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India Imported Solar Equipment Worth $1.18 Bn From China Between April-December

India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months of the current financial year RK Singh has informed. India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months — between April and December — of the current financial year (2019-20), union minister of new and renewable energy RK Singh has […]

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Record Amount of Wind Turbine Capacity Ordered Globally in 2019

2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis. 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis from Wood Mackenzie. As noted in the report, ‘Global […]

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Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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Centrica and VW Announce EV Enablement Partnership in UK

Centrica, Volkswagen (VW) set to accelerate EV adoption across the UK, after agreeing on a 3-year partnership to provide home charging solutions for new owners Centrica, the UK’s biggest energy company, and the Volkswagen Group (VW), one of the world’s leading automotive manufacturers, are set to accelerate EV adoption across the UK, after agreeing a three-year […]

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Southern Railways Granted Net Metering for 4 MW Rooftop Solar Project

TNERC has directed TANGEDCO to provide Southern Railways with net metering connections for its 4 MW of rooftop solar projects. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has directed state Discom Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to comply with the state’s solar energy policy and provide Southern Railways with […]

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UK the Global Hotspot, but Offshore Wind Potential is Spread Globally

The UK has cemented its status as the global market leader in offshore wind, according to an analysis which puts it on top, followed by Taiwan and the US The United Kingdom (UK) has cemented its status as the global market leader in offshore wind, according to an analysis released by the Renewables Consulting Group […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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Vedanta Seeking Developers for 100 MW Solar Projects in Odisha

Vedanta Limited has issued an RfP for the selection of developers for setting up a 100 MW solar project under the BOOT Model at multiple land parcels of Vedanta in Odisha. Vedanta Limited has issued a Request for Proposal (RfP) for the selection of developers for setting up of 100 MW ground-mounted solar project through […]

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