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renewable energy

Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too?

With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some []

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Watch: Interview with Abhijeet Gupta, Director, Radite Group

 Radite Energy is a fast growing EPC company that earned a name with its successful EPC execution of large solar projects. It has also been involved with work on boundary fencing, telecom towers set up, electric vehicle charging infrastructure, besides services like operation and maintenance, equipment hiring and manpower hiring. In an exclusive interview []

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Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project

Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, []

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Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects

DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by []

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To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL

Governments, businesses and society as a whole need to change the prevailing mindset from business-as-usual to business-as-unusual to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, theres a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization []

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a []

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Iberdrola Acquires 118 MW of Spanish Wind Projects from Siemens Gamesa

Iberdrola has reached an agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total capacity of 118 MW Iberdrola is progressing its plan to relaunch clean energies following its agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total installed capacity []

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New York Finalises Contracts for 1700 MW Offshore Wind Projects

NYSERDA has finalised contracts with Equinor and Sunrise Wind (Ørtsed and Eversource) to deliver 1700 MW of offshore wind energy to New York. Governor of New York, Andrew M. Cuomo has announced that the New York State Energy Research and Development Authority (NYSERDA) has finalised contracts with Equinor Wind US for its 816 MW []

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Deadline for BIS Certification of Inverters Gets 3 Month Extension

The Ministry of New and Renewable Energy (MNRE) has extended the deadline for self-certification of solar inverters through the BIS, again. The Ministry of New and Renewable Energy (MNRE) has extended the deadline for self-certification of solar inverters through the Bureau of Indian Standards (BIS), again. In its notification, the ministry has cleared that considering []

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