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Tesla may Go Private For $420 Per Share Price

The $420 share price of Tesla is seemingly decided on the fact that it is already a valuable automaker in the United States. Stunning the shareholders and onlookers, Elon Musk in a tweet mentioned about thinking to make the American Multinational Corporation, Tesla, private at a cost of USD 420 per share. The tweet made […]

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Irish Gov’t to Roll First Tender under Renewable Energy Scheme in 2019

The renewable energy scheme would also incentivize sufficient renewable energy generation to meet national and EU-wide renewable energy and decarbonization targets out to 2030. Adding to the enhancement of renewable energy sources, Ireland approved of its long awaited Renewable Electricity Support Scheme (RESS). The scheme aims at recognizing the country’s potential clean energy outlets with […]

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Poland Passes Amendment to Back Renewable Energy

Waiting for the president’s assent, the amendment aims at reducing the carbon footprint for the country which is heavily dependent on fossil fuel energy. Giving support to the use of clean energy, upper house of the Polish parliament passed an amendment to encourage more investment in Poland renewable energy. Waiting for the president’s assent, the […]

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BEST to Set up World’s First Thermal Battery Plant

World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […]

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Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared

Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […]

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NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty

The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […]

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Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’

The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […]

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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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Introduction to Floating PV Plant

Renewable energy sources are of prime importance as they would power our future. Solar energy power plant which utilises the sun’s energy needs adequate space for installation. It is a well-known fact that out of the 510 million Km2 surface area of earth, a mere (appx.) 29% is covered with land. Additionally (at some locations) […]

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