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Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac

Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […]

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Natron Raises $35 Mn to Expand Sodium-Ion Battery Commercialisation

Natron Energy, a leading developer of low-cost Sodium-ion batteries using Prussian Blue chemistry, has raised USD 35 million in Series D funding Natron Energy, a leading developer and supplier of high-power, long-life and low-cost Sodium-ion batteries using Prussian Blue chemistry, has announced that it has raised USD 35 million in Series D funding to further […]

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Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA

The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […]

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NHDC Empaneling Module Manufacturers for its Solar Projects

NHDC has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers for the development of its solar power projects NHDC Limited, a JV company between NHPC Ltd and the Government of Himachal Pradesh, has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers […]

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L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB

L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […]

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bp Commits USD 70 Million in India’s Green Growth Equity Fund

bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […]

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GoodWe Wins All Quality Matters Award for 5th Consecutive Year

GoodWe has once again bagged the “All Quality Matters” award in recognition for the outstanding quality of its EH storage inverter and its MT C&I inverter. Leading manufacturer of solar inverters and energy storage solutions for home and commercial applications, GoodWe has announced that it has once again bagged the TÜV Rheinland’s “All Quality Matters” […]

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The Perils Of A High Customs Duty Regime

Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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