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Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz

With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […]

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Capstone Infrastructure Acquires 51% Stake in 132 MW Solar Project

Capstone Infrastructure has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar. Capstone Infrastructure Corporation has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar Inc. The remaining 49 percent interest is indirectly […]

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Corporations Bought Record Amount of Clean Energy in 2019: BNEF

Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […]

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Limited CERC Relief For Avaada, Canadian Solar in GST Dispute with SECI

In a detailed order with far reaching implications for multiple cases related to the same issue, the Central Electricity Regulatory Comission (CERC) has provided limited relief to Avaada Power Private Limited and Canadian Solar Holdings on their GST related claims. The pricipal issue for both firms was that the enactment of the GST law was […]

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ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020

ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […]

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Reduction in Power Cost due to Prepayment by Customers: Power Ministry

The Ministry of Power has asked the state and UT governments to consider reducing the cost of power due to prepayment by the end consumers. The Ministry of Power (MoP) has in its latest notification asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the […]

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NTPC to Help Develop Solar Projects Worth 283 MW in Togo

NTPC has been selected as the Project Management Consultant (PMC) for development about 283 MW solar power Projects in Togo. NTPC has been selected as the PMC for development about 283 MW solar power Projects in Togo. And the PSU has now been provided with the letter of engagement for the development of the projects […]

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Adani Green Energy Subsidiary Bags 700 MW Solar-Wind Capacity in Maharashtra

Rosepetal Solar Energy (RSEPL), a wholly-owned subsidiary of Adani Green Energy has been awarded 700 MW solar-wind hybrid capacity by AEML in Maharashtra Rosepetal Solar Energy (RSEPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has been awarded 700 MW solar-wind hybrid capacity by the Adani Electricity Mumbai Limited (AEML) after the state commission […]

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Bengaluru Rooftops Capable of Generating 2.5 GW Solar Power

A survey conducted by BESCOM has revealed that the rooftops of 1.4 lakh buildings in Bengaluru have the potential to generate 2.5 GW of solar power. A survey conducted by the Bangalore Electricity Supply Company Limited (BESCOM) has revealed that the rooftops of 1.4 lakh buildings have the potential to generate 2.5 GW of solar […]

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