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solar manufacturing

Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA

Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […]

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The Perils Of A High Customs Duty Regime

Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […]

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5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA

According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […]

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New Battery Electrolyte That can Boost Performance of EVs

A team of scientists has invented a new lithium-based electrolyte, that they show can pave the way for the next generation of battery-powered EVs A team of scientists at Stanford University has invented a new lithium-based electrolyte, that they show can pave the way for the next generation of battery-powered electric vehicles (EVs). In a study published […]

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Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports

Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […]

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Doors now Open for Offshore Wind Energy in Poland

The Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind energy in Poland”. On July 1, 2020 representatives of the Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind power in Poland”. The […]

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India to add Only 60 GW RE Capacity by 2025: BTI Survey

India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by BTI. India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by […]

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FICCI Makes the Case for Extending FAME-II by 2 Years

FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […]

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Suzlon Completes Debt Restructuring With Rs 392 Crore Infusion

Suzlon Group has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. Indian wind energy major Suzlon has announced that it has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. In May, the group […]

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