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DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules

DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […]

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DTE Electric Company Completes Third Green Bond Offering

$1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […]

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No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA

India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […]

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KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore

KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […]

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Vestas Expands Footprint in Japan With two new Orders

Global wind major Vestas has announced that it has expanded its footprint in Japan with a 43 MW order for the Yokohama-machi Wind Power Plant in Aomori prefecture, Japan. Owned by Japan Wind Development, the project will feature nine Vestas V117-3.45 MW and three Vestas V105-3.45 MW turbines with 94-meter towers. All turbines are delivered in 3.6 MW operating […]

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Maximum 6 Months Extension for RE Projects in Exceptional Cases: MNRE

MNRE has offered clarification on the award of time extension for commissioning of under-development RE projects on account of COVID-19. The Ministry of New and Renewable Energy (MNRE) has offered further clarification on the issue of award of time extension for the commissioning of under-development renewable energy (RE) projects in the country on account of […]

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Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […]

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Berlin-based Betteries Closes €2.1m Seed Funding Round to Upcycle EV Batteries

Betteries, a startup based in Berlin which upcycles electric vehicle (EV) batteries into affordable power systems, announced that it has successfully closed its Euro 2.1m seed funding round led by impact funds Factor[e] Ventures and Beyond Black. Speaking of this investment achieved, CEO and founder of betteries, Dr. Rainer Hönig stated, “This seed round is […]

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Ørsted Commences Construction of its Largest Onshore Project

Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […]

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