Bosch expands supply of renewable energy

Bosch has announced that it is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has signed three exclusive long-term purchasing agreements for PV electricity with the providers RWE, Statkraft, […]

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Change in Law payments lead to INR 4K crore cash inflow for solar sector: CRISIL

Recent commencement of Change in Law payments by state power distribution companies (discoms) and Solar Energy Corporation of India (SECI) for Goods and Services Tax (GST) to solar power projects, comes as a shot in the arm for the sector. Together with safeguard duty (SFD) reimbursements, which also qualify under ‘Change in Law’, the payments will […]

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KfW offers 600 crore loan to West Bengal for first phase of 125MW solar park

German KfW Development Bank has agreed to give a soft loan of Rs 600 crore to West Bengal power utility for the first phase of a 125MW solar park project. The solar park project will be developed n in Purba Medinipur district, Power minister Sobhandeb Chattopadhyay said. The project to be executed by the West […]

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Ayana Renewable acquires 100 per cent stake in two assets of First Solar in Karnataka

Ayana Renewable Power on Tuesday said it has acquired 100 per cent equity stake in two First Solar-developed photovoltaic (PV) solar power plants in Karnataka for an undisclosed amount. The total capacity of these plants is megawatts (MW), the company said in a statement. “The 100 per cent acquisition of the two projects, located in […]

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Solar equipment imports down 83 percent even before govt checks

The Covid-19 pandemic has dealt a severe blow to India’s solar equipment imports from China, even before various government initiatives to check imports and boost domestic manufacturing set in. As per Commerce Ministry data, Indian imports declined by 83 per cent in the April-June quarter of current fiscal, totalling $69 million (Rs 515 crore) as […]

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Discoms in Delhi witnesses surge in residential rooftop solar power connections

Power discoms in the national capital are witnessing a “surge” in residential rooftop solar power connections, with more than half of over 3,700 net metering connections installed in recent years falling under this category, officials said. The BSES discoms have so far energised over 2,700 solar net metering connections in the city, with the highest […]

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APTEL postpones renewable energy certificates trading by four weeks

The Appellate Tribunal for Electricity (APTEL) has postponed the trading of renewable energy certificates (REC) scheduled on July 29, by four weeks. In an order issued on July 24, APTEL postponed the RECs trading session scheduled on July 29, 2020 by four weeks in three separate appeals filed by Green Energy Association, IWPA (Indian Wind […]

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Tata Power to fix its focus on renewables for future growth

Tata Power will focus on the renewables for future growth and aims to raise its green energy portfolio to 50 per cent. The company’s growth will be concentrated in renewables, distribution and transmission of power along with new and value added business including rooftop solar, smart metering, micro-grids in rural areas and setting up EV […]

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BHEL floats Tender for String Monitoring Boxes for NTPC’s 20 MW Solar Project

Bharat Heavy Electricals Limited (BHEL) has floated tender inviting bids to supply 104 string monitoring boxes, four wireless receiver systems for supervisory control and data acquisition (SCADA), and other spare components for NTPC’s 20 MW solar project in Gandhar, Gujarat The last date for the submission of bids is August 8, 2020 As per the […]

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All members of UN can join ISA under recently amended Framework Agreement: MEA

Ministry of External Affairs recently said that all members of the United Nations can join the International Solar Alliance (ISA) under the amended ISA Framework Agreement. The necessary ratifications/approvals/acceptances obtained from the requisite number of ISA member countries as mandated by the Framework Agreement of the ISA, the said amendment has entered into force on […]

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