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Chinese module maker Trina explores tie-ups to fund distressed solar projects

Trina Solar has reviewed four to five projects and is now eyeing assets of 50-150MW size in two Indian states The projects will be completed with Trina modules and the Chinese firm will also provide competitive long-term project financing to the developer MUMBAI: Trina Solar of China is keen to invest in Indian solar power [...]

2019-11-19T01:58:34+00:00November 19th, 2019|News|Comments Off on Chinese module maker Trina explores tie-ups to fund distressed solar projects

Promises are not meant to be broken, scream Sterling and Wilson Solar investors

Sterling and Wilson’s shares have fallen 36% in the past two trading sessions, and are now trading nearly 60% lower compared to IPO price of ₹780 per share Given that the sharp drop in valuations hurts the promoter group the most, it makes sense to clear the air by quickly clearing the dues owed to SWSL [...]

2019-11-19T01:52:16+00:00November 19th, 2019|News|Comments Off on Promises are not meant to be broken, scream Sterling and Wilson Solar investors

File objections by Nov 25, says MERC

Nagpur: Following widespread opposition to Maharashtra Electricity Regulatory Commission’s (MERC’s) draft solar rooftop policy, the commission has extended the date for filing objections till November 25 from November 18. MERC proposes to replace net metering by gross, which will make solar rooftop unviable. It proposes that consumers who consume up to 300 units per month will [...]

2019-11-19T01:45:59+00:00November 19th, 2019|News|Comments Off on File objections by Nov 25, says MERC

Andhra Pradesh Government Makes Key Changes To Its Energy Policies

The Andhra Pradesh government on Monday made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the power distribution companies (Discoms). The Andhra Pradesh government on Monday made several key changes to its policies [...]

2019-11-19T01:43:06+00:00November 19th, 2019|News|Comments Off on Andhra Pradesh Government Makes Key Changes To Its Energy Policies

Wind power producers sever ties with bankrupt Senvion

India is said to be scaling down contracts with Hamburg-based turbine manufacturer Senvion after its solvency filed in German court of law. Alfanar Energy, which had signed a contract with Senvion for a 300 MW project in India, terminated the orde... Bengaluru: Wind developers in India are said to have started scaling down or terminating [...]

2019-11-18T07:24:13+00:00November 18th, 2019|News|Comments Off on Wind power producers sever ties with bankrupt Senvion

Solar power: Projects worth Rs 50,000 crore in pipeline for Ladakh, says Amit Shah

Shah said the government has made a provision to ensure that budget allocations for Ladakh will not lapse in case they are not utilized fully within the fiscal. (This story originally appeared in  on Nov 17, 2019) NEW DELHI: Development plans entailing total investments of Rs 50,000 crore in power, solar energy, education and tourism sectors [...]

2019-11-18T06:40:49+00:00November 18th, 2019|News|Comments Off on Solar power: Projects worth Rs 50,000 crore in pipeline for Ladakh, says Amit Shah

Green certificate sales down 2.25 pc to 6.87 lakh in October

Owing to lower supply in comparison to last year's, there is a dip in the sales of renewable energy certificates to 6.87 lakh units from 7.03 lakh in 2018. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses i... New Delhi: Sales of renewable energy certificates dipped 2.25 per [...]

2019-11-18T01:28:23+00:00November 18th, 2019|News|Comments Off on Green certificate sales down 2.25 pc to 6.87 lakh in October

Tata Sons chairman N Chandrasekaran bats for privatisation of discoms

Chandrasekaran said the slowdown is creating a pressure on jobs, and while the cyclical issues ailing the economy get addressed, there are strengths in the structural front, like the demography, and also opportunities presented by technological br... MUMBAI: Tata Sons chairman N Chandrasekaran on Sunday pitched for the privatisation of power distribution companies, and also for ensuring that every [...]

2019-11-18T01:25:03+00:00November 18th, 2019|News|Comments Off on Tata Sons chairman N Chandrasekaran bats for privatisation of discoms

Yemenis go solar amid war energy shortage

SANAA (Reuters) - When electricity was cut to Yemen’s capital four years ago after war broke out, Ebrahim al-Faqih saw a gap in the market and started selling solar panels. Faqih is part of a booming solar sector transforming lives and energy sustainability in Yemen, a poor country with scant rural power access even before [...]

2019-11-18T01:09:16+00:00November 18th, 2019|News|Comments Off on Yemenis go solar amid war energy shortage

AIIB expects $100m investment a year in India’s solar, wind projects

AIIB's Director-General Pang also expected the private investments in the renewable energy sector in India as foreign direct investment, relieving the Indian government of project financing challenges Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month. AIIB expects to [...]

2019-11-18T01:02:42+00:00November 18th, 2019|News|Comments Off on AIIB expects $100m investment a year in India’s solar, wind projects
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