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Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch

Fitch Solutions believes that the centres proposed carbon tax waiver on coal may pose substantial downside risks to Indias renewable sector growth. Fitch Solutions has said that it believes that the centres proposed carbon tax waiver on coal may pose substantial downside risks to Indias renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed []

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BHEL Tenders for Floatation Platform for 22 MW Solar Project

BHEL has tendered s for developing the complete floatation platform for the 22 MW floating solar plant at NTPC Kayamkulam in Kerala. Bharat Heavy Electricals Limited (BHEL), Indias largest engineering and manufacturing enterprise has issued a tender, inviting bids from eligible firms for developing and fabricating a complete floatation platform for the 22 MW floating []

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FAME II Scheme has Failed for Electric Two-Wheelers: SMEV

Electric two-wheelers makers are learning to live without government support as the FAME II scheme has not met its objective, according to SMEV. Mass segment electric two-wheelers makers are learning to live without government support as the FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The []

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India Extends $75 mn LOC to Cuba for Solar Projects

India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) []

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CEL Floats O&M Tender for 1 MW Solar Plant in Rajasthan

The last date and time for submitting the bid application is January 15, 2020 at 11:00 Hrs, and the Earnest Money Deposit (EMD) is fixed at Rs 45,000. State-owned Central Electronics Ltd (CEL) has invited bids for the operation and maintenance (O&M) including round the clock security services at 1 MW solar power plant at []

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Solarpack Wins PPA Contract in Malaysia Worth 116 MW

Solarpack has announced the award of a long-term PPA for one of its projects under development in Malaysia. The 116 MW Suria Sungai Petani plant. Solarpack Corporación Tecnológica has announced the award of a long-term power purchase agreement (PPA) for one of its projects under development in Malaysia. The award, which is the result of []

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Can Surplus Renewables Production in West Rajasthan Build A Big Battery?

Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so []

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TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of []

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Shift Towards EVs Made Future of Li-ion Batteries Bright: Vibhas Verma

The prospects for lithium batteries right now and in the future are very positive. There is a lot of hype around lithium batteries which makes it a trending market. The shift that India and many other countries have made towards electric vehicles has made the future of lithium batteries very bright in every part of []

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