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BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra

The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […]

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Mainstream OEMs Ready to Enter in Electric Two Wheelers Territory: Report

According to a report from brokerage firm Motilal Oswal Financial Services, the competitive landscapes of the scooter segment could get changed by the entry of mainstream Original Equipment Manufacturers (OEMs) in the e-scooter territory that may disrupt the electric two-wheelers E2Ws market.  The report stated, “It is believed that E2Ws are ready for disruption, particularly […]

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Scatec Targeting 15 GW Renewable Capacity by 2025

At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12 […]

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Total Solarizes L’Oréal’s First Industrial Site in France

Total, through its affiliate Total Quadran, one of the leading renewables players in France, announces the commissioning of the solarization project at L’Oréal’s Vichy production plant. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity produced will cover 33% of the plant’s energy needs, from almost 4,000 […]

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H24US Drives the Science of Hydrogen Separation

H24US has announced that its advanced polymer membrane technology has the best-known observed performance in selecting hydrogen (selectivity) from other gases with very high throughput (permeability) indicating that this technology is one of the current leaders in this field. This outstanding performance was contrasted to other membranes via direct comparison of published data in an […]

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POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV

POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of  India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […]

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BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius

BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […]

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Adani to Develop Green Hydrogen Projects in India, Partners With Maire Tecnimont

Maire Tecnimont and Adani Enterprises will explore the development of industrial projects producing chemicals, ammonia and hydrogen in India Italian conglomerate Maire Tecnimont has announced that it has, through its subsidiaries NextChem, Stamicarbon and MET Development (MET DEV), signed a Memorandum of Understanding (MoU) with Adani Enterprises to explore the development of industrial projects using […]

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