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Rajasthan Sets Levelised Tariff for Solar Projects Under KUSUM Scheme

The Rajasthan Electricity Regulatory Commission has set the pre-fixed levelised tariff for solar projects in different components under the PM KUSUM scheme. The Rajasthan Electricity Regulatory Commission (RERC) in its latest tariff order has announced that it has set the pre-fixed levelised tariff for solar projects in different components under the PM KUSUM scheme. The […]

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BYD Receives Largest Order of Electric Buses in US History in LA

The Los Angeles Department of Transportation (LA DOT) has placed the largest order for electric buses in US history with BYD for 134 buses. LA Mayor Eric Garcetti announced this week that the Los Angeles Department of Transportation (LADOT) has placed the largest order for electric buses in US history with BYD for 134 buses. […]

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LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors

LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […]

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Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA

ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […]

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Possible Effects of Coronavirus on Solar Industry

China is the largest producer of solar raw material globally. It supplies 85 percent of the raw material to the solar industry. China virtually controls the entire value chain from silicon to ingot, wafer, cell and module. Any potential strain could have an adverse impact in supplies. Southeast Asian module manufacturers to a large extent […]

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Off-Grid Solar Industry now a USD 1.75 Billion Annual Market: Report

The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy to 420 million users, a new report has shown The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid […]

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MNRE to Soon Issue Relief Guidelines for Solar Projects Delayed By Coronavirus

With an aim to save renewable energy developers from expected delays in project commissioning on the back of lack of supply from China due to spread of coronavirus, the Ministry of New and Renewable Energy (MNRE) will provide extra time for such developers. The move is expected to be in line with the earlier clarification […]

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Ministry of Finance Confirms Force Majeure Status for Coronavirus

In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […]

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