denying it a tariff of Rs  9.56 as per the PPA it signed with BESCOM on 27.02.2016, […]

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Jolywood to Supply Solar Panels for Largest Bifacial Plant in Middle East

Jolywood has been named the exclusive bifacial module supplier for the world’s largest single-unit N-type solar power station in Oman, Middle East. Jolywood (Suzhou) Sunwatt Co has announced that it has been named the exclusive bifacial module supplier for the world’s largest single-unit N-type solar power station in Oman, Middle East. The firm has delivered 105 MWac of solar […]

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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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Everon & Arcadia Partner to Drive Clean Charging for EVs

Everon has announced its partnership with Arcadia to launch new solutions that will make it easier for all drivers of EVs in the US to charge sustainably. Everon, a global EV charging platform, announced its partnership with Arcadia (previously Arcadia Power), the only nationwide US technology company focused on clean consumer energy. At a time […]

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Renesola to Exit Solar Projects Worth 15 MW in Hungary

ReneSola has entered into an agreement to sell a portfolio of solar projects worth 15 MW located in Hungary to Obton, a leading solar investment company. ReneSola, a leading fully integrated solar project developer, has announced that it has entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment […]

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Mercedes-Benz & Geely Holding JV to Develop Premium EVs

Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […]

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Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report

According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […]

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BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables

BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […]

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