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Policy Certainty Will Increase Renewable Investment in India: IEEFA

Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report Indias Renewable Energy Policy []

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Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr

Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. The consolidated net profit of the company stood at Rs 154 crore []

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Tata Motors Wins EESL Tender; To Deploy Tigor EVs for UGVCL in Gujarat

Tata Motors, a USD 44 billion company, on Thursday said that it has won a tender from state-owned Energy Efficiency Services Ltd (EESL) to supply its Tigor Electric Vehicles (EVs) to state power distribution company Uttar Gujarat Vij Company Ltd. (UGVCL). As per the deal, the leading auto manufacturer will deploy Tigor EVs in Gandhinagar []

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Hero Electric Ropes in Piyush Prasad As National Business Head

Hero Electric, a market leader in the Indian electric two-wheeler industry, said that it has appointed Piyush Prasad as its national business head. In his new role, Prasad will be responsible for leading business across tier-I, II, III and below markets as the brand aims to further spread awareness for electric vehicles (EVs) in the region. Moreover, []

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Q3 results. Sterling and Wilson Continues To Answer More Questions

With the fracas over repayment of loans to promoters barely dying down, Sterling and Wilsons rocky start to its relationship with the markets was supposed to become steadier. Instead, the firm found itself preparing for a barrage of questions, after underwhelming results. Readers might recall the punishment the firms stock price took, when it was []

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JinkoSolar Wins Top Brand PV Europe Seal 2020 Award for 2nd Consecutive Yr

One of the worlds leading solar module manufacturers JinkoSolar has won the Top Brand PV Europe Seal 2020 award from EuPD Research, an internationally recognized research institute, for the second consecutive year. EuPD Research awarded the top PV seals based on its global PV installer monitor survey which compiles the opinions of solar installers from []

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Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie

The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The []

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US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019

The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalDatas deals database. A total []

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Avangrid to Develop Oregons Largest Solar Farm; Inks 15 Yr PPA with PGE

Oregon-based fortune 1,000 public utility Portland General Electric (PGE) has entered into a power purchase agreement (PPA) with Avangrid Renewables, an arm of Avangrid Inc., to buy electricity generated through solar power. As per the 15 year deal, the company will purchase power generated from a new 162 MW solar facility. Avangrid Renewables will develop []

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