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RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report

A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) []

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Sterling And Wilson Completes 25 MW Oman Project for Shell

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has successfully commissioned its second project in Oman. The 25 MW solar project was awarded to SWSL by global energy company Shell. Creditably, SWSL commissioned this project on time with more than 300,000 safe manhours during the pandemic by following all the []

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EESL Tenders for Off-Grid Solar Pumps Under Component B of KUSUM Scheme

EESL has issued a tender for the installation off-grid solar water pumps in selected states of India under component B of the PM KUSUM scheme. Energy Efficiency Services Limited (EESL), a JV of PSUs of the Ministry of Power, has issued a tender for the supply and commissioning of off-grid solar PV water pumping systems []

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CAMS Acquires Solar O&M Company Belectric

Consolidated Asset Management Services (CAMS) today announced that it has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc. The Belectric portfolio includes 141 operating sites in 11 states. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its []

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Hyundai Motor Company Reveals Glimpse of First Image of IONIQ 5

South Korea based automobiles provider Hyundai Motor Company has revealed the first images and videos of the highly anticipated IONIQ 5 midsize CUV, the first model in its IONIQ dedicated battery electric vehicle (BEV) lineup brand. IONIQ 5 will be the first EV coupled with Hyundais Electric-Global Modular Platform made exclusively for next-generation electric cars []

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Sterlite Power Completes Merger of Subsidiary; Announces Annual Results

Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further []

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Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra

Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of []

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IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr

RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid []

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Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator

US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker ISUN. []

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