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Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus

It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […]

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Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar?

India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […]

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Gadkari Inaugurates First Inter-City Electric Bus Service in Maharashtra

Union Transport Minister Nitin Gadkari on Friday inaugurated the first inter-city electric bus service, between Mumbai and Pune in Maharashtra. Live from the Inauguration of Pune – Mumbai – Pune Electric Bus https://t.co/QxDDNUrbmP — Nitin Gadkari (@nitin_gadkari) February 14, 2020  Union Minister for Transport, Highways, and MSMEs, Nitin Gadkari on Friday inaugurated the first inter-city […]

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Blade Recycling now a top Priority for the Wind Industry

Wind turbine recycling is an important task for the wind industry – and it is making significant progress in the right direction, according to WindEurope. Wind turbines already have a recyclability rate of 85 percent to 90 percent. However, making the turbines 100 percent recyclable is an important task for the wind industry – and […]

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NA, Western Europe & APAC Accounted for 74% of DESS Industry

A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global DESS industry A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global distributed energy storage system (DESS) industry, including battery energy storage systems, thermal energy […]

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Hero Electric Ropes in Piyush Prasad As National Business Head

Hero Electric, a market leader in the Indian electric two-wheeler industry, said that it has appointed Piyush Prasad as its national business head. In his new role, Prasad will be responsible for leading business across tier-I, II, III and below markets as the brand aims to further spread awareness for electric vehicles (EVs) in the region. Moreover, […]

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Govt Asks Solar Manufacturers to Submit List of Items for Basic Custom Duty Exemption

In a step towards providing further relief to domestic solar manufacturers in the country, the Government on Thursday has asked the solar photovoltaic (PV) manufacturers and related associations to submit their list of items to be included in the Basic Custom Duty (BCD) exemption list. In this regard, the Ministry of New and Renewable Energy […]

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Tariff of Renewable Plus Storage Tenders now Competing With Thermal

In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […]

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US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019

The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total […]

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