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Waaree Energies Powers up Pondicherry’s First Solar Power Project

Waaree Energies has commissioned a 10 MWp solar power project in Pondicherry, the first and only solar plant in the city, so far. Waaree Energies, one of India’s leading solar manufacturers, has announced that it has commissioned a large-scale10 MWp solar power project in Pondicherry. This first and only solar plant in the city, the […]

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CESL Ties up With CSC SPV to Build Demand for EVs; Design Solar & Battery Storage Solns

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), today signed an agreement with CSC e Governance Services India Limited (CSC SPV) to create demand aggregation for electric mobility, solar, energy efficiency solutions and other initiatives of CESL. The agreement was signed between Ms Mahua Acharya, MD & CEO, […]

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Maharashtra Seamless Goes Green With 21 MW Solar Plant from Waaree

Waaree Energies, India’s largest solar module manufacturer and a leader in the EPC segment, has announced the commissioning of 21 MWp ground-mounted solar project in Solapur, Maharashtra. The open access project was executed for Maharashtra Seamless Ltd for captive consumption. This plant is developed to help MSL achieve its endeavor to go carbon neutral. Developed […]

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PXIL Launches Green Term Ahead Market (GTAM)

Power exchange India Limited (PXIL), the energy trading market  promoted by NSE & NCDEX has launched the Green-Term Ahead Market (GTAM) on its transaction platform on 24th March 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the market participants about the product and […]

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Engie Closes Deal With Edelweiss Yield Plus For India Solar Assets

In one of the largest renewable energy deals during the past year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, announced yesterday that it has acquired a 74 per cent stake in French energy major Engie Group’s solar portfolio in India. The investment from the fund will free up Engie to […]

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After Record 2020, South Korea To See Moderation In Solar Growth

South Korea, which has emerged as an unexpected bright spot for growth in the past three years, added almost 4.1 GW of solar in 2020.That places the country well above other relatively large markets like India for instance, which added barely 3.2 GW in 2020. The large additions in South Korea have been a function […]

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Problem of Solar Plenty in Australia As Regulator Considers Two Way Pricing

Australia, where rooftop solar PV has been a huge success, with rooftop solar nudging past the 13 GW mark earlier this year, faces a touch new choice on keeping the momentum up. The Australian Energy Market Commission (AEMC), in a draft  paper, has proposed offering two-way pricing to address the issue of network congestion on […]

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Ministry of Power : Discoms Can Continue Or Leave PPA After Term Completion

The Ministry of Power has issued a letter enabling the Discoms to either continue or exit from the PPA (Power Purchase agreement) after completion of the term of the PPA i.e. beyond 25 years or a period specified in the PPA and allow flexibility to the Generators to sell power in any mode after State/Discom […]

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JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India

Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […]

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