SUBSCRIBE NEWS LETTER

solar power projects

IndiGrid Completes Acquisition of GPTL Transmission Project for Rs 1080 Cr

IndiGrid has completed the acquisition of the GPTL transmission project from Sterlite Power at an enterprise value of Rs 1080 crore. The India Grid Trust (IndiGrid), India’s leading infrastructure investment trust, has announced that it has completed the acquisition of another transmission asset – Gurgaon Palwal Transmission Limited (GPTL), from Sterlite Power at an enterprise […]

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Sungrow Bags 100% Bankability for a Second Year From BNEF

Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […]

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Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive

Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […]

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Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation?

The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […]

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The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […]

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Remote Nubra, Zanskar Valleys in Ladakh to Get Connected to National Grid

The government has started work on a Rs 1,200 crore project to connect the Nubra valley and Zanskar valley in Ladakh to the national power grid. As part of efforts to boost infrastructure in the Ladakh region, the government has started work on a Rs 1,200 crore project to connect the northern most tip of the country – the […]

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Mahindra Partners With Israel’s REE Automotive to Develop EVs

Mahindra & Mahindra has inked a pact with Tel Aviv-based REE Automotive to explore the production of commercial EVs. Mahindra & Mahindra (M&M) has announced that it has inked a pact with Tel Aviv-based REE Automotive to explore the production of commercial electric vehicles (EVs). The Mumbai-based firm has signed a memorandum of understanding (MOU) […]

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Flipkart Pledges to 100 Percent EV Fleet by 2030

Flipkart has announced it is committing to a phased integration of electric vehicles (EV) into its entire fleet (directly owned or leased fleets) by 2030. Flipkart has announced its commitment to transition to electric vehicles (EV) by joining the Climate Group’s global electric mobility initiative, EV100. As a part of this commitment and to support […]

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