SUBSCRIBE NEWS LETTER

energy price

Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, []

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Five Indian EV Cab Companies Decarbonising Urban Transport

  In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, []

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DelEVery Launches Its Flagship Electric Loader XL200 At Rs 1.14 L

Tamil Nadu-based Future Motors Corporations commercial fleet Delevery has unveiled its new flagship two-wheeler electric loader named XL 200. It has been crafted especially to cater to the loading and delivery needs of commercial businesses in the Indian market demands. The company has kept the ex-showroom price of the new product at Rs 1,14,900. It []

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SECI Announces Tender for 1000 MWp Domestically Manufactured Solar Modules

The Solar Energy Corporation of India (SECI) has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 1000 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for submission of bids is August 17, 2023. The time for completion for the entire 1000 MWp (DC) []

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Engineer- Facilities I

The Facility Engineer I will oversee building maintenance, housekeeping, landscaping, contractor work administration, and safety management. This role will receive input from various internal and external sources, working with Plant Replication, Manufacturing and Development Engineering to modify facility systems ensuring project budget and timing is met.  The successful individual will have a broad knowledge of []

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Have FTA Routes Become Conduits For Cheaper Solar Modules into India?

Export-related data has revealed that during April and May of this fiscal year, the quantum of imports of solar modules from countries with which India has a free trade agreement (FTA) has increased significantly, with a 48% share of total solar imports. The sharp move is beginning to hurt domestic manufacturers yet again, as they []

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Indian Firm Devises Furnace That Can Help To Produce Efficient Solar Cells 

A Bangalore-based company with expertise in producing thin film and vacuum technology now claims to have made a revamped furnace that can aid in reducing the price of solar PV module manufacturing in the country and make efficient solar cells.  The firm named Hind High Vacuum (HHV) has now made a directional solidification (DSS) furnace. []

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CERC Grants Additional Time To HPX To Meet Min Net Worth Norm

The Central Electricity Regulatory Authority (CERC), in its latest order, granted the Hindustan Power Exchange Limited (HPX) additional time to meet the minimum net worth norm. HPX is one of the few operational power exchanges in India. As per the CERC (Power Market) Regulations 2021, these power exchanges are bound to meet the minimum net worth []

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India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report

A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the []

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