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Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra  

Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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Redavia’s Free Solar Leases Program Becomes Hit in Ghana, Kenya

Redavia, which offers solar power for businesses and communities especially in East and West Africa, has signed four new contracts under its ‘COVID-19 Resilience Leases’ program in the Ghanaian and Kenyan region. Under the program, the company is offering businesses with 6 months of free solar to withstand the coronavirus crisis. One of the beneficiaries […]

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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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Sungrow Unveils New Central Inverter at Virtual Show

Chinese inverter manufacturer Sungrow has on Thursday unveiled its new central inverter SG6250HV-MV during a virtual show organised amidst the changing market conditions due to coronavirus pandemic. The company said in a statement that the turnkey station SG6250HV-MV for 1500Vdc system integrated 2 units of outdoor central inverter SG3125HV-30 with medium-voltage transformer and other components […]

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MNRE to Form Project Development Cell for Attracting Investments in India

MNRE is constituting its own Project Development Cell (PDC) for attracting investments in India, by the development of investible projects in the country The Ministry of New and Renewable Energy (MNRE) has announced that the Central Government has approved the setting up of an Empowered Group of Secretaries (EGoS) and Project Development Cell (PDC) in […]

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Sunrun Partners up to Demonstrate use of Home Batteries as Grid Resources

Sunrun has partnered up with two major utilities in California and NY to demonstrate the use of home batteries as grid resources or virtual storage plants Sunrun, a leading US home solar, battery storage and energy services company, has partnered up with two major utilities in California and New York to demonstrate the use of […]

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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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