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AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden

The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […]

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Green Certificates Trading Mirrors Power Slowdown with 35% Drop

Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68  lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […]

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500W Modules and Higher Efficiency, India Falling Behind

Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […]

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Inox Wind Arm Sells Entire 51% Stake in Sri Pavan Energy

Inox Wind, a leading wind energy solutions provider in India, said that its wholly-owned subsidiary, Inox Wind Infrastructure Services Ltd (IWISL), has sold its entire 51 per cent shareholding in Sri Pavan Energy for about Rs 5.1 lakh. The Kailash Lal Tarachandani-led company said in a regulatory filing that, “our wholly-owned subsidiary, Inox Wind Infrastructure […]

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Top 10 Solar Inverter Companies in India

With growing economic activity and growth,  India’s power consumption too reached to 1,164 TWh till November 2019. That makes India  the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […]

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HPCL Tenders for Off Grid Solar Plant in Jodhpur

Government-owned Maharatna company Hindustan Petroleum Corporation Ltd (HPCL) has floated tender inviting bids for the 7.5KW off-grid solar energy power plant in Jodhpur, Rajasthan. As per the tender details, the successful bidder will have to install 7.5KW ground-mounted off-grid solar power plant at COCO Pachpadhara Barmer under Jodhpur Retail regional office. The scope of work […]

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SECI Issues NIT for Setting Up of 10 MW Grid Connected Solar Plant in Rajasthan

State-owned Solar Energy Corporation of India (SECI) on Friday has revealed its plan for setting up of 10 MW grid-connected solar photovoltaic (PV) power plant in Rajasthan. In this regard, the nodal agency has issued a notice inviting tender (NIT) for the “selection of solar power developers for setting up of 10 MW grid-connected solar […]

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KYB and REE Partner to Develop Next-Gen Modular EV Platforms

KYB and REE Automotive have announced a strategic partnership to develop suspension capabilities for future EV platforms. KYB Corporation (KYB) and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms. According to the joint statement issued by the firms, automotive Tier 1 supplier KYB’s unparalleled semi-active […]

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ONGC and NTPC to Form JV for Renewable Energy Business

ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […]

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