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Growatt Wins ‘Best Selling String Inverter of the Year’ Award

The company has consolidated its technology, product and service advantages, which favor its business expansion in India. China-based PV-solar inverters maker Growatt has won the ‘Best Selling String Inverter of the Year’ award, which recognizes it’s development progress on Indian rooftop sector. The company has consolidated its technology, product and service advantages, which favor its […]

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World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE

The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […]

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Saudi Arabia and China To Boost Renewable Energy Cooperation

Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […]

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Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes

Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd.  “The rating of the proposed notes reflects […]

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EESL & BRPL to Launch Super-Efficient Air Conditioning Programme

EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […]

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NTPC Invites Applications For Enlistment of Wind Energy Developers

The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha

Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […]

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Amazon to Rely on RE to Cut Carbon Footprint

Amazon is calling its program “Shipment Zero,” and plans to publicly publish its carbon footprint for the first time later this year. Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener. The online retail giant announced plans to make half of all its shipments carbon neutral by 2030. […]

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