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EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan

The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […]

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Global Solar Capacity to Reach 1 TW Mark by 2023

China, India and Japan will account for the biggest share in the development of the capacity according to Solar Market Outlook Update for Q2 released by GTM Research. Leading information services provider in next-generation electricity systems, GTM Research declares global solar capacity to surpass 1 terawatt mark by 2023. Surprisingly, China, India and Japan will […]

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MNRE Tweaks ‘storage’ in Wind-Solar Hybrid Policy

The ministry has emphasized on the use of pumped hydro, compressed air and flywheel technology for the power storage purposes. Widening the scope of power storage in its Wind-Solar Hybrid Policy, MNRE has removed the word ‘battery’ from certain clauses in order to encourage use of other means of power storage devices. Further, the ministry […]

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Gov’t May Single out PGCIL for 25 Power Transmission Contracts

The private sector has also alleged the government authorities behind the move for being biased towards the state-run PGCIL. The government is thinking of awarding 25 small and medium-sized power transmission contracts to the state-run Power Grid Corporation of India (PGCIL). A government official close to development said, “National Committee on Transmission has recommended that […]

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Rooftop Solar Application rise by 500% in Australia

Rising power prices and improved technology has led to 25 percent of domestic consumers to switch to some sort of solar application to help them with some household work. The country has enough sunlight to power all commercial buildings on just solar panels. In the past three years, there has been a 500% rise in […]

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President assents Continuation Of Phase 3 of Off-Grid and Decentralized Solar PV Applications Programme

The funds for Solar PV application implementation would be met from Plan allocation made during financial years 2018-19 onward with an overall Plan Outlay of Rs. 656 Crores. After the cabinet approved the continuation of Off-grid and Decentralized Solar PV Applications Programme – Phase III in financial year 2018-19, the President’s assent has deemed the continuation […]

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Tata Power Customers in Mumbai to be rewarded for Their Loyalty

The rewards earned by the customers would be redeemable across different merchant brands/categories in the form of exclusive discounts, vouchers, offers or services. In a first-ever attempt to reward customers for their loyalty in India, Tata Power has launched a unique customer loyalty programme ‘Power Rewards’  for its Mumbai customer base. Loyalty Programme for the […]

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Mumbai Citizens to Pay Tata Power Bill at Vodafone Mini Stores

Tata Power consumers will have the option of paying electricity bills through Vodafone’s M-Pesa e-wallet.   In a bid to enhance its application of innovation and technology in providing value added benefits to its customers, Tata Power has partnered with Vodafone to facilitate electricity bill payments at Vodafone Mini stores. Tata Power consumers will have […]

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Shapoorji Pallonji Collects Solar Imports without Paying Safeguard Duty

Shapoorji Pallonji is asked to extend a bond of amount equivalent to safeguard duty and will have to pay the amount if the tariff is upheld with all clarity. Adding heat to the already simmering imposition of safeguard duty on solar imports from China and Malaysia, Madras High Court has allowed Shapoorji Pallonji Infrastructure to […]

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