Monthly Archives: March 2019

//March

Sprng buys Shapoorji Pallonji’s solar assets

Actis’ renewable energy arm buys 194MW of solar assets for $200 million With this deal, the total operating and under construction capacity of Sprng will increase to 1.65GW  NEW DELHI: Global private equity fund Actis Llp’s renewable energy platform Sprng Energy on Friday acquired 194 megawatts (MW) of Shapoorji Pallonji group’s solar assets for an enterprise value of $200 million, [...]

2019-03-31T22:04:14+00:00March 31st, 2019|News|Comments Off on Sprng buys Shapoorji Pallonji’s solar assets

CERC notifies transmission charge waiver conditions

To avail, the waiver, the solar or wind project capacity should have been awarded through competitive bidding and commissioned between February 13, 2018, and March 31, 2022. Central Electricity Regulatory Commission (CERC) has amended the regulations for sharing of the inter-state transmission charges and losses—introduced in 2010— for the sixth time. The amended regulations will be [...]

2019-03-31T23:56:20+00:00March 30th, 2019|News|Comments Off on CERC notifies transmission charge waiver conditions

GCL-Poly posts $68m net loss for 2018

Chinese polysilicon giant GCL-Poly Energy today posted its financial results for the full year 2018. The company saw a loss of RMB 458.4 million ($68.3 million), which it attributes primarily to China’s 31/5 policy. GCL Poly Energy Holdings’ 2018 revenue reached RMB 20,565 million ($3 billion), representing a 13.6% decrease compared to the previous year. [...]

2019-03-30T05:26:22+00:00March 29th, 2019|News|Comments Off on GCL-Poly posts $68m net loss for 2018

Corporate Heavyweights Form Renewable Energy Buyers Alliance, Target 60 GW of Corporate Renewables by 2025

Google, Facebook, General Motors and Walmart, along with over 300 other companies, have launched the Renewable Energy Buyers Alliance—the largest group of corporate renewable energy buyers in the United States. By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 GW of new renewables online in the United States by [...]

2019-03-29T07:46:23+00:00March 29th, 2019|News|Comments Off on Corporate Heavyweights Form Renewable Energy Buyers Alliance, Target 60 GW of Corporate Renewables by 2025

Trading in RECs falls by 4% this fiscal

  Trading in renewable energy certificates (RECs) witnessed a 4% year-on-year decline this year, with the India Energy Exchange (IEX) cumulatively trading 89,55,572 RECs this year against last year’s 93,29,253. The decline in trade was mainly due to lower REC inventory, which kept lower supplies of renewable energy to the grid. REC inventory is those [...]

2019-03-29T07:36:24+00:00March 29th, 2019|News|Comments Off on Trading in RECs falls by 4% this fiscal

India solar panel prices continue to fall on 25% y-o-y dip in global rates

  Kunal Chandra, managing director of Proinso India, the Indian arm of the UK-based solar solutions provider, said going ahead, some of the important events that will drive demand in the solar market would be a procurement drive in Europe, new solar policies in Latin American countries and new markets in Africa. Despite the safeguard [...]

2019-03-29T07:30:27+00:00March 29th, 2019|News|Comments Off on India solar panel prices continue to fall on 25% y-o-y dip in global rates

Waaree Energies introduces customized solar modules for electric vehicles

The modules are expected to increase the efficiency of these EV by 10-25 percent. Mumbai: Waaree Energies, India's largest solar PV manufacturer and a leader in the rooftop segment, has launched customized solar modules, a solar power solution for Electric Vehicles. These indigenous modules, specially designed for the transport industry in India, are portable, flexible, lighter, durable [...]

2019-03-29T06:26:40+00:00March 29th, 2019|News|Comments Off on Waaree Energies introduces customized solar modules for electric vehicles

Solar Car Parks To Pop Up Across Scotland In Pilot Project

A consortium is preparing to start building solar-powered car parks across Scotland as part of a trial project for so-called Smart Hubs that will feature both EV charging points and battery storage. The six trial sites will also include vehicle-to-grid facilities (V2G) so EVs can feed energy back into the grid when necessary. The Scotsman [...]

2019-03-29T06:22:31+00:00March 29th, 2019|News|Comments Off on Solar Car Parks To Pop Up Across Scotland In Pilot Project

Government blacklists Chinese solar gear company after failing to honour contract

This is the first time that the ministry is considering such a step (blacklisting a company) against a foreign solar equipment supplier. BENGALURU: India plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. [...]

2019-03-29T02:54:21+00:00March 29th, 2019|News|Comments Off on Government blacklists Chinese solar gear company after failing to honour contract

What happened to the Tesla solar roof?

The iconic company's biggest promise was trifecta-integration of solar generation, energy storage, and electric cars. So far, that has not happened. Two years ago this week, Tesla CEO Elon Musk revealed — in a tweet, of course — that the company would soon begin taking orders for solar roofs. In Tesla news-time, two years is a lifetime. [...]

2019-03-29T01:42:52+00:00March 29th, 2019|News|Comments Off on What happened to the Tesla solar roof?
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