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Canadian Solar Commissions 53.4 MW Solar Plant in Japan

Canadian Solar has announced that it has reached the commercial operation of the 53.4 MW Oita Hiji Machi solar plant in Japan. Canadian Solar, one of the world’s largest solar power companies, today announced that it has reached commercial operation on a 53.4 MW solar power plant in Japan. The Oita Hiji Machi solar project achieved commercial […]

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IFC, NADB Provide $200 mn Loan for Solar Project in Mexico

IFC and NADB will provide USD 200 million in green loans to IEnova, to finance four solar power plants with a total capacity of 376 MW across Mexico. The International Finance Corporation (IFC), a member of the World Bank Group, and the North American Development Bank (NADB) will provide USD 200 million in green loans […]

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Power Minister Rubbishes News of October Woes for Thermal Plants

Mr. R.K. Singh, the Minister of Power and New and Renewable Energy has denied the news of idling in the thermal sector. Is he right? In a somewhat belated response to a series of stories that  came out last week about the ‘distress’ in the thermal power sector, Shri R.K. Singh, India’s MNRE Minister has […]

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SECI Issues Amendments for 1.95 MW Solar Tender for Lakshadweep

SECI has issued amendments for its tender seeking solar power developers for setting up of 1.95 MW solar energy plant in Lakshadweep Islands with BESS. The Solar Energy Corporation of India (SECI) has issued amendments for its tender seeking solar power developers for setting up of a 1.95 MW solar energy plant in Lakshadweep Islands. […]

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The smarter E India to Organise its 11th Edition Next Week

The smarter E India will be celebrating its 11th edition by next week from November 27 -29, 2019 in Bengaluru. With three parallel energy exhibitions, ‘The smarter E India’ is the country’s innovation hub for the new energy world. It presents cross-sector energy solutions and technologies and reflects the interaction of the solar, energy storage […]

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Debt-Ridden Suzlon Working on a Resolution Plan

Suzlon Energy is working on a resolution plan and lenders have till January to work on a sustainable resolution plan before taking any extreme steps. Wind-turbine maker Suzlon Energy has confirmed that the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps. “The […]

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In Conversation with Sudhir Aggarwal and Shival Garg of Patanjali Renewable Energy

 Patanjali Renewable Energy Pvt Ltd is a manufacturer of solar photovoltaic (PV) modules, solar street lights, solar water pumps, solar inverters, solar home lighting solutions etc. The company is also operating its retail chain called ‘Patanjali Urja Kendras’ in different parts of the country. It is also planning to venture into the Electric Vehicle […]

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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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Govt Spends Rs 175 Cr for Purchase of Heavy Electric Vehicles

The Government of India has spent Rs 175 crore for the purchase of electric buses under the second phase of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme. The Ministry of Heavy Industries & Public Enterprises said in a notification that, the expenditure on purchase of these electric buses […]

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