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Portugal Braces to Break 1 Rupee Tariff Barrier In Bids

Portugal, which held the title of the world’s lowest Tariffs at Rs 1.22 ($16.54/Mwh) approximately after the first round of its solar auctions last year, is set to break the 1 rupee barrier in the second round of auctions, results for which are to be announced today. The earlier record had been eclipsed by Qatar’s […]

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C&S Electric Acquisition by Siemens Limited Approved by CCI

CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […]

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New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV

Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […]

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Siemens Gamesa Selected for Adani’s 473 MW Wind Project in Rajasthan

Siemens Gamesa has received a firm order from Adani Green Energy for one of the largest wind power projects in India. A 473 MW project in Rajasthan. Siemens Gamesa Renewable Energy, one of the world’s leading wind turbine manufacturers and solutions provider has announced that it has received a firm order from Adani Green Energy […]

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Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore

Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […]

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BHEL Tenders for Commissioning of BESS for TERI at 3 Sites in Delhi

BHEL has issued a tender for setting up of 410 kWh BESS for TERI at 3 sites in Delhi. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible firms for setting up of 410 kWh Battery Energy Storage Systems (BESS) for The Energy Resources Institute (TERI) at 3 sites in Delhi. […]

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Seraphim inks 150 MW Module Supply Agreement With Raystech at SNEC 2020

Seraphim has entered into a 150 MW photovoltaic module supply agreement with Raystech Group at SNEC 2020 in Shanghai. Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar product manufacturers, entered into a 150 MW photovoltaic module supply agreement with Raystech Group at the SNEC PV POWER EXPO 2020 in Shanghai. Raytech is […]

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Sungrow Debuts 1500V Lithium-ion Energy Storage Solution at SNEC 2020

Sungrow, a global leading inverter solution supplier for renewables, debuted its latest 1500V LFP Lithium-ion energy storage system (ESS) solutions for a full range of applications at the SNEC 2020. The Company unveiled the new 1500V LFP ESS solutions to meet growing demands across the globe. The ESS solutions allow the PCS capacity varying from […]

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Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target

As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […]

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