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KEC Secures Orders Worth Rs 1192 Cr in Transmission, Cables and More

KEC International has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution. Maharashtra headquartered infrastructure Engineering, Procurement and Construction (EPC) company KEC International Ltd has announced it has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution (T&D), urban infrastructure, civil construction and cables. The firm has secured orders of Rs […]

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The same duties on imports of cells & modules are not going to serve the purpose: Prasoon Chaudhary

In a chat with Prasoon Chaudhary, Business Unit Head, Photovoltaic Solar Manufacturing at Pennar Industries Limited, we got his perspective on the many challenges the module side of the business faces today. After their success in the mounting structures business, the engineering goods firm is looking ahead to replicating the same level of success in […]

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China to add 251 GW of new wind capacity by 2029

Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […]

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Energy & Meteo Systems: RE Forecasters To The World

Germany-based Energy & Meteo systems is one of the little known names, that packs quite a punch when you take a hard look at their work. The firm, which recently announced their formal entry to India with their energy forecasting solutions, has already pocketed the forecasting for Pavagada solar park, one of the biggest in […]

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Tesla and PG&E Break Ground on 182.5 MW BESS System in California

Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […]

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US-based AES Corp Expands Footprint in Brazilian Renewable Sector

The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […]

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NTPC Planning to Raise Rs 1000 Crore via Bonds

NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […]

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Government Keen on Removing Duty Concessions for Wind Turbine Parts

The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […]

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With SGD Extended by 1 Year, Manufacturer’s Eye BCD Announcement in August

Following the recommendations of the DGTR (Directorate General of Trade Remedies) last week, the government has formally notified the extension of the Safeguard Duty (SGD) by a year on Chinese origin solar equipment. The extension, till July 29, 2021, seeks to protect Indian manufacturers from alleged dumping by Chinese firms. Interestingly, there is no mention […]

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