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State-Owned and Private Discoms on two Ends of the Spectrum: ICRA

The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […]

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Low Current Represents the Best Choice for PV Modules

Recently, Guangzhou Development New Energy Co., Ltd. began bidding for procurement of PV modules for 2021 and 2022. This procurement is divided into two bidding sections with a total procurement scale of 1.08GW. The power threshold is set for the PV modules of the two bidding sections and the current of the modules should not […]

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Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko

ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […]

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India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi

Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […]

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Average Rural Power Supply Duration has Increased to 18.5 Hours

RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in 2019-20. Addressing the Power Ministry Parliamentary Consultative Committee in a meeting, Power Minister RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in […]

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COGOS to Deploy 1000 EVs in its Logistics Fleet, Partners With Altigreen

Intra-city logistics company, COGOS has announced its partnership with Altigreen by deploying 1000 EVs in its fleet, a step to further strengthen its commitment towards electric mobility in the country.  The partnership has materialised at an opportune time as the budget 2021 and the later impositions of green tax and new scrap policy, extensively showed […]

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India Inc Finally Moving To Combat Climate Impact, Says CDP India Report

CDP India has released a report entitled ‘BUILDING BACK GREENER: India Inc. Demonstrates Climate Resilience’ recently, which says that the imminent climate emergency is already manifesting itself through extreme weather events across the world.  CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their […]

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Sungrow Launches the Latest 75 kW String Inverter for Brazilian DG Market

Sungrow, the global leading inverter solution supplier for renewables, rolled out the Company’s latest commercial string inverter SG75CX for Brazilian micro-generation power plants, showcasing the Company’s continued commitment to comply with the regional power demand and decarbonize the local economy. The Brazilian solar market has not been significantly impacted due to the COVID-19 crisis as […]

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