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Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis

Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […]

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Tender For Procurement of 100 Electric Buses Issued in Goa

The last date for bid submission is April 12, 2019 NTPC Vidyut Vyapar Nigam (NVVN) has invited bids from eligible bidders for procuring 100 electric buses to operate in the state of Goa. The brief scope of work for the selected bidder/supplier will include the operation of 100 electric busses including their day-to-day maintenance. As […]

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Public Transport Permit Mandatory for Commercial EVs To Avail FAME-II Incentives

The Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme in its second phase starting next week, has made Public transport Mandatory for commercial EVs. From April 1, the owners of commercial electric vehicles (three wheelers and four wheelers) will be required to have a public transport permit from a government agency in […]

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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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China Cuts Electric Vehicle Subsidies To Push Innovation

After a huge spike in sales of electric vehicles, China has announced plans to reduce subsidies for electric vehicles sold in the country. China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. However, the cuts were […]

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Tata Power Solar Launches Solar Rooftop Solutions in Jaipur

TATA Power Solar has launched its solar rooftop solutions in Rajasthan’s capital city of Jaipur After the successful launch of residential rooftop solution in Delhi, Mumbai, Bhubaneswar, Bengaluru, Chennai, Guwahati, Jamshedpur and Kolkata, Tata Power has launched its rooftop solar solutions in the pink city of Rajasthan-Jaipur. The event was inaugurated by Mr. Suman Chandrawat, […]

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Anesco Picks EDF Energy & Upside For Solar and Battery Farm Trading Deal

EDF Energy will provide Anesco with a guaranteed minimum revenue to give income certainty. France-based EDF Energy in a partnership with technology partner Upside Energy has signed a deal with Anesco, one of UK’s largest renewable energy companies, to optimise a combined 16 MW of solar and battery assets at the Clayhill solar farm. This unique […]

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IPGCL Issues List of Empanelled Vendors For Capex-B Model

A total of 14 vendors have been allocated solar capacities worth a total of 4 MW under the capex-B model. The state-owned utility firm, Indraprastha Power Generation Co. Ltd (IPGCL), has issued the list of empanelled vendors under the capex-B category (10 kW TO 100 kW) of its 35 MW solar rooftop tender under the […]

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Zunroof Bids Lowest For IPGCL’s 35 MW Solar Tender Under CAPEX A,D Model

Zunroof was the L1 bidder at Rs 42,000/kW in the capex A and D categories for development of solar power projects in 1-10 kW range. Gurgaon-based clean energy startup, Zunroof has won 250 kW capacity as the L1 bidders in Indraprastha Power Generation Co. Ltds (IPGCL) 35 MW solar tender under the Mukhyamantri Solar Power […]

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