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solar power developers

“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration”

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […]

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CERC Allows ACME Petition To Qualify Entry Tax As Change In Law

The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […]

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2021 Best Year Ever With 21.1 GW Expansion For Offshore Wind, Says GWEC

The latest Global Offshore Wind Report by the Global Wind Energy Council (GWEC) asserts that the offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid. The launch of the report would also coincide with the United Nations Ocean Conference in Lisbon. The report stated that […]

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Electric Pickup Trucks: Everything That Concerns You

Times are changing, and electric vehicles are inexorably gaining in popularity. Consumers seek an alternative to the high gas prices which is sustainable, and automakers push to reduce private transportation’s dependence on fossil fuels. Electrification of mobility efforts started with hatchbacks, sedans, and even crossover SUVs. The wave finally hit one of the world’s most […]

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World Bank Provides $165 M To Support RE In India’s Residential Sector

The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […]

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Rajasthan High Court Dismisses Petition Against Land Allotment For 450 MW Project

The Rajasthan high court in a recent judgement has dismissed a petition that sought to challenge land allotment by the Government over a solar project. The PIL threatened grave environmental issues if solar projects were to be commissioned in Western Rajasthan. In a landmark judgement, the Justice not only dismissed the petition but also penalised […]

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Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten

One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […]

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SECI Tender Invites Bids For 30 MW FSPV On DVC Reservoirs In Jharkhand & WB

The Solar Energy Corporation of India Limited (SECI) has floated a tender for setting up of grid connected 30 MW Floating Solar PV (FSPV) Plants on raw water reservoirs of Damodar Valley Corporation thermal power plants at Koderma, Mejia and Raghunathpur thermal power stations across Jharkhand and West Bengal. The tender is available online on […]

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