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sPower Closes on $350 Mn Commitment for 620 MW Solar Project

sPower has closed on a USD 350 million tax equity commitment for the 620 MW dc Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company has closed on a USD 350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania […]

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Solar PV Corporate Funding Expected to Take a hit

Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […]

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Solar Subsidies. Is It Time To End Them?

Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […]

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Nissan Licenses Lithium-ion Battery Technology to APB Corporation

Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […]

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IEA Finalises $65 Mn Construction Contract for 150 MW Wind Project

IEA has finalised a USD 65 million wind construction award in the state of Iowa. The award is for the construction of a 150 MW wind farm. The Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced that the Company finalised a USD 65 million […]

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Renault Sets Sights at Electric Vehicless Future in China

Renault has unveiled its new strategy for China, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). French automobile major Groupe Renault has unveiled its new strategy for China, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold […]

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Indian Oil Tenders for AMC of 600 kW Rooftop Solar System in Mathura

Indian Oil has issued a tender for the comprehensive Annual Maintenance Contract (AMC) for its 600 kW rooftop solar PV system at its Mathura Refinery. The Indian Oil Corporation (IOCL) has issued a tender, seeking eligible bidders for the comprehensive Annual Maintenance Contract (AMC) for its 600 kW rooftop solar PV system at its Mathura […]

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Sterlite Power Commissions Rs 1,027 Cr worth of Gurgaon Palwal Transmission Project

Adding another feather in its cap, Sterlite Power, one of the leading global developers in power transmission space, has commissioned the Gurgaon Palwal Transmission Project (GPTL) worth Rs 1,027 crore. This project is expected to enhance the power capacity of the Gurugram and Palwal areas in the state of Haryana by ~2000 MW. Further, the […]

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Tata Power Wins 2020 Edison Award in the field of Innovation

Utility giant Tata Power has won the most designated global Edison Award for its Club Enerji #Switchoff2SwitchOn campaign under Social innovation category and Social Energy Solutions subcategory. The Edison Awards, named after Thomas Alva Edison, recognizes and honours the world’s best innovations and innovators. The company has won the award after all nominations were reviewed by the Edison […]

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