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Waaree, Metafin Partner to Offer Lending Solutions

The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […]

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Europe Added 4.9 GW Wind Energy Capacity in First Half of 2019

Europe added 4.9 GW of new wind energy capacity in the first half of 2019, but onshore installations were down due to serious issues in Germany Europe added 4.9 GW of new wind energy capacity in the first half of 2019, according to figures released by WindEurope. The combined installations of new onshore and offshore […]

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CEL Empaneling EPC Firms for BESS Projects

CEL has issued an EOI for empanelment of firms/EPC contractors for executing BESS projects in India. State-owned enterprise, Central Electronics Limited (CEL) has issued an Expression of Interest (EOI) for empanelment of firms/EPC contractors for executing Battery Energy Storage Systems (BESS) projects in India. The empaneled contractors will be able to participate in future project […]

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AEP Completes Acquisition of 227 MW Wind Project in Texas

AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […]

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Magenta Power Launches EV Charging Stations

This series of charging stations are best suited for community charging such as offices, malls and residential societies. In a bid to support government’s National eMobility program, solar power systems provider Magenta Power has launched its electric vehicle (EV) charging stations called ‘ChargeGrid’ series. The company said in a statement that this new series is […]

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EESL, NOIDA Join Hands to Install 100 Charging Stations

The initiative is likely to save more than 4.04 tonnes of CO2 emissions per e-car per year. The government-backed Energy Efficiency Services Ltd (EESL) has entered into an agreement with the New Okhla Industrial Development Authority to fast-track the adoption of e-mobility by promoting robust EV infrastructure and installing around 100 public charging stations. The […]

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8 Key Points From KUSUM Scheme Implementation Guidelines

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Firms Go to Court Against AP Order to Review PPAs

Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […]

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Fuel Subsidies 3-Times Higher Than EV Budget: Report

A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […]

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