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Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh

RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […]

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Verizon Prices Second Green Bond, to Fund Renewable PPAs

Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […]

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SECI’s 100 MW Solar Plus 50 MW Storage Tender Gets Timeline Changes

SECI’s latest tender for the commissioning of a 100 MW solar along with a 50 MW storage in Chhattisgarh has seen alterations to some tender dates. Solar Energy Corporation of India’s (SECI’s) latest tender for the commissioning of a 100 MW (ac) solar project (200 MWdc) along with a 50 MW/ 150 MWh Battery Energy […]

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Delhi Govt Agencies Begin Planning for Citywide EV Charging Network

All government agencies in Delhi will carry out a comprehensive planning exercise to identify locations for setting up public EV charging stations. All government agencies in Delhi including the three MCDs, NDMC, DDA, PWD, transport department, DTC, DMRC, and DSIIDC will carry out a comprehensive planning exercise over the next two weeks to identify concessional […]

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Solaria now Files ITC Complaint Against Canadian Solar

On the heels of its lawsuit filed in March against Canadian Solar in a US District Court, Solaria has now filed additional claims against Canadian Solar with the ITC. On the heels of its lawsuit filed in March against Canadian Solar Inc. (CSIQ) in the US District Court for the Northern District of California, Solaria […]

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Tender Issued for 100 MW Wind Projects in Bangladesh

BPDB has tendered for selection of project sponsors for implementation of wind power projects of 100 MW (50 MW x 2) capacity at two sites in Bangladesh. The Bangladesh Power Development Board (BPDB) has issued a tender for the selection of project sponsors for the implementation of grid-tied wind power projects having a capacity of […]

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LG Chem to Split Battery Business into new Enterprise

LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […]

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Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio

Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […]

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TN, AP and Telangana Account for 71% Discom Dues to RE Generators

Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector.  Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […]

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