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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […]

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Torrent Power Secures 50 MW Solar Power Plant from SkyPower

Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […]

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Draft Battery Swapping Policy From Niti Aayog- Key Points

The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as […]

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America’s Renewable Energy Project Completions Stumble

The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […]

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Hero Electric Partners with BOLT to set up 50,000 EV Charging Stations across India

Electric Two wheeler market leader Hero Electric has partnered with BOLT, India’s largest EV Charging Network, to set up 50,000 EV charging stations in India in the next one year. The announcement follows similar announcements involving Electric Pe, Sun Mobility and Massive Mobility that Hero Electric has already announced earlier. These cover the whole gamut […]

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Trade Compliance Engineer, Grade-II

Research, coordinate and support engineering staff in Trade Compliance, selection, and qualification of sourced and bought out components, assemblies, and related hardware. Ensure these components meet the product specifications and are reliable and effective. Works under limited supervision Duties & Responsibilities:- Functions Essential:- Determine Harmonized Tariff Schedule classifications ((HTSUS) for components and finished goods, including maintaining […]

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GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects

Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […]

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Free of Cost Rooftop Solar to Come Up in Chandigarh

Chandigarh is a step away from becoming the first city in the country that will have private players installing rooftop solar systems on private households for free of cost. Under the new business model, the private firms will be responsible for developing, installing, financing and operating the solar rooftop systems in the city. Or the […]

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MoP Launches Fresh Version of Scheme For Bundling Thermal with Renewable Energy

The Ministry of Power (MoP) has repealed its scheme on bundling thermal/hydro power plants with standalone renewable energy projects, substituting it with a fresh scheme. In November, 2021, MoP issued the ‘Scheme for Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power’ to comprehensively cover replacement of […]

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