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Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s

Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […]

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Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog

NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and mea­sures for mitigating climate change. […]

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Eastern Railways Iconic Jamalpur Workshop To Go Solar

In its ambitious push to become a ‘Carbon Neutral Railway,’ the Eastern Railway is also leaning heavily on solar power. Coming up next is a 3.7 MWp roof top and shed solar power plant at its Jamalpur Workshop for 25 years. The Jamalpur Workshop, or Jamalpur Locomotive Workshop was established on 8 February 1862 as […]

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Canadian Solar Loses Patent Claim to Solaria, Stops Modules Supply to US in Settlement

Solaria Corporation has declared that it has settled its patent infringement claims against Canadian Solar. Solaria is a U.S.-based global provider of solar energy products and Canadian Solar is a Chinese solar panel manufacturer. According to the official statement, Solaria has agreed to terminate its litigations against Canadian Solar in exchange for Canadian Solar ceasing […]

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Despite Positive Results, Renewable Energy In Australia Faces Local Challenges

Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […]

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South East Asia Solar Exports To US Might Get A Two Year Free Pass

In a possible move to keep up the momentum of Solar capacity build out in the US, President Joe Biden is likely to use his executive authority vested in the Presidency to allow for a two year waiver for imports from South East Asia. This follows the exemptions given to Bifacial module imports earlier, which […]

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Savannah Energy sings pact with Chad to develop 500 MW renewable projects

British energy company Savannah Energy has announced the signing of an agreement with the Ministry of Petroleum and Energy of Chad for the development of up to 500 MW of renewable energy projects. The projects will supply electricity to the Doba Oil Project and the towns of Moundou and Doba in Southern Chad, and the […]

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India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22

India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […]

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