Monthly Archives: December 2019

//December

Rajasthan: Discoms trip on payment to solar firms raises NPA fears

JAIPUR: Now, the government’s payment crisis has hit the solar sector with the small power developers in the state staring at the prospect of their loans turning NPAs. The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment has also led to developers stalling [...]

2019-12-09T02:16:07+00:00December 9th, 2019|News|Comments Off on Rajasthan: Discoms trip on payment to solar firms raises NPA fears

Andhra govt yet to reach a deal on green energy contracts

Andhra says Centre needs to create confidence in the minds of the states which handle central projects the AP govt’s move to renegotiate PPAs has sent the wrong signal to global investors The hard-found compromise reached last month to end the impasse over Andhra Pradesh’s decision to relook at renewable energy contracts has floundered, said [...]

2019-12-09T02:10:05+00:00December 9th, 2019|News|Comments Off on Andhra govt yet to reach a deal on green energy contracts

Tesla boss Elon Musk wins defamation trial over his ‘pedo guy’ tweet

LOS ANGELES (Reuters) - Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a “pedo guy” on Twitter. The unanimous verdict by a panel of five [...]

2019-12-08T19:35:12+00:00December 8th, 2019|News|Comments Off on Tesla boss Elon Musk wins defamation trial over his ‘pedo guy’ tweet

China-built Tesla cars secure new energy vehicle subsidies

BEIJING (Reuters) - Tesla Inc (TSLA.O) said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push into the world’s biggest auto market. China’s industry ministry had earlier said Tesla’s Model 3 cars, being built at its $2 billion factory in Shanghai, were [...]

2019-12-08T19:23:42+00:00December 8th, 2019|News|Comments Off on China-built Tesla cars secure new energy vehicle subsidies

Soft Bank sister firm to invest USD 4 bn in renewable energy in Gujarat

The announcement was made at a meeting between chief minister Vijay Rupani and Executive Chairman of SB Energy Manoj Kohli. Ahmedabad: SB Energy, a sister company of Soft Bank of Japan, has announced that it will invest USD 4 billion or Rs 30,000 crore in the renewable energy sector in Gujarat, a state government release said on Friday. The announcement was [...]

2019-12-08T16:41:51+00:00December 8th, 2019|News|Comments Off on Soft Bank sister firm to invest USD 4 bn in renewable energy in Gujarat

Modi government taking several steps to incentivise renewable energy sector: R. K. Singh

The government is facilitating developers by allowing Foreign Direct Investment (FDI) of up to 100% through the automatic route. Moreover, Inter-State Transmission System (ISTS) charges and losses for inter-state sale of solar and wind power shall... Pollution has long been a pressing issue in India. The national capital experienced nine consecutive days with hazardous air [...]

2019-12-08T16:31:19+00:00December 8th, 2019|News|Comments Off on Modi government taking several steps to incentivise renewable energy sector: R. K. Singh

Vietnam’s Auction Plan for Solar Energy

Vietnam’s energy demand is forecast to increase by over 10 percent by 2020. After a rush of investment in solar energy in Vietnam, the government has introduced an auction system to stabilize the sector. While the sector remains attractive, investors can expect a more rigorous approval process. Vietnam’s electricity demand has been the second-largest in Southeast [...]

2019-12-06T02:03:21+00:00December 6th, 2019|News|Comments Off on Vietnam’s Auction Plan for Solar Energy

What all the government is doing to improve the generation of solar energy in the country; here’s a round-up

Distribution licensees would be notified about standard bidding guidelines to aid them in procuring solar and wind power at competitive rates in a cost-effective and transparent way. Clarifying their efforts towards improving India’s solar power generation capacity, R.K. Singh, Union Minister of State (IC), Minister of Power, Minister of New and Renewable Energy and Minister of [...]

2019-12-06T01:41:53+00:00December 6th, 2019|News|Comments Off on What all the government is doing to improve the generation of solar energy in the country; here’s a round-up

Elon Musk said in a leaked email to Tesla employees that delivering cars and installing solar roofs are his top priorities for the end of the year

Fulfilling customer orders and installing more solar products are Tesla CEO Elon Musk's two biggest priorities for the electric-car maker for the end of this year, Musk said Wednesday in an internal email obtained by Business Insider. "The first is making sure all cars are delivered to their customers before the end of the year," Musk said of his priorities [...]

2019-12-05T18:06:32+00:00December 5th, 2019|News|Comments Off on Elon Musk said in a leaked email to Tesla employees that delivering cars and installing solar roofs are his top priorities for the end of the year

BP increases stake in solar energy firm Lightsource BP

LONDON (Reuters) - BP (BP.L) is increasing its stake in solar energy developer Lightsource BP to 50% from 43% and is aiming for rapid growth over the next few years, the two companies said on Thursday. European oil companies like BP have been stepping up investment in renewable power to diversify their businesses in the [...]

2019-12-05T17:55:59+00:00December 5th, 2019|Home page|Comments Off on BP increases stake in solar energy firm Lightsource BP
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