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SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms

SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […]

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ABB to Provide Charging Infrastructure for Public E-Buses in Singapore

ABB has won contracts to provide charging infrastructure for 40 single-deck E-Buses that will hit the roads of Singapore in early 2020. ABB has won contracts to provide electric bus charging infrastructure to charge 40 single-deck electric buses (E-Buses) that will hit the roads of Singapore in early 2020. The orders were received from BYD Singapore and ST […]

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Growatt Holds Shine Elite Workshop in Vietnam

Vietnam’s solar market is good news for the solar industry with the growing demand for electricity and government policy to promote PV development. With the support from Alena Energy and LONGi Solar, Growatt held its Shine Elite PV workshop on July 4, 2019, in Ho Chi Minh City. The meeting highlighted training on Growatt’s smart […]

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SECI Confirms Migration of Tenders From TCIL to ISN-ETS

With the migration of e-bidding and e-RA to the ISN-ETS website, SECI’s last 3 tenders live on the TCIL website have been migrated to the new website. The Solar Energy Corporation of India (SECI) has confirmed that with the process of migration of its e-bidding and e-RA to the ISN-ETS website, the last 3 tenders […]

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Dispute Resolution Committee Takes Shape as Power Minister Selects Members

In a major decision to facilitate the solar and wind energy projects R K Singh, Power Minister has selected the members of the Dispute Resolution Committee In a major decision to facilitate the solar and wind energy projects, R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt

Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […]

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MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC

MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […]

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Target Commits to Sourcing 100% Renewable Electricity by 2030

Target Corporation, the eighth-largest retailer in the US plans to source 100 percent of its electricity needs from renewable energy sources by 2030. Target Corporation, the eighth-largest retailer in the United States has announced its plans to source 100 percent of its electricity needs from renewable energy sources by 2030. The goal will apply to […]

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