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renewable energy

Indias Solar Powered IPOs. Why Success Will Matter

Recent weeks have brought news of two IPOs from firms in the sector. First is of course Sterling and Wilsons plans for a billion dollar  IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of []

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New Zealand Plans to Go Carbon Neutral by 2050

Agriculture is incredibly important to New Zealand, but it also needs to be part of the solution, Climate Change Minister James Shaw said.  New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment. []

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JinkoSolar Supplies 88.5 MW of PV Modules For Colombian Solar Power Plant

JinkoSolar has completed the delivery of its 345 Watt PV modules for one of Colombias largest PV project. JinkoSolar, a leading solar module manufacturer in the world, has announced that it has supplied 250,000 Pieces of 345Watt 1500V monocrystalline standard modules for one of the largest solar power plant in Colombia to date which was recently []

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Solar Project Investor PFS Reports 12.7% Growth in 2018-19

Indian power projects investor. PTC Financial Services (PFS) has issued its results for the financial year 2018-19. For PFS the total revenue for the year stood at Rs 1,336.51 crore, which was Rs 151.36 crore more than the company reported in the previous year (FY 2017-18) at Rs 1,185.15 crore. From 2017-18 to 2018-19 the []

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Carbon Taxes are the Best Way to Cut GHG Emissions: Report

An IMF Executive Board review of the fiscal policies for Paris climate strategies and discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper []

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Signify Innovations Predicts Growth in Solar Lights Segment

Signify Innovations India is expecting a good opportunity in the solar lights segment going forward, not only from the rural market but also from the urban market. Signify Innovations India (earlier Philips Lighting India), with 29 million connected light points worldwide is expecting good opportunity in the solar lights segment going forward, not only from the []

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FAME Alone Not Enough to Boost EV Adoption

FAME alone is not enough to reach the 2030 target, various measures as prerequisites are needed in this transition. Policies like FAME need to be supplemented with measures such as domestic manufacturing of vehicles, batteries, and components to boost mass adoption of electric vehicles by 2030, industry body Confederation of Indian Industry (CII) has said.  []

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HC Asks Panel To Relook Into GST on Solar Sector

The Delhi High Court has directed the Goods and Services Tax Council to review the tax structure for solar power projects. The decision was in response to a writ filed by the Solar Power Development Association, which had challenged the latest tax formulation for solar power generating systems unveiled on January 1. The court has []

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Naval Institution in Kochi Commissions Solar Plant

The solar plant is expected to generate close to 14,400 units of energy every year. The Naval Armament Inspectorate (NAI) in Kochi has taken a big step on the green route by harnessing solar power to meet its supplemental energy requirements.  Director General of Naval Armament Inspection (DGNAI) Rear Admiral Sanjay Misra inaugurated the rooftop solar power plant at []

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