Monthly Archives: April 2018

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US renewable firm takes Poland to court over U-turn on windmills

Between 2005 and 2015, Invenergy built 11 wind farms in Poland, investing "hundreds of millions of dollars of equity capital to develop and construct the projects.". Warsaw: A US renewable energy group Invenergy said on Tuesday it had begun international arbitration against Poland, claiming it stands to lose hundreds of millions of dollars (euros) after the EU country reneged [...]

By | 2018-04-25T03:23:25+00:00 April 25th, 2018|News|0 Comments

General Electric to trial world’s largest wind turbine in Britain

LONDON: U.S. conglomerate General Electric will test the world's largest wind turbine in a facility in northeast England, it said on Tuesday. GE Renewable Energy, the renewable arm of the U.S. firm, and the British government-funded Offshore Renewable Energy Catapult signed a five-year agreement to test GE's Haliade-X 12 megawatt (MW) turbine in Blyth, Northumberland. "This is an important agreement because it will [...]

By | 2018-04-25T03:09:46+00:00 April 25th, 2018|News|0 Comments

India’s safeguard duty on solar cells faces criticism at WTO

At a meeting of the WTO’s Safeguards Committee, the EU recalled that safeguard measures should only be imposed under exceptional circumstances, particularly if the imports causing problems come from predominantly one source. NEW DELHI: India’s decision to impose safeguard duty on imported solar cells drew criticism from the European Union and Japan at the World Trade Organisation (WTO) on Monday, [...]

By | 2018-04-25T02:55:13+00:00 April 25th, 2018|News|0 Comments

Haryana to reduce power tariff for MSME

  Haryana Chief Minister Manohar Lal Khattartoday said power tariff will be reduced for small and medium enterprises having connection below 20 kilowatt, according to a senior member of a CII delegation that called on him here.  "Haryana CM announced that for MSMEs having power connection below 20 kw, the tariff is going to be reduced from present Rs [...]

By | 2018-04-24T13:30:56+00:00 April 24th, 2018|News|0 Comments

Panasonic unveils its Off-grid Solutions Project

  PanasonicCorporation on Monday announced the launch of a project for people living in off-grid areas that combine educational activities to promote understanding of electricity and provision of the company's related products. The Off-grid Solutions Project is part of Panasonic's corporate social responsibility initiatives, celebrating the centennial of the company's founding this year. This new initiative aims [...]

By | 2018-04-24T13:27:11+00:00 April 24th, 2018|News|0 Comments

India Exempts Imported Solar Panels From Customs Duty

In a major relief to solar power project developers in India, the government has exempted imported solar panels from customs duty. The  Central Board of Indirect Taxes and Customs (CBITC) has reclassified imported solar modules in order to provide an exemption from customs duty. In September 2016, CBITC had classified solar panels as “electrical motors and generators” under [...]

By | 2018-04-24T08:22:18+00:00 April 24th, 2018|News|0 Comments

Lockheed says ‘flow’ battery will boost use of renewable power

WASHINGTON (Reuters) - Lockheed Martin Corp hopes to launch a new “flow” battery made of inexpensive, non-toxic materials that can help utilities save money and use more renewable energy, company officials said on Monday.  “You open up a chance not only to make renewables more marketable and more useful, you might even change the structure [...]

By | 2018-04-24T05:09:12+00:00 April 24th, 2018|News|0 Comments

Bids for Moser Baer Solar likely this week: Resolution professional

New Delhi: News for the assets of bankrupt Moser Baer Solar are likely to be invited this week, according to resolution professional Arvind Garg.  The company owes over Rs 1,000 crore to a clutch of lenders. The debt turned dud following which it has been referred to the National Company Law Tribunal.  The company has been referred to [...]

By | 2018-04-23T06:14:52+00:00 April 23rd, 2018|News|0 Comments

SBI to save Rs 30 cr p.a. from wind, solar power investments

Energy generated through these renewable sources is solely for captive use by bank's various offices and branches across the country, making them free of any carbon emission, it said New Delhi: The country's largest lender SBI today said it has saved Rs 125 crore in the last eight years by putting up 10 windmills and expects to [...]

By | 2018-04-23T01:41:28+00:00 April 23rd, 2018|News|0 Comments

MUNDRA SOLAR EYES TO BECOME USD 1 BN COMPANY IN 2-3 YRS

Mumbai: Mundra Solar PV, the solar photovoltaic manufacturing arm of diversified Adani Group, looks to become a USD 1 billion company over the next 2-3 years, a top company official said. The company is also hoping to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW [...]

By | 2018-04-23T01:33:25+00:00 April 23rd, 2018|News|0 Comments
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