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NIT For 1000 MW Solar Projects in North Eastern States

The solar projects will be developed on a build, own and operate basis by the SPDs in northeastern states including Sikkim. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1000 MW Grid-Connected Solar Power Projects in the North-Eastern States including Sikkim, under […]

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Spain Amends Renewable Energy Targets to 74% By 2030

The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […]

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EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency

The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […]

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Second Tender For 5 MW Rooftop Solar Issued in Maharashtra

The last date of bid submission is March 04, 2019. The Public Works Department (PWD) of Amravati has issued another tender inviting bids for selection of developers to set up cumulative 5 MW of solar capacity rooftop projects at various places distributed in 309 rest houses in different districts of Maharashtra. The rooftop solar projects […]

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DGTR Recommends Anti-Dumping Duty on EVA Sheets For Solar Modules

The DGTR suggested that the purpose of anti-dumping duties is to eliminate injury caused to the domestic industry by the unfair trade practices of dumping and to re-establish open and fair competition in the Indian market. The Directorate General of Trade Remedies (DGTR) in its final findings notification on the matter of anti-dumping investigation concerning […]

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KPIT Announces Winners of the Fifth Edition of Its National Innovation and Design Contest, KPIT Sparkle 2019

Team Aqua from Army Institute of Technology, Pune won the Platinum Award at KPIT Sparkle 2019 KPIT, a global leader in automotive engineering and mobility solutions, has announced the winners of its annual national design and development innovation contest, KPIT Sparkle 2019. The competition aims at fostering innovation among students by providing them with an […]

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Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes

Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd.  “The rating of the proposed notes reflects […]

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EESL & BRPL to Launch Super-Efficient Air Conditioning Programme

EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […]

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Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs

The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […]

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