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Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta

We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […]

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At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction

In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […]

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Massachusetts Selects 804 MW Mayflower Wind Proposal

Mayflower Wind has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from offshore wind to the electricity customers within the state Mayflower Wind Energy, a joint venture of Shell New Energies and EDPR Offshore North America (EDPR), has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from […]

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Hindustan Aeronautics Seeking Partners for EV Charging Business

Hindustan Aeronautics Limited (HAL) has issued an RFI, seeking interest from eligible Indian firms for partnering with in the EV charging business. Hindustan Aeronautics Limited (HAL) has issued a Request for Information (RFI), seeking interest from eligible Indian firms for partnering with in the electric vehicle (EV) charging business. As per the RFI document, the […]

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Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round

Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […]

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Global Wind Technology Tenders Down 26 percent in Q3 2019

Wind technology tenders activity in Q3 2019 saw a drop of 26 percent over the last four-quarter average of 58. Wind technology tenders activity in Q3 2019 saw 43 tenders announced, marking a drop of 26 percent over the last four-quarter average of 58, according to a new analysis. According to GlobalData’s power industry tenders […]

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SECI Extends Deadline for Manufacturing-Linked Tender, Again

SECI has extended the bid submission deadline for the 7 GW manufacturing linked solar tender. The Solar Energy Corporation of India (SECI) has issued a notification extending the bid submission deadline for the 7 GW manufacturing linked solar tender, yet again. In its latest amendment, the agency has extended the deadline for the tender from […]

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Quercus Sells 320 MW of Renewable Assets to Green Arrow

Green Arrow and Quercus have signed an agreement for the sale of 100 percent of the management company QAS, which holds 320 MW in renewable energy assets Green Arrow Capital (GAC) and Quercus Investment Partners have signed an agreement for the sale of 100 percent of the management company Quercus Assets Selection (QAS), to GAC, […]

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Is Chindia the Answer to India’s Manufacturing Puzzle?

When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […]

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