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HPCL Invites Bids for Consultancy for 100 MW Solar Projects in Andhra Pradesh

State-owned Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the selection of a project management consultant for the installation of 100 MW solar project at Galiveedu Solar Park in Andhra Pradesh. The project is for captive consumption. The EPMC consultant will be responsible for the design, engineering, procurement, supply, erection, and commissioning of […]

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Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity

Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […]

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SOFAR Futuristically Designed Factory Visited by PVO International

SOFAR, a global provider of PV and ESS solutions, was recently visited by PVO International Commercial Director Hans Ekelmans and Procurement Manager Erwin Damen at the firm’s brand-new manufacturing base in Huizhou. The first phase of SOFAR latest smart and digital factory covers an area of over 110 thousand square meters, with a total investment […]

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Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

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World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms

World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […]

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Omnivore Seals First Close of Third Fund at $150 Million

Impact venture capital firm Omnivore has announced the first close of its third fund at $150 million. First close investors include KfW, the Self Reliant India (SRI) Fund, FMO, SIFEM, the International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation Inclusive Agritech Facility, Louis Dreyfus Company Ventures, the Dutch Good Growth […]

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German Solar Focused Startup 1KOMMA5° Turns Unicorn With €430M Funding Round

1KOMMA5° a Hamburg, Germany-based startup that has 1.5°C greenhouse emissions limit integrated in its name has become one of the fastest climate unicorns in Europe.  It follows another German startup that raised significant funding recently namely Enpal which completed a round where it secured €430 million commitments.The German startup has raised €430M in a Series […]

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Sr. Manager/AGM – Plant Maintenance & Utilities

Lead the site Maintenance function in providing both a reactive and pro-active, multi-skilled maintenance service on all operational equipment and facilities infrastructure. Responsible for mean time between failure and downtime reduction, and manage and implement improvement plans, driving Key Performance Indicators (KPI’s) ensuring that Health, Safety and Environmental requirements are adhered to. Manage the team […]

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Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities

With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […]

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