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CERC Finalises 5th Amendment For Deviation Settlement Mechanism

The commission has accepted all the proposals put forward in the draft fifth amendment of the deviation settlement mechanism regulations. The Central Electricity Regulatory Commission (CERC) has finalised the fifth amendment to its deviation settlement mechanism regulations. The CERC (Deviation Settlement Mechanism and related matters) (Fifth Amendment) Regulations, 2019, will come into effect from June […]

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Znshine Supplies 100MW Modules to Etihad Energy for DEWA Projects

Under this 100 MW pact, Znshine will supply a mix of single glass and double glass modules as it felt that double glass modules will be more suitable for high-rise buildings. China-based tier-1 PV module maker Znshine PV tech has inked a supply pact with Etihad Energy services for 100 MW of solar modules for […]

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NTPC Granted Electricity Trading License by CERC

CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […]

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Duke Energy Acquires 60 MW Solar Project From Juwi in Colorado

The project will generate enough energy to power approximately 19,00 homes per year in Colorado Duke Energy Renewables, a commercial business unit of North Carolina-based Duke Energy, has acquired the development assets associated with the 60 MW Palmer Solar project in El Paso County, Colorado, from juwi Americas, a renewable energy company based in Boulder. The project, […]

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Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr

Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […]

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Facebook Partners with Longroad Energy For 379 MW Texas Solar Project

Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project.  Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […]

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Jakson Launches Lithium Powered Hybrid Energy Storage System

Jakson today announced the launch of a compact Hybrid Energy Storage System (HESS) for residential and commercial users to harness the benefits of solar energy more effectively and efficiently. The launch event was held in Chandigarh and attended by senior industry professionals and members of Jakson Senior Leadership team. Jakson HESS is a new age […]

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Canadian Solar Signs its Biggest Module Supply Agreement

Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […]

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