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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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International Solar Alliance Expands With Hungary

After Haiti, Hungary announces to join the International Solar Alliance (ISA) during Jaishankar’s visit to the country. Hungary may be followed by 3 more central European countries which are a part of V4 Hungary has announced to join the International Solar Alliance during Indian foreign minister visit to the Visegrad group. During the visit, the […]

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Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia

Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […]

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Bihar Tenders for Two 2 MW Floating Solar Plants

BREDA has issued two RfP for the development of two 2 MW capacity grid-tied floating solar power plants in the state of Bihar The Bihar Renewable Energy Development Agency (BREDA) has issued two Request for Proposals (RfP) for the development of two 2 MW capacity grid-tied floating solar power plants in the state. The first […]

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […]

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Siemens to Develop Transmission Link Between Great Britain & Denmark

Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […]

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PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project

PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan. State-run PowerGrid Corporation of  India (PGCIL) has announced that its board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan.  The […]

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Researchers Devise a Better Method for Harnessing Power from Solar Panels

A team of researchers has developed what they claim to be is a better method for harnessing the volume of energy collected by solar panels. In a new study, conducted by the University of Waterloo, the team of researchers developed an algorithm that increases the efficiency of the solar photovoltaic (PV) system and reduces the […]

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Hero Launches Electric Bike Dash, Starting at Rs 62K

Within a week of launching two high-end e-scooters, Hero has launched its Electric Dash in India. The best news—all three are priced below Rs 70,000 Indian automobile maker, Hero electric launched its newest Electric scooter called Dash. The news comes within a week of its launch of Electric Optima ER and Nyx ER. Hero Dash […]

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