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PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects

PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […]

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MNRE Puts ‘One World One Sun One Grid’ on Hold

MNRE has announced that the RfP for the central governments’ One World One Sun One Grid’ initiative has been put on hold until further notice. The Ministry of New and Renewable Energy (MNRE) has announced that the Request for Proposals (RfP) for the central governments’ One World One Sun One Grid’ initiative has been put […]

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Ather Energy Raises Rs 84 Crore From Hero in Series C Extension

EV startup Ather Energy has said it has raised Rs 84 crore from the country’s largest two-wheeler maker Hero MotoCorp as an extension of series C round. Electric vehicle startup Ather Energy has said it has raised Rs 84 crore from the country’s largest two-wheeler maker Hero MotoCorp as an extension of series C round. […]

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LG Chem Unveils Full Home Backup Solution With SolarEdge

LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […]

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20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur

The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […]

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MNRE Extends Timelines for ‘One Sun One World One Grid’

MNRE has announced that it has extended the timelines of the RfP for implementing the One Sun One World One Grid initiative. The Ministry of New and Renewable Energy (MNRE) has announced that it has extended the timelines of the Request for Proposal (RfP) for developing a long term vision, implementation plan road map, and […]

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Skilancer Solar Launches Waterless Robots for Rooftop Solar Panels

Skilancer Solar has launched its autonomous waterless robot for the cleaning of small-scale solar power plants installed on residential rooftops. Cleantech startup Skilancer Solar has announced the launch of its autonomous waterless robot for the cleaning of small-scale solar power plants installed on residential rooftops. This product will be an addition to the firms’ portfolio […]

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DMRC One of the Greenest Metro Services Globally

DMRC is meeting 32 percent of its total energy requirement from the 750 MW Rewa solar park, making it one of the greenest metro services in the world. The Delhi Metro Rail Corporation (DMRC) had recently announced that it is meeting 32 percent of its total energy requirement from the 750 MW solar power project set at Rewa […]

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […]

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