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A World Solar Bank and India’s Solar Ambitions.

In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain  solar energy worldwide, with special attention to the […]

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PFC, REC may Restrict Funding for Projects Using Chinese Equipment

The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […]

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DGTR to Conduct Hearing on Safeguard Duty for Solar Cell Imports

The DGTR has called an oral hearing on July 3, 2020, to take forward the ongoing probe on the continued imposition of safeguard duty on solar cell imports. The investigation arm of the Ministry of Commerce and Industry, the Directorate General of Trade Remedies (DGTR) has called all concerned parties for an oral hearing on […]

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Vestas Secures 84 MW Order to Supply Wind Turbines in Vietnam

In a series of order win, Danish wind turbine maker Vestas has won 84 MW order for the supply, transportation, installation and commissioning of an aggregate of twenty V150-4.2 MW wind turbines for a wind project in Vietnam. The wind major also provides tailor-made solutions as per the specific requirements, after working closely with the customer […]

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Sensor Market Growth to be Dictated by Increase in EV Demand: Report

Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV), according to a new report by Strategy Analytics. Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV). The new Powertrain Body Chassis and Safety (PBCS) service report by Strategy Analytics, forecasts that […]

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EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria

EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […]

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Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’

Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […]

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Vestas, Rabobank, Windpark Ink Pact for Netherland’s Largest Onshore Wind Park

Danish wind turbine major Vestas has entered into a partnership with Rabobank and Windpark Zeewolde B.V. to build Netherland’s largest onshore wind project. Also, the three companies have closed the contracts for wind turbines and financing for the Windpark Zeewolde project in the Netherlands. The Windpark Zeewolde wind project is a unique collaboration of over […]

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Inadequate Policy Support for RE Startups and SMEs in India: WWF India

There are only a handful of policies that help accelerate the growth of RE startups and SMEs to meet India’s clean energy demands, finds a new report. While India’s move towards clean energy transition has led to the emergence of various startups and Small and Medium Enterprises (SMEs), there are only a handful of policies that help […]

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