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Tender For 250 kW Solar Plant Issued in Kerala

The last date of bid submission is May 28, 2019. The Kerala State Electricity Board (KSEBL) has issued a tender, inviting bids from domestic bidders for the appointment of EPC contractors for setting up of grid-connected solar PV power plants worth 250 kW at the Kerala University of Health Sciences (KUHS), Thrissur. The scope of […]

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United States Hits 2 Mn Solar Installations, 4 Mn Expected by 2023: Report

The report forecasts that there will be 3 million installations in 2021 and 4 million in 2023, continuing the swift rise of solar. A new report has revealed that the United States has crossed the 2 million solar PV installations landmark. Progressing at an astonishing rate, the second million installations came in a period of […]

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Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating

The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s.  Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […]

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NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan

The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […]

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Vestas Reports Drop in Earnings in Q1 Results

Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […]

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MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications

The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministry’s Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which […]

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Sungrow Bags 400 MW Inverter Deal For Chile’s Largest Solar Plant

The solar PV farm in Copiapó, once completed, is expected to be the largest PV plant in the South American nation. Sungrow, one of the leading global inverter solution supplier for renewables, has signed an agreement with Enel Green Power Chile to supply its featured 1500V inverter solutions to a 400 MW PV farm in […]

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STMicroelectronics’ IGBTs Boost Performance with Latest High-Speed Technology

IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as uninterruptible power supplies (UPS) and solar inverters. The STMicroelectronics HB2 650V IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as PFC converters, welders, uninterruptible power supplies (UPS), and solar inverters, leveraging ST’s latest Trench Field Stop (TFS) […]

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Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund

Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […]

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