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Over Rs 150 Crore Rooftop Solar Power Scam Surfaces in JAKEDA

A multi-crore scam has surfaced in Jammu and Kashmir Energy Development Agency (JAKEDA). Solar Projects worth Rs 155 crore for supply, installation and commissioning of roof top solar power plants were allotted to 10 firms without any tenders while the 14 other firms which qualified in the tendering process got just Rs 42.35 crore contract, […]

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Fortum Plans to Foray into more Indian Cities with Higher per Capita Income

The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […]

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Growatt Unveils its PV Solns in Europe; Eyes Substantial Sales Growth

Buoyed by the significant growth of solar in the European markets, the company has been engaged in surging investments in the region; appointing more workforce and establishing a branch office in Rotterdam recently. With an aim to grow sales substantially in coming years, China-based PV-solar inverters maker Growatt has displayed its next-generation photovoltaic (PV) solutions […]

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Vattenfall & GE to Cooperate on Deployment of Largest Offshore Turbine in Europe

Vattenfall and GE Renewable Energy plan to join forces in the deployment of GE’s new wind turbine, the Haliade-X in Europe. With a capacity of 12MW, it is the largest offshore wind turbine on the market to date. Development and production of the new 12MW turbine.  It features a 220-meter rotor, a 107-meter blade (the […]

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Vestas Secures Orders Worth 687 MW From PacifiCorp

TB Flats I and II and then Ekola Flats are part of PacifiCorp’s Energy Vision 2020 initiative, a USD 3.1 billion investment to expand wind power via repowering existing projects. Denmark-based, Vestas has bagged orders worth 687 MW for three wind projects from PacifiCorp, a subsidiary of Berkshire Hathaway Energy. The first order is for 459 […]

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Panasonic Launches Smart EV Charging Service ‘Nymbus’ in India

Japanese electronic major, Panasonic has launched the first of its kind smart EV charging service in India – Nymbus. A futuristic charging service combines physical components such as charging stations, swap stations, onboard charges, telematics systems and the virtual components like cloud service, analytics, intuitive dashboard, and artificial intelligence to deliver a one-stop solution. It […]

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Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue

If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […]

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Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd

Industry Needs Some Breathing Space in Terms of Prices to Grow   Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […]

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Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs

This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […]

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