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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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REIL Floats Tender for Solar Power Plants in Maharashtra

REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […]

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IL&FS Gets Approval for Sale of Wind Assets to Orix

IL&FS has said it has received the necessary approval for the sale of its balance 51 percent of stake in seven wind energy subsidiaries to Orix Corporation The Infrastructure Leasing and Financial Services (IL&FS) has said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 […]

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GST Council to Decide on Tax Cut on EVs This Week

The GST Council will meet on July 25 and decide on lowering tax rates for EVs The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles (EVs), officials said. The 36th meeting of the Council, which will happen through video conferencing, is also […]

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MiaSolé Acheives Flexible Substrate Solar Cell Efficiency of 20.56%

MiaSolé has announced that the U.S. DOE’s NREL has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film solar cell MiaSolé, the US-based subsidiary of Hanergy, has announced that the US Department of Energy’s National Renewable Energy Laboratory has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film device (0.86cm2) deposited […]

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Odisha Gets on With the EV Transition, Plans to Introduce Electric Buses

Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed. The state government of Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed on […]

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SECI Refuses to Lower Tariffs for Andhra Solar Projects

SECI has refused to lower tariffs for 400 MW electricity supplied from a solar park at Galiveedu Mandal in district Kadapa to APSPDCL State-run Solar Energy Corporation of India (SECI) has refused to lower tariffs for 400 MW electricity supplied from a solar park at Galiveedu Mandal in district Kadapa to Andhra Pradesh South Power […]

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Energy Horizons 2019: The Curtailment Issue

On day 2 of Energy Horizons 2019, a session titled ‘Circumventing the Challenge of Grid Adoption” was actually a session about the challenge of curtailment of renewable power by Discoms. A topic so sensitive, that even calling it that is an issue, apparently. Thankfully, a healthy discussion did follow, although a solution was still elusive […]

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Renault Forms JV for Electric Vehicles in China

Renault and JMCG have announced the establishment of their joint venture to further promote the development of Electric Vehicles industry in China Groupe Renault and Jiangling Motors Corporation Group (JMCG) have announced the establishment of their joint venture to further promote the development of the Electric Vehicles industry in China following their first agreement on […]

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