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Association of Power Producers Request Financial Support From Finance Minister

The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […]

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Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme

The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […]

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Power Ministry Mandates all Discoms to Comply With Energy Conservation Act

The Ministry of Power has issued a notification, stating that all the Discoms will now be covered under the preview of the Energy Conservation Act. The Ministry of Power has issued a notification, stating that all the electricity distribution companies (Discoms) in the country will now be covered under the preview of the Energy Conservation […]

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Solar Rooftop Leader Esdec Continues On Acquisition Trail In US, Acquires PanelClaw

Esdec, the global rooftop solar mounting solutions provider, announced yesterday that it has acquired PanelClaw, the largest supplier of solar mounting systems for commercial roofs in the U.S. With the acquisition of PanelClaw, Esdec expands its customer base and portfolio of products available to the growing commercial and industrial (C&I) solar market. The PanelClaw acquisition […]

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NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports

AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […]

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Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam

SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, is located in the “renewable […]

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Dominion Energy Proposes Largest Slate of New Solar Facilities in Virginia

Dominion Energy Virginia proposed its largest slate yet of new solar projects as the company moves forward to provide customers with more clean energy. The nine solar facilities would bring nearly 500 megawatts (MW) of new renewable energy to customers, enough to power around 125,000 homes at peak output. The proposal comes just months after […]

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StatKraft To Aquire Solarcentury In $152 M deal

Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […]

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Artha Energy Commences Expansion Work on Rooftop Solar Plant in Aurangabad

Artha Energy Resources has announced that it has started expansion work on its 165 kW rooftop solar power plant in Aurangabad, Maharashtra. Artha Energy Resources (AER), a boutique investment bank and corporate advisory firm has announced that it has started expansion work on its 165 kW rooftop solar power plant in Aurangabad, Maharashtra. The current […]

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