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Canadian Solar Secures USD 120 mn Financing for Brazilian Solar Projects

Canadian Solar has secured a USD 120 million project financing from Banco do Nordeste do Brasil for its Francisco Sa and Jaiba solar power projects Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured 487 million Brazilian reais (USD 120 million) non-recourse project financing from Banco do Nordeste […]

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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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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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Adani Commissions 200 MW Solar Project in Rajasthan

Adani Green Energy has commissioned the balance 100 MW solar capacity in the state of Rajasthan out of the 200 MW capacity it was awarded by MSEDCL Adani Green Energy, through its step-down subsidiary Adani Renewable Energy (RJ,) has announced the commissioning of the balance 100 MW capacity on August, 21 2019, in the state […]

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West Bengal Planning to Introduce New EV Charging Policy

West Bengal is planning to introduce a new policy for EV charging stations in the state. West Bengal Urban Development Ministry is planning to introduce a new policy for electric vehicle (EV) charging stations in the state. The state government is also planning to introduce 500 electric buses under the second phase fo the FAME […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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West Bengal Gets Proposal for 800 MW Solar Project

West Bengal has received a proposal for 800 MW solar power project with an estimated investment of Rs 3,000 crore from a private investor The West Bengal government has received a proposal for 800 megawatts (MW) solar power project with an estimated investment of Rs 3,000 crore from a private investor, state Power Minister Sobhandeb […]

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Statkraft Acquires EV Charging Company E-Wald

Statkraft has acquired the entire shareholding of German electric vehicle (EV) charging company E-WALD GmbH. One of Europe’s largest generators of renewable energy, Norwegian power firm Statkraft has acquired the entire shareholding of German electric vehicle (EV) charging company E-WALD GmbH. “The acquisition further strengthens Statkraft’s position in the German and European EV charging market […]

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Environment Ministry Trims Lease Rent on Wind Projects

The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […]

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