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solar power developers

PFC, REC may Restrict Funding for Projects Using Chinese Equipment

The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […]

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Siemens Gamesa to Supply Tailor-Made Turbines for 53 MW Wind Farm in Germany

Spanish wind turbine manufacturing giant Siemens Gamesa will supply its tailor-made solutions in order to provide optimal yield for a 52.8 MW wind energy farm in North Rhine-Westphalia state in Germany. Under the agreement, the wind turbine maker will supply 13 turbines with outputs ranging from 3.6 MW to 4.1 MW, various rotor diameters and […]

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Hindustan Zinc Looking to Offload Wind Energy Assets

Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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Australia to add 1.2 GWh of Energy Storage Capacity in 2020: WoodMac

According to new research, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. According to new research, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes […]

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SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments

SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […]

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Argentina’s Renewable Projects Likely to Hit by Covid-19, Tightening of Economy

The construction and commissioning of renewable energy projects in Argentina are expected to get delayed on the back of the coronavirus crisis and tightening of the economy during the last two years. The reason behind the delay in the commencement of construction projects was due to the tightening of the economy which had restricted project […]

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