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Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs

Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […]

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KSEB to Modify PSA for 200 MW Wind Power Signed with SECI

KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […]

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Ørsted Issues Green Bonds Worth $394 mn in Taiwan

Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […]

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5 Lakh Govt Cars to be Replaced by E-Vehicles: Javadekar

Prakash Javadekar further said that “the government is promoting e-mobility by taking a lead in changing the fleet of the existing petrol and diesel cars used for official purposes with electric cars.” With an aim to showcase government’s efforts towards promoting e-vehicles in India, Union Minister Prakash Javadekar on Friday said that the government will […]

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Javadekar Flags off E-Vehicles Procured from EESL

The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […]

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MNRE Invites Bids for Evaluation of 5GW VGF Scheme

Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […]

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Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta

We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […]

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Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat

Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […]

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Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round

Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […]

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