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EQT, Temasek launch $500 mn renewable energy platform

This would be EQT Infrastructure’s first investment in India The investment is in line with EQT’s thematic approach to invest in sustainable solutions, guided by the United Nations’ Sustainable Development Goals MUMBAI: European alternative asset manager EQT and Singapore’s state investment firm Temasek Holdings Pte. on Wednesday announced that they have jointly set up O2 [...]

2020-01-23T01:38:51+00:00January 23rd, 2020|News|Comments Off on EQT, Temasek launch $500 mn renewable energy platform

Renewable energy: Govt’s proposed ‘bundling’ scheme to aid power companies

The scheme has been proposed at a time when cash-strapped discoms are delaying payments to renewable energy companies, hurting their debt servicing capabilities. The scheme is seen to provide relief to the bankers as it would provide the opportunity for stressed thermal assets to find buyers for their power, thereby reducing the quantum of non-performing [...]

2020-01-23T01:30:27+00:00January 23rd, 2020|News|Comments Off on Renewable energy: Govt’s proposed ‘bundling’ scheme to aid power companies

Adani aims to be world’s largest solar co by 2025

Ahmedabad: In a major push towards promoting green energy, billionaire Gautam Adani, chairman of Adani Group, on Wednesday announced plans to become the world’s largest solar power company by 2025 and the largest renewable power company by 2030. The $15-billion Adani Group, which has, among other sectors, invested heavily in coal mines and thermal power projects, has now drawn out plans to invest [...]

2020-01-23T01:24:51+00:00January 23rd, 2020|News|Comments Off on Adani aims to be world’s largest solar co by 2025

Power generation from rooftops close to reality

Through the agreement, signed in the presence of Power Minister M M Mani, KSEB aims to generate 35MW power from the units of 42,500 consumers. KOCHI: Launching Soura, an ambitious scheme to generate 200MW power from solar projects by 2021, the Kerala State Electricity Board (KSEB)  on Wednesday signed an agreement with Tata Power Solar to install [...]

2020-01-23T01:21:37+00:00January 23rd, 2020|News|Comments Off on Power generation from rooftops close to reality

India’s Power Sector Shifting to Short-term Contracts and Spot Markets – Report

The sector is slowly moving from long-term contracts to short-term contracts and spot markets India’s power sector is currently in a transitional phase, shifting from long-term generation contracts to a greater reliance on short-term contracts and electricity spot markets. In this transition, policymakers and regulators face some tough questions around contract regulation, spot market design, [...]

2020-01-22T10:12:17+00:00January 22nd, 2020|News|Comments Off on India’s Power Sector Shifting to Short-term Contracts and Spot Markets – Report

‘Open access’ option attracts rooftop solar power developers

With solar tariffs becoming increasingly competitive and more states allowing off-site projects to come up, open access is quickly gaining momentum. BENGALURU: Solar rooftop developers are increasingly choosing to supply power to customers through open access – locating the solar plant elsewhere – rather than set it up on the premises of their clients. The common feature is that [...]

2020-01-22T09:24:21+00:00January 22nd, 2020|News|Comments Off on ‘Open access’ option attracts rooftop solar power developers

Lead-free soldering in modules: It can be done!

PV magazine’s UP sustainability campaign has investigated the use of lead in PV panels and found, with soldered cell interconnections, in particular, viable alternatives are scarce. However, German-headquartered manufacturer Opes Solutions has launched a small module for the off-grid market featuring lead-free solder, developed at the request of a customer. We caught up with Opes [...]

2020-01-22T09:20:04+00:00January 22nd, 2020|News|Comments Off on Lead-free soldering in modules: It can be done!

Sterling and Wilson Solar wins Middle East award for utility-scale project

The Mumbai-based solar EPC solutions provider has to its credit 9.2 GWp of solar power projects (commissioned and under construction) globally, including 3.05 GWp in the MENA region. Mumbai-based Sterling & Wilson Solar won the prestigious ‘Utility-Scale Solar Project of the Year’ at the recently held Middle East Solar Awards 2020 in Abu Dhabi. The engineering, construction, and [...]

2020-01-22T03:59:59+00:00January 22nd, 2020|News|Comments Off on Sterling and Wilson Solar wins Middle East award for utility-scale project

India’s 1.2-GW wind tender fails to attract enough bids – report

January 21 (Renewables Now) - A 1.2-GW wind tender launched by the Solar Energy Corporation of India, the renewable energy ministry's nodal agency, failed to attract enough bids to continue, the Economic Times reported on Monday. A SECI senior official was quoted as saying that the deadline for bids would be extended until January 24. [...]

2020-01-22T03:54:47+00:00January 22nd, 2020|News|Comments Off on India’s 1.2-GW wind tender fails to attract enough bids – report

Power generation to be termed manufacturing, pay 15 per cent corp tax

As part of efforts to incentivise the power sector and make its operations viable, the government is looking to extend the benefit of lower corporate tax to electricity generating units by qualifying their activity as manufacturing. New Delhi, As part of efforts to incentivise the power sector and make its operations viable, the government is looking to extend [...]

2020-01-22T03:49:36+00:00January 22nd, 2020|News|Comments Off on Power generation to be termed manufacturing, pay 15 per cent corp tax
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