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Sterling and Wilson Solar Q1 Results. Underwhelming

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […]

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CERC Permits SolarArise Subsidiary to get GST Compensation

The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […]

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Coal India Limited Tenders for 50/75 MW Grid Connected Solar Plant

Indian government-owned coal mining corporation, Coal India Ltd. has floated a tender through its subsidiary, Mahanadi Coalfields Ltd. for a grid-connected solar power plant of capacity 50/75 MW including evacuation infrastructure anywhere in Odisha. The solar power plant will be established through an EPC contractor including identification of 200 acres of actual land in Odisha […]

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Appliance Maker Stovekraft Is Greener With Solar Power Now

Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […]

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MNRE Starts Loan Scheme for Waste to Energy Biomethanation Projects

At a recent webinar organised on ‘World Biofuels Day’, the Ministry of New and Renewable Energy (MNRE), in association with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF), launched a loan interest subvention scheme to provide financial assistance to innovative waste to energy biomethanation projects and business models. A GIS […]

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HPCL Floats Tender for 628 KW Solar Plants in Tamil Nadu

Hindustan Petroleum Corporation Limited (HPCL) has issued a new tender, inviting online bids for pre-AMC servicing & CAMC of solar plants, with 628 KW capacity, in HPCL, Chennai New Terminal at NCTPS Main Road, Vallur Village, Tamil Nadu. The bid submission will close on August 15, 2021, at 12 pm, and the earnest money deposit […]

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Pakistan to Unveil First Domestically Produced Solar Panels

Pakistan is gearing up to increase the production and use of renewable energy as a measure to alleviate power shortages. To this end, the country’s government has proposed eliminating taxes associated with the manufacture of solar and wind energy equipment in the country. The University of Engineering and Technology (UET), Lahore, is set to launch the […]

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BHEL Invites Bids for O&M Of 25 MW Floating Solar Project in Andhra Pradesh

Bharat Heavy Electricals Limited (BHEL) has issued a new tender, inviting bids for the operation and maintenance works of 25 MW floating solar PV power project at NTPC Simhadri, Andhra Pradesh, for a period of 36 months. The estimated cost of the project is Rs 390.95 lakhs and the deadline for bid submission is August 17, 2021, before […]

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Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc

Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […]

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