You are here

Petronas eyeing India's ACME Solar assets worth Rs 450-500 crore: Report

By : Sustainability ..., May 28, 2020

Malaysia’s Petronas is reportedly looking to acquire 100 MW solar power assets located in Karnataka from ACME Solar. Petronas will likely conduct the deal worth Rs 450-500 crore through its Indian arm Amplus Energy Solutions, The Economic Times reported. The Malaysian state-...

Read more..

India steps on the gas to set up World Solar Bank, may take up 30% equity

By : Sustainability ..., May 28, 2020

India is looking to expedite the International Solar Alliance’ (ISA) playbook of setting up a World Solar Bank (WSB), that may require a total equity capital of $10 billion and a paid-up capital of $2 billion, said two people aware of the development. The plan being explored...

Read more..

India invites bid for One Sun One World One Grid to take on China’s Belt and Road Initiative

By : Sustainability ..., May 28, 2020

India has moved ahead with threading-the-needle for an ambitious global electricity grid, with the National Democratic Alliance (NDA) government on Tuesday calling for bids to roll-out the “One Sun One World One Grid" (OSOWOG) plan. The pre-bid meeting called on 5 June by...

Read more..

Boost for zero-emission sources as global capital backs Indian solar power

By : Sustainability ..., May 26, 2020

Indian solar power continues to draw foreign capital as plunging tariffs offer ample opportunities to invest in clean, zero-emissions energy sources. A study jointly commissioned by US-based think tank Institute for Energy Economics & Financial Analysis (IEEFA) and JMK...

Read more..

Leaders in an open letter call for solarisation of clinics in rural areas

By : Sustainability ..., May 1, 2020

Twenty leaders from across the country in an open letter released on Thursday have called for action to make all unelectrified healthcare clinics in rural areas solarised. The signatories were from various think-tanks, research groups, renewable energy firms, sustainable...

Read more..

IEX says average spot power prices down 21% in March

By : Sustainability ..., Apr 7, 2020

Indian Energy Exchange (IEX) said electricity prices in spot market declined by 21% in March 2020 even as there was a 18% surge in trade volume. IEX saw a trade of 4,291 million units (MU) - the Day-Ahead Market (DAM) traded 3,971 MU during March 2020 and saw 18% year-on-year...

Read more..

Sungrow seals 650-MW solar inverter agreement in India

By : Sustainability ..., Mar 26, 2020

China’s Sungrow Power Supply Co Ltd (SHE:300274) will supply 650 MW of solar inverters in India under a new strategic agreement with Avaada Energy, it was announced today. More specifically, Sungrow will deliver its 1,500-V, 3.125-MW central inverter solutions for the...

Read more..

Karnataka emerges as largest market for solar power in open access mode

By : Sustainability ..., Mar 19, 2020

Karnataka is the largest market for solar power in the open access mode based on total installations at the end of December 2019, according to a report. It was followed by Andhra Pradesh, Maharashtra, Uttar Pradesh, Telangana and Haryana. “Uttar Pradesh, Haryana, Tamil Nadu,...

Read more..

ITI Limited Tenders for Procurement of Solar Power Under Open Access Model

By : Sustainability ..., Mar 12, 2020

ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” tag which will contribute towards cutting carbon emission in the environment. Towards this, it has now issued a tender to procure...

Read more..

ARAI signs agreement with ISIE for electric solar vehicle rally

By : Sustainability ..., Mar 5, 2020

The Imperial Society of Innovative Engineers (ISIEINDIA) and the Automotive Research Association of India (ARAI) signed a memorandum of understanding (MoU) to launch a national rally called electric solar vehicle championship (ESVC) 3000. This national rally is planned on the...

Read more..