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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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RITES to Tender for 400 MW Solar Projects on Vacant Railways Land

RITES Ltd is soon going to tender for deployment of solar projects worth 400 MW on the vacant lands owned by the Indian Railways. RITES Ltd, an engineering consultancy company that works under the aegis of the India Railways is soon going to tender for deployment of solar projects worth 400 MW on the vacant […]

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The Leading Electric Two-Wheeler Companies in India

The leading electric two-wheeler companies in India based on their sales figures for the financial year 2019-2020. Two-wheelers, perhaps one of the few industrial segments where India does not have a disadvantage vis a vis global scale, are poised to lead the EV transition in India. This is on the back of existing players as […]

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Global Report Showcases Success of E-Buses Deployment in Kolkata

As part of its extensive work on EVs, IEA as a part of its latest flagship report has presented a case study showcasing the success of e-buses in Kolkata As part of its extensive work on electric vehicles (EVs), the International Energy Agency (IEA) as a part of its latest flagship report – the “Global […]

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EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA

While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […]

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AIPEF Appeals to the PM to put new Electricity Bill on Hold

AIPEF has appealed to the PM to put the draft Electricity Bill on hold as it is against the federal structure of the country wherein electricity is a concurrent subject The All India Power Engineers Federation (AIPEF) has appealed to the prime minister to put the draft Electricity (Amendment) Bill on hold as it is against the federal structure […]

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DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah

With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […]

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