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ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale

ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […]

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Salem Smart City Mission Tenders for 3 MW Solar Power Plants

The Salem City Municipal Corporation has issued a tender for the commissioning of a 3 MW solar power project at Erumapalayam, Salem District of Tamil Nadu. The Salem City Municipal Corporation (SCMC) has issued a tender, inviting bids from eligible bidders for the commissioning of a 3 MW solar power project at Erumapalayam, Salem District […]

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Will ADITYA Succeed Where UDAY failed?

Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […]

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Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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Financial Services Firm Visa Reaches 100% Renewable Electricity Goal

Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […]

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European Commission Announces new Green Deal Worth €1 tn

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […]

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KERC favours BESCOM in Tariff Dispute With Emmvee Solar

In an order that was published yesterday, the Karnataka Electricity Regulatory Commission  has ruled to dismiss a petition by Emmvee Solar Systems, against BESCOM (Bangaloire Electricity Supply Company Limited). The key issue was Emmvee Solar’s contention that by denying it a tariff of Rs  9.56 as per the PPA it signed with BESCOM on 27.02.2016, […]

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Indore Smart City Seeking Consultant for 100 MW Solar Plants

The Indore Development Limited (ISCDL) has issued a tender seeking consultant for 100 MW solar plants at various locations. The Indore Development Limited (ISCDL) has issued a tender, seeking a consultant for 100 MW floating/ ground-mounted/ rooftop solar PV power plants at the Yashwant Sagar Dam Reservoir, Jalud Water Pumping Station and various locations. The […]

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Huawei FusionSolar with Optimal LCOE Popularizes New Energy in MEA

The World Future Energy Summit (WFES) is taking place at the Abu Dhabi National Exhibition Center on January 13-16, 2020, representing the largest future energy and sustainability event held in the Middle East and Africa (MEA). Huawei showcases its Smart PV Solution for utility-scale and distributed PV plants, following the principle: “AI BOOST FusionSolar for […]

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