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Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra

“The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […]

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Nepal Electricity Authority Invites Bids to Supply Solar Power

The successful developers have to finish the construction and installation work and start supplying electricity within one year after they sign PPA agreement with the NEA. To expand the power sources in the country the Nepal Electricity Authority (NEA) has beefed up its efforts while calling for global tenders to select independent developers and supply […]

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Schletter to Introduce New Tracker at Intersolar

Traditional tracking systems use hydraulic dampers to mitigate the vibrations and torsional forces caused by the wind; however the Schletter system has self-locking mechanism that allows it to lock elements automatically as soon as the rows stop moving. Scheletter Group, a manufacturer of solar mounting systems, is introducing a new single-axis tracking system at intersolar. […]

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Renewable Energy Giants Ink New Partnership Deal

With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business in coming years. A three-year partnership between Array Technologies and sPower was announced at the GTM Solar Summit in southern California. With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business […]

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Highest-Ever Quarterly Solar Addition in The Country

During the first quarter(Q1) of 2017 the highest power capacity addition notched 3.3 gigawatts. These remarkable figures are a result of the busy auctions India witnessed at State and Central level. During the first three months of the year 2018, India witnessed its highest-ever solar power capacity. According to the data released by the government, […]

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ReneSola Sells 40.13% Stake in Zhejiang ReneSola Investment for RMB 200 mn

Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Solar project developer and operator ReneSola has sold 40.13 percent stake of its Chinese subsidiary, Zhejiang ReneSola Investment Ltd, to an undisclosed investor for about RMB 200 mn in cash. Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Further, […]

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Goa Govt to Provide Solar Lamps for Forest-Dwellings 

The permission will be sought from the forest department, which is a requirement in wildlife protected areas, to provide  solar lamps to interested households. The Goa Energy Development Agency and the power department jointly to provide solar lamps to the households who don’t have access to power and are living in remote forest areas of the state. […]

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India-Japan to Work Together for Energy Security, Energy Access and Climate Change Issues

During the meeting, both the countries agreed to initiate the discussion towards development of Electric Vehicles (EVs) by collaborating with “Policy dialogue on next generation/ zero emission vehicles”. India and Japan have agreed on further strengthening of bilateral energy cooperation for energy development of both countries, and also contributing to worldwide energy security, energy access […]

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Rite Track to Expand Footprints in Scotland

In a move to bolster repair and technical capability in Europe, the company is partnering with Ntek Litho. US-based semiconductor equipment supplier Rite Track has opened its’ new European Repair Center (ERC) in Glasgow, UK (Scotland). In a move to bolster repair and technical capability in Europe, the company is partnering with Ntek Litho in a new state-of-the-art facility. […]

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