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In Boost to US, WTO Rules Against China On Solar Tariffs Dispute

The World Trade Organization (WTO) on Thursday ruled in favor of the United States in a dispute with China over tariffs on solar panels that were imposed by the previous American administration on imports from China. The tariffs had been slapped on in January 2018 by the Trump administration, setting off a chain of events that continues []

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SECIs 1200 MW Tranche XI Wind Tender Sees Winning Bids at Rs 2.69/Unit

Wind Energy continues to charge up in 2021, with SECIs Tranche XI tender attracting winning bids at Rs 2.69/unit. The winning firms this time were ReNew Power (300 MW), Sembcorp through its subsidiary Green Wind Infra Energy (180 MW), Evergreen Power through Anupavan Renewables (150 MW). Adani Green scooped up the largest parcel of 450 []

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Adani Green Raises $750 M for Projects in Pipeline

Adani Green Energy Ltd (AGEL) has priced its maiden ListCo senior issuance of $750 million through a 3-year issuance under the 144A / Reg S format, at a fixed coupon of 4.375%. The issuance was oversubscribed by 4.7 times. This issuance establishes AGEL as Indias leading credit in the renewable sector with a robust and []

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Cheaper Land On Agenda For US Admin For Solar and Wind Projects

Cheaper access to land for solar and wind projects has become a key tool for the US administration of President Joe Biden to drive growth in solar and wind capacity. With renewable energy a key pillar of the green new deal to reduce emissions and decarbonise the US economy, the issues assumes significance at a []

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Lowest Bid of $0.01332/kWh Reported in Chiles Renewables Auction

The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System []

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Sono Motors Receives 14,000 Orders Worth $350 M for Solar EV

German automobile startup Sono Motors has announced that it has achieved 14,000 private reservations for its Sion the worlds first Solar Electric Vehicle (SEV) for the masses with an average down-payment of $3,300. The company released its first generation Sion prototype in 2017. The company states that even prior to the commencement of []

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Automakers Shun Low-cost Small Cars, Focus on Producing Small EVs

Of late, the worlds biggest automakers have been putting an end to their production of smaller cars among internal combustion engine models and are shifting towards making smaller EVs due to their growing popularity. Rising Costs A Driver Now One reason for this change in the industry is rising commodity and labor costs pertaining to low-cost []

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Occupier Demand for Green Buildings Grew in 2020, Says Study

In any given year, the construction, operation and decommissioning of buildings will be responsible for roughly 40% of total global greenhouse gas emissions. A new study has probed the attitudes of the sectors people to open a window on our collective prospects of avoiding climate catastrophe. It claims that around three-fifths of its surveys respondents globally []

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Ready For High Tide At Jakson Group

At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions []

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