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SECI Signs PSA for 400 MW Solar Power With Telangana Discom

SECI has signed a PSA worth 400 MW solar power with the Telangana Discom in Hyderabad. The Solar Energy Corporation of India (SECI) has signed a Power Sale Agreements (PSA) worth 400 MW solar power with the Telangana Discom at the Vidyut Soudh in Hyderabad. The signing of the agreement was announced on the official […]

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NEC Energy to Provide 100 MW Storage Projects in Northern Ireland

NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF). NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF) and project developer Low Carbon. […]

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Panasonic India Aiming to Expand EV Charging Offerings

Panasonic India is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years and is also looking to expand its EV charging offerings Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions India has announced that it is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading […]

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EV Startup Byton and Marubeni Strike Partnership in Series C Financing

Premium EV manufacturer BYTON and Marubeni Corporation have announced a strategic partnership for Marubeni to become a partner in the Series C financing. Premium electric vehicle (EV) manufacturer BYTON and Japan’s Marubeni Corporation have announced a strategic partnership. Marubeni will become a partner in BYTON’s Series C financing. The two companies will also explore opportunities […]

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Subsidies & Fines Not The Only Prescription for Transport in India

The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […]

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Discoms Dues to Power Generators Rises to Rs 81k Cr in November

Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […]

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Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […]

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Blink Charging and Chakratec to Receive Grant from BIRD Energy Program

Blink Charging has announced the approval of BIRD Energy Program’s match-funding for the Blink and Chakratec project for DC fast-charging solutions Blink Charging has announced the approval of the Israel-US Binational Industrial Research and Development (BIRD) Energy Program’s match-funding for the Blink and Chakratec project for affordable, everyday DC fast-charging solutions, “Boosting EV Charging through […]

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