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AAP’s ‘Switch Delhi’ Focuses On Sensitizing Youth, Enters Final Week of Campaign

AAP’s ‘Switch Delhi’ – eight weeks electric vehicle (EV) campaign has entered its final week and the Delhi government is endeavouring towards sensitising youth about the perks of EVs and Delhi EV policy in the final week of the campaign. Transport minister Kailash Gahlot termed Delhi’s EV policy as the “most progressive policy around the […]

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Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report

The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […]

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State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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Apple Commits to More Clean Energy, With Energy Storage Marking a new Frontier

Apple has announced that it is investing in a major energy storage project in California to pilot new solutions for renewable infrastructure. Apple has announced that over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their Apple production, with nearly 8 gigawatts (GW) of planned clean energy […]

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DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules

DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […]

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DTE Electric Company Completes Third Green Bond Offering

$1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […]

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No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA

India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […]

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KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore

KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […]

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Vestas Expands Footprint in Japan With two new Orders

Global wind major Vestas has announced that it has expanded its footprint in Japan with a 43 MW order for the Yokohama-machi Wind Power Plant in Aomori prefecture, Japan. Owned by Japan Wind Development, the project will feature nine Vestas V117-3.45 MW and three Vestas V105-3.45 MW turbines with 94-meter towers. All turbines are delivered in 3.6 MW operating […]

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