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Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply

ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […]

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Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage

IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […]

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Chhattisgarh Renewable Agency Tenders For 20K Solar Pumps

Chhattisgarh Renewable Energy Development Agency (CREDA), has invited bids for supply of 20,000 solar pumps of 3 HP and 5 HP capacity, in the state during the period 2021-2023. CREDA is the nodal agency for solar power development in Chhattisgarh. The tender covers standardisation of Rates for Survey, design, supply, installation and commissioning of Solar […]

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Azure Power’s Petition for GST Compensation Dismissed by MERC

The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […]

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Research & Design Manager

Design of On-Grid & Hybrid Rooftop Solar System. Developing New Products. Location:- Delhi, India Experience:- Min 3 – 5 Years Required Key Skills:- AutoCAD PV Syst SLD

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ADB to End Fossil Fuel Financing, No Timeline Committed

The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […]

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Solar Developers Trip Up Over Great Indian Bustard Habitat in Rajasthan

Solar developers that made a beeline for Rajasthan, India’s largest state by area with a seemingly plentiful supply of non-agricultural land with high solar irradiance, have been served a shock by the Supreme Court. The court was hearing a case related to the impact on the habitat of the Great Indian Bustard, a critically endangered […]

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SECI Seeking Land for 100 MW Solar Projects in Chhattisgarh for SECL

SECI has issued an EOI for shortlisting of suitable land banks/ parcels for the implementation of 100 MW solar projects in Chhattisgarh. The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EOI) for shortlisting of suitable land banks/ parcels for the implementation of solar projects in the state of Chhattisgarh. SECI […]

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SunPower Releases “Solid” Financial Results for Q1 2021

SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […]

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