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The Perils Of A High Customs Duty Regime

Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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Vestas Wins Wind Turbine Orders Worth 429 MW in North America

Vestas has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. Global wind major Vestas has announced that it has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. The first is an order placed […]

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JinkoSolar to Supply PV Modules Worth 126 MW for Chile Project

JinkoSolar will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile. […]

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Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports

Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […]

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Future of Residential Solar: Post Covid Period

Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […]

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UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth

The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […]

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MNRE Declares March 25-May 31 as Lockdown Period for RE Projects

MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […]

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Bank of America Signs Another Solar Deal, This Time in Texas

Bank of America has announced today its first 10-year structured renewable energy agreement with Reliant for solar power in Texas. Bank of America has announced today its first 10-year structured renewable energy agreement for solar power in Texas. In partnership with Reliant, an NRG Energy company, the deal will contribute to Bank of America’s commitment […]

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