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Sterling And Wilson Solar Adds Rs 3015 crore Australian order to Kitty

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of approx. AUD 525 million (~ INR 2,600 crore) as well as the Operation and Maintenance (O&M) contract of approx. AUD 85 million (~ INR 415 []

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Govt to Offer Rebate to Discoms for Covid-19 Lockdown Period

With an aim to provide relief to cash strapped power distribution companies (Discoms), the government has taken a slew of measures to help them, including providing a rebate for the lockdown period amidst the coronavirus pandemic. The power ministrys move is in line with the Finance Minister Nirmala Sitharamans announcement on May 13, 2020, under []

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JinkoSolar Unveils 580W Tiger Pro Module Series for Utility Projects

JinkoSolar Holding Co Ltd, a leading solar module manufacturer, has launched its 2020 flagship Tiger Pro module series in a virtual product launch. The Shanghai-headquartered companys latest module series can generate a maximum power output of up to 580Wp, which is 40 percent higher as compared to current mainstream products installed in the utility-scale projects. []

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Power Sales Volume up 40%, 20% Rise in Profit in Q4 for IEX

Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. []

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The Power Minister and Power Honchos In Virtual Open House. Report

At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement []

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Top 10 States for Renewable Energy Installations in Last 4 Years

A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel []

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Solis to Raise $100 M and Double Production Capacity to 20 GW

Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of []

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Worlds 1st Offshore Farm to use 9.5 MW Turbines Comes Online

The 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid with green energy from all of its 23 fully wind turbines producing 9.5 MW each. In just under ten months from the start of the offshore works, the 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid []

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Iberdrola Acquires 2 Wind Projects in Scotland for 190 Mn

Iberdrola has purchased two onshore wind projects in Scotland, with a combined 165 MW capacity and which will involve an investment of around 190 million Spanish multinational electric utility Iberdrola has announced that it has finalised the purchase of two onshore wind projects in Scotland, with a combined 165-megawatt (MW) capacity and which will involve []

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