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Long Standing Issues of Long-Term Power Purchase Agreements

The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government []

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Should Safeguard Duty Expiry in July be Replaced with Fresh Tariffs on Solar Imports from China and Malaysia?

Safeguard duty, which was implemented by the government in July 2018 with an aim to protect the domestic solar manufacturing, is going to be wrapped up in July this year. In-line with this, the Directorate General of Trade Remedies (DGTR) has already initiated a review investigation for considering continuance of safeguard duty on solar cells []

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Solar Rooftop: Over to the States

The Missing Player Rooftop Solar. Right up till 2014, when India shifted gears in solar with an ambitious new target and a new focus on utility scale solar, solar usually meant rooftop solar, or even solar water heaters and other distributed solar products. And this was not because we had a lot of rooftop solar []

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Tender Issued for 2000 MW Wind Power Projects in India

SECI has tendered for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in India under Tranche-IX. The Solar Energy Corporation of India (SECI) has issued a tender for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in []

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Vestas Secures Full Wind Volume in Danish Auction Round

Vestas has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. Vestas has announced that it has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. With this order, Vestas has []

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Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019

Investments in the countrys renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. Investments in the countrys renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment []

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Solar Accounted for 40% of new US Electric Generation Capacity in 2019

Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source []

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Solar Tech Startup Zunroof Raises $3 Mn in Second Round of Funding from Godrej

After USD 1.2 million investment from Godrej family office in a pre-series A round in April last year, Gurgaon-based startup ZunRoof Tech Private Limited (Zunroof) on Monday now received a follow on Series A funding of about USD 3 million in the second round of investment by the family office. The company aims to use []

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Covid 19 Could Push Oil Consumption Back By a Decade

Global oil Consumption in 2020 could be pushed back to levels last seen a decade back. That would be unprecedented, with profound lessons for the future. With the rest of the world entering the most intense phase of the Covid 19, or coronavirus epidemic impact, one thing is clear. Global oil consumption could be easily []

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