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Renewables Under Modi. A Success Story Validated by Industry Stakeholders.

Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […]

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Indore Airport Seeks Solar Power To Cut CO2 Emission

Official said they have already implemented most of the necessary measures like installation of energy saving LED lights and a solar power plant for energy efficiency Indore airport, also known as Devi Ahilyabai Holkar Airport, may soon be recognized for its significant progress in managing carbon emissions by a global airport body. Airport authorities plan […]

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Vikram Solar Successfully Appraised by Black & Veatch

After a detailed review of the module design and bill of materials for module configurations, the Kansas based firm came to a positive conclusion that Vikram Solar modules successfully met the requirements of international standards in those respects.  Vikram Solar, one of India’s leading module manufacturers and prominent rooftop solar & EPC solutions provider, has […]

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Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […]

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Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US

C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for […]

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Solar Project Investor PFS Reports 12.7% Growth in 2018-19

Indian power projects investor. PTC Financial Services (PFS) has issued its results for the financial year 2018-19. For PFS the total revenue for the year stood at Rs 1,336.51 crore, which was Rs 151.36 crore more than the company reported in the previous year (FY 2017-18) at Rs 1,185.15 crore. From 2017-18 to 2018-19 the […]

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Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report

2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […]

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Naval Institution in Kochi Commissions Solar Plant

The solar plant is expected to generate close to 14,400 units of energy every year. The Naval Armament Inspectorate (NAI) in Kochi has taken a big step on the green route by harnessing solar power to meet its supplemental energy requirements.  Director General of Naval Armament Inspection (DGNAI) Rear Admiral Sanjay Misra inaugurated the rooftop solar power plant at […]

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Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4

During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […]

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