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Inox Wind Drops More Than Rs 160 Crore in Income in June Quarter

Inox Wind had reported that its total income during the June quarter was Rs 101.90 crore, dropping more than Rs 160 crore YoY from Rs 264.53 crore. Indian wind energy service firm and manufacturer Inox Wind had reported on its financial results for the quarter ended June 30, 2020. The firm had revealed that its […]

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Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report

A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the world’s cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able […]

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Indian Railways Begins Talks With key Solar Industry Players

Piyush Goyal has held a meeting with stakeholders in the solar sector and discussed innovative solutions for setting up solar projects along railways tracks. As part of the Indian Railways‘ plan to become a net-zero carbon emitter by 2030, Railway Minister Piyush Goyal has held a meeting with stakeholders in the solar power sector and discussed innovative […]

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The Triple Challenge Dragging Down Solar In India

On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […]

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SPDA Makes a Case for 18 Month Deferment of BCD On Solar Equipment

Just a week after the manufacturers association, the All India Solar Industries Association (AISIA) made a plea for 50 percent BCD at the earliest, comes the rejoinder from Solar Power Developers Association (SPDA). The SPDA is a national association representing India’s ‘upcoming’ solar power generators and developers, and says that the Government must reconsider its […]

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GSECL Invites Bids For 110 MW Solar In Gujarat

The Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants in Gujarat. The bid document says that the plant sizes can vary between 10 MW to 55 MW across three substations operated by Gujarat Energy Transmission Corporation Limited (GETCO). GSECL of course is […]

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SECI Releases ₹520 Crores To developers in July

At a time when the stress due to overdues from discoms, besides multiple other factors has got the industry on edge, SECI (Solar Energy Corporation Of India) has released a statement that claims ₹520 crores have been released to developers for payments against wind and solar energy generation. This represents about 75 percent of the […]

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Two Wheeler EV Startup VOGO Eyes Normalcy By Year End

Bengaluru based VOGO, a tech-enabled, self-ride two-wheeler rental service, has announced that it has recovered 40% of the Pre-COVID revenues in Hyderabad since the resumption of its services post lockdown, and intends to be back on the growth trajectory by the end of 2020. The company is also planning to introduce EV fleets to provide […]

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MNRE Issues Specifications for Tech Neutral Lithium Batteries for Solar off-Grid Applications

MNRE has issued new draft specifications for use of technology neutral lithium batteries in off-grid solar applications in different MNRE schemes. The Ministry of New and Renewable Energy (MNRE) has issued new draft specifications for use of technology neutral lithium batteries in off-grid solar applications in different MNRE schemes. Stakeholders have been requested to submit […]

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