Author: Ayush Verma

Bentley Motors Commissions UK’s Largest Solar Carport

The solar carport system is capable of reducing the company’s CO2 emissions by nearly 3,300 tonnes every year. Bentley Motors has raised its commitment to sustainable energy with the installation of the UK’s largest ever solar carport at its factory headquarters in Crewe, UK. This development implied that in the company’s centenary year, all the […]

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CERC Finalises 5th Amendment For Deviation Settlement Mechanism

The commission has accepted all the proposals put forward in the draft fifth amendment of the deviation settlement mechanism regulations. The Central Electricity Regulatory Commission (CERC) has finalised the fifth amendment to its deviation settlement mechanism regulations. The CERC (Deviation Settlement Mechanism and related matters) (Fifth Amendment) Regulations, 2019, will come into effect from June […]

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NTPC Granted Electricity Trading License by CERC

CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […]

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Duke Energy Acquires 60 MW Solar Project From Juwi in Colorado

The project will generate enough energy to power approximately 19,00 homes per year in Colorado Duke Energy Renewables, a commercial business unit of North Carolina-based Duke Energy, has acquired the development assets associated with the 60 MW Palmer Solar project in El Paso County, Colorado, from juwi Americas, a renewable energy company based in Boulder. The project, […]

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Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr

Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […]

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Facebook Partners with Longroad Energy For 379 MW Texas Solar Project

Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project.  Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […]

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Canadian Solar Signs its Biggest Module Supply Agreement

Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […]

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Ather Energy Raises $51 Million in Latest Round of Funding

Bengaluru-based e-mobility startup, Ather Energy recently announced that it has raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal’s investment of $32 Mn. Ather Energy was one of the earliest start-up funding of Sachin Bansal when he invested $0.5 Mn in the firm as an Angel investor in […]

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EESL Issues Tender For 2.7 Lakh Solar Water Pumps

The last date for bid submission on the solar water pumps tender is July 1, 2019 The Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for procuring 272,579 solar water pumps. The scope of work for the selected […]

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