SUBSCRIBE NEWS LETTER

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Construction of 11.6MW Ground-Mounted Solar Plant in Central Hungary by Unisun Energy Group

The start of the project marks another milestone in Unisun’s roadmap to accelerate its expansion into global markets Zhejiang province, China-based Unisun Energy Group, a leading global provider of clean energy solutions, recently announced that the company was about to commence construction of the first phase of its ground-mounted solar power facility in Tiszaszolos, Hungary with initial installed capacity […]

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Tata Power Hosts the 2nd Annual Distribution Utility Meet, 2018

Tata Power, India’s largest integrated power utility hosted the 2nd Annual Distribution Utility Meet, 2018 today in Mumbai. The event was inaugurated by Mr. Arvind Singh, Principal Secretary – Energy, Government of Maharashtra in the presence of Mr. Praveer Sinha, CEO & MD, Tata Power and Mr. Reji Kumar Pillai, President, India Smart Grid Forum (ISGF). […]

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What to Expect from India’s National Energy Storage Mission

Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […]

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Azure Power Wins 300 MW Solar Power Project with AAA Rated NTPC

Azure Power, one of India’s leading independent solar power producers, announced that it has signed a letter of award (LOA) for a 300 MW Interstate Transmission System (ISTS) grid connected solar PV project won in an auction conducted by NTPC Limited, which has a domestic AAA debt rating and is the Government of India’s largest power […]

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ACME Solar Appoints Barclays, JPMorgan for private InvIT

So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […]

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Solar Panels for Bottling Giant

Soft drink bottling giant Coca-Cola Amatil is preparing for a 10,000 solar panel rollout across its operations. Energy company Verdia is responsible for the power upgrade, which will consist of a 3.5-megawatt solar PV system. The solar power system will be installed across three sites, in three different states over the span of eight to […]

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CMI Inaugurates MiRIS: Europe’s Largest Industrial Energy Storage Pilot Plant

MiRIS Project investigates energy storage, PV, and microgrid integration and optimization CMI Energy’s MiRIS project will be integrated with the CMI Group’s headquarters complex to allow its engineers to perform detailed analysis of renewable integration with energy storage CMI Energy, part of CMI Group, will be inaugurating Europe’s largest industrial energy storage facility on October 26, […]

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Smart Meters in Rural India a Win-Win Soln for All: ADB

ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […]

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Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance

Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […]

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