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ET Energy

Lightsource BP Acquires 1.9 GW Solar Projects in Brazil

Lightsource BP has acquired 1.9 GW of solar PV power projects from Enerlife, in a major move into the Brazilian solar market. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects has announced the acquisition of nearly 2 GW of solar PV projects in a major move into the […]

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Solar Thermal Industry Seeks Replacement of 18% GST with 5%

Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […]

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Rolec Provides Over 1,000 EV Charging Points for KIA UK

Rolec EV has manufactured and supplied over 1,000 EV charging points for KIA Motors UK’s Head Office, dealership network and domestic EV customers. Rolec EV, one of Europe’s largest manufacturers of electric vehicle charging stations and equipment, has announced that it has manufactured and supplied over 1,000 electric vehicle charging points for KIA Motors UK’s […]

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Economic Survey: Emphasise on EVs, Supporting Policies to Reduce Total Ownership Cost

The country must emphasise on EVs and appropriate policy measures to lower the overall lifetime ownership cost, according to the latest Economic Survey The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership cost to make them […]

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FAME II Scheme Funds 6 EV Charging Infrastructure Projects

FAME II scheme completes funding of 6 Projects to support the creation of charging infrastructure in selected cities and along major highways to address range anxiety among users of electric vehicles Six projects for setting up of EV charging infrastructure have been funded under Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles —FAME II […]

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Grid-Tied Solar Capacity Approaching 30 GW: RK Singh

The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark, as per the data revealed by RK Singh. The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark sooner rather than later with the installed capacity at the end of May 2019, being 29,409 MW, […]

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PFC Raises $ 300 Million Through Syndicated Loans

PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […]

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Hanergy Bags 400 MW Solar Project in DR Congo

Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […]

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Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions

The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […]

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