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CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates

The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […]

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Boralex To Deliver 380 MW Energy Storage To Canadian Operator

Boralex has its two storage projects, totaling 380 MW of nameplate capacity, selected by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals. Boralex and its partners are currently finalizing the terms of the contract with the IESO. Boralex is the leading awardee as its two projects represent […]

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Repsol To Invest €500 Million For 1.7 GW Renewables In Italy

Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […]

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Canadian Solar To Deliver 363 MWh Energy Storage To Aypa Power

Global renewable energy major Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. Canadian Solar said in its official statement that the project is expected to reach commercial operation by […]

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Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy

Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […]

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Uttar Pradesh Plans Solar City Adjacent to Saryu River

The state government of Uttar Pradesh led by Yogi Adityanath is mulling to establish a solar city in Ayodhya district. The state government has allocated Rs 317 crore in the current budget to implement Solar Energy Policy 2022, the new solar city will come up adjacent to the banks of Saryu river. The solar city […]

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Associate Power System Engineer

You will be working as Associate Power System Engineer, reporting to Business Manager – E2E for Electrification business area, Distribution Solutions division based in Nashik, India. You will be responsible for performing power system analyses and studies to support the design, operation, and maintenance of electrical power systems. Responsibilities:- Conducting power system studies to analyze […]

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Digital Electronics Hardware Design Lead

You will be working as Digital Electronics Hardware Design Lead and will be part of Drive Products division based in Bangalore, India. In this role you will be reporting to R&D Team Lead and will be responsible for with the teams which are developing and validating shippable products for the India and global markets. You […]

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CERC Allows Powergrid To Venture Into Telecom Biz But With Conditions  

In its latest judgment, the Central Electricity Regulatory Commission (CERC) has allowed power transmission company– Powergrid to venture into the telecom business. However, it has imposed some conditions too.  As per the CERC (Sharing of Revenue Derived from other businesses) Regulations, 2020, power transmission companies must inform the Commission and seek its approval if they want to […]

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