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ReneSola Forms JV to Establish 3 GW Solar PV Manufacturing Facility

ReneSola and Zhongnan Industry have decided to enter into a JV to set up a Solar PV manufacturing facility with an annual production capacity of 3 GW in China. ReneSola, a world reputed Solar PV Module manufacturer & Zhongnan Industry, a well-known conglomerate in China, has decided to enter into a joint venture (JV) to []

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L&T Transmission and Distribution Business Bags Large Contracts

L&T power transmission and distribution business has bagged large contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged large contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as []

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EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down

EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and []

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Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island

Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more []

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REC Arm REC-PDCL Wins SECI Tender for 10 MW Solar Project in Jaipur

REC Limited has announced that its arm REC-PDCL has emerged as the lowest bidder for a 10 MW solar project in Jaipur under an auction conducted by SECI. State-owned public Infrastructure Finance Company in the power sector REC Limited, formerly Rural Electrification Corporation, has announced that its arm REC Power Distribution Company (REC-PDCL) has emerged []

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Centre Planning EV Charging Points at 69K Petrol Pumps Across India

The government is mulling setting up at least one EV charging kiosk each at nearly 69,000 petrol pumps across the country to boost e-mobility. The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility. Besides, the government is also thinking of making it compulsory to []

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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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Delhis IGI Airport Exploring Clean Energy Alternatives

DIAL which operates the IGI Airport is looking at alternative solutions for generating clean and green energy, a top company official has confirmed. The Delhi International Airport Ltd (DIAL), a joint venture which is led by the GMR Group, which operates the Indira Gandhi International (IGI) Airport in the Capital is looking at alternative solutions []

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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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