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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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Restrictive Guidelines Under Govt Schemes to Impact System Integrators: Report

According to a new analysis, there are two critical restrictive guidelines for integrators in the new KUSUM and SRISTI schemes by the MNRE According to a new analysis by JMK Research and Analytics, there are two critical restrictive guidelines in the new schemes that the Ministry of New and Renewable Energy (MNRE) has recently launched. […]

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Solis inverter debuted on the news feature of “Good crops on photovoltaic power stations” by CCTV in its “Half-Hour Economy”

On August 16, China CCTV economical channel’s “Half-Hour Economy” broadcast a news feature on “Good crops on photovoltaic power stations” Solis inverter debuted on “Good crops on photovoltaic power stations”  In this 12-minute news feature, Solis inverter explained the successful model of Desertification control in the Kubuqi desert in details with practical cases. At the heart of the Kubuqi […]

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Reverse Bidding Is Not Always The Best Friend For Quality: Rohit Kumar

Reverse bidding is not always the best friend for quality specifically in the Indian context, and this was also highlighted recently by PI Berlin study tour where the PV consultancy PI Berlin issued a report highlighting serious safety concerns, poor installation practices on system output monitoring, as well as a worrying lack of warranties. We […]

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Environment Ministry Trims Lease Rent on Wind Projects

The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […]

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Nearly 73% of Germany’s Power Needs to be met by Renewables by 2030

The share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by 2030 A new report has revealed that the share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by […]

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Okaya Power Unveils New Range of Lithium E-Rickshaw Battery

As part of its limited period introductory inaugural offer, the company is offering its customers lithium battery charger worth Rs 10,500 for free with each lithium e-Rickshaw battery unit till stock lasts. Okaya Power Pvt Ltd, an arm of Rs 7 billion Okaya Power Group, has launched a new range of Okaya Lithium e-Rickshaw battery, […]

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Renewables to Account for 30% of Total Installed Capacity in the US by 2030

According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […]

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