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India will be a Manufacturing Hub for EVs Within 5 Yrs: Gadkari

India will become a manufacturing hub for electric vehicles (EVs) in next 5 years, said by Nitin Gadkari, the Union Minister for Road Transport & Highways and MSMEs. Minister confidently said that his government is trying to extend best possible concessions to the sector, and has lowered the Goods and Services Tax (GST) on electrical […]

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IEA Offers Sustainable Recovery Plan to Governments to Boost Economic Growth

IEA has outlined energy-focused policies and investments in a new Sustainable Recovery Plan to move the world towards a cleaner and more resilient future. The International Energy Agency (IEA) has, based on an analysis conducted in cooperation with the International Monetary Fund (IMF), outlined energy-focused policies and investments in a new Sustainable Recovery Plan to […]

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Cab Aggregator Lyft Commits to 100% Electric Vehicles by 2030

Lyft has, in collaboration with Environmental Defense Fund, made a commitment to reach 100 percent electric vehicles (EVs) on the Lyft platform by 2030. Leading cab aggregator – Lyft has announced that it has, in collaboration with Environmental Defense Fund, made a commitment to reach 100 percent electric vehicles (EVs) on the Lyft platform by 2030.  The […]

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MHI Vestas Gets Firm Order for 1140 MW Offshore Wind Project

Seagreen Wind Energy has finalised the turbine supply contract with MHI Vestas for 114 turbines for Scotland’s largest offshore wind farm. MHI Vestas has announced that Seagreen Wind Energy has finalised the turbine supply contract with the manufacturer for 114 turbines for Scotland’s largest offshore wind farm. It was in October 2019, when MHI Vestas […]

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Australia to add 1.2 GWh of Energy Storage Capacity in 2020: WoodMac

According to new research, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. According to new research, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes […]

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SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments

SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […]

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Sonnedix, Natixis Close Financing for 100 MW Solar Portfolio

Sonnedix and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW solar PV portfolio in Chile. Sonnedix, a global solar independent power producer (IPP), and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW portfolio (Sonnedix PMGD Portfolio) of approximately 20 solar photovoltaic plants in Chile. The Portfolio consists […]

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JA Solar Signs Cooperation Agreement With Mexican Distributor

JA Solar has signed a partnership agreement with Exel Solar, a leading distributor of PV products in Mexico. JA Solar, a manufacturer of high-performance solar photovoltaic (PV) products, recently signed a partnership agreement with Exel Solar, a leading distributor of PV products in Mexico. As part of the agreement, the two parties are set to […]

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