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Blockchain Company, Swytch to Partner with South Korean City of Chuncheon to Develop Solar
Swytch, a U.S.-based blockchain-driven clean energy company, has signed a deal with Chuncheon, the capital of Gangwon Province in South Korea, to reduce carbon emissions in the city. Under the ...
Trina Solar Signs $30 Million Credit Agreement with VietinBank
The Vietnamese arm of Trina Solar, a Chinese module and cell manufacturer, has signed a $30 million credit agreement with VietinBank in the province of Bac Giang, Vietnam. This is the first ...
Gas Authority of India to Enter Solar and EV Sectors
India’s biggest natural gas transporting and marketing company, the Gas Authority of India Limited (GAIL), a government owned entity, is looking to diversify its portfolio. According to a PTI report, ...
EBRD to Provide €31 Million Loan for 30 MW Solar Project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) will provide a €31 million ($35 million) loan to Nomad Solar LLP for the construction and operation of a 30 MW solar PV ...
Exicom Wins NTPC Tender to Develop EV Charging Stations in Jabalpur
Exicom, an energy storage solutions provider, has won the tender floated in March 2018 by the National Thermal Power Corporation (NTPC) for installing EV charging stations in Jabalpur, Madhya Pradesh ...
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Bihar Sets Solar PV Generic Tariff at ₹4.17/kWh for FY 2018-19
The Bihar Electricity Regulatory Commission (BERC) has fixed the generic levelized tariff for power generated from solar PV for FY 2018-19 at ₹4.17 (~$0.059)/kWh without accelerated depreciation (AD). With AD ...
China Disputes US Solar Safeguard Measures and Domestic Content Requirement with WTO
China has requested the World Trade Organization’s (WTO) dispute settlement body (DSB) for consultations with regards to U.S. safeguard measures on imported solar photovoltaic products and domestic subsidies. In a statement ...
SECI Issues 160 MW Solar-Wind Hybrid Tender with Battery Energy Storage System
The Solar Energy Corporation of India Limited (SECI) has issued a tender for the development of 160 MW of solar-wind hybrid power project with battery energy storage system (BESS) at Ramagiri, ...
MNRE Broadens the Definition of ‘Storage’ in its Wind-Solar Hybrid Policy
The Ministry of New and Renewable Energy (MNRE) has amended the National Wind-Solar Hybrid Policy to remove the word ‘battery’ from the relevant clauses in order to broaden the definition ...
Germany and India Sign a €200 Million Loan Agreement to Fund Renewable Projects
KfW, a leading German financial institution, has signed a €200 million (~$228.15 million) loan agreement with India’s Rural Electrification Corporation Limited (REC), a state-run power sector financer. KfW signed the ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million
GuarantCo Ltd, a part of Private Infrastructure Development Group (PIDG), has signed a deal with Singapore-based developer Sindicatum Renewables for $60 million worth of green bonds. The proceeds from the green ...
Lowest Tariff of ₹2.59/kWh Wins NTPC’s 2 GW Solar Auction
Lowest (L1) tariff of ₹2.59 (~$0.0372)/kWh was quoted in the auction held by the National Thermal Power Corporation (NTPC) to develop 2 GW of interstate transmission system (ISTS)-connected solar photovoltaic ...
Ciel et Terre Opens Floating Solar Manufacturing Unit in India
Ciel et Terre International, a French floating solar specialist, has started its endeavour to increase its footprint in the solar industry of India. As part of its expansion plans in ...
Himachal Pradesh Approves ₹2.24 Billion Program for Agricultural Solar Pumps
In a bid to promote renewable energy and expand the usage of solar power in irrigation, the Himachal Pradesh cabinet has approved ₹2.24 billion (~$32.6 million) for its ‘Saur Sinchayee ...
African Consortium Signs PPA to Develop of a 60 MW Solar Project in Chad
To reduce the dependence on coal-based power in African countries, a consortium including InfraCo Africa and Smart Energies International, has come together to develop a 60 MW solar project in the ...
Optare, an Ashok Leyland Subsidiary, Wins Order for 31 EV Double-decker Buses in London
The world is adopting electric vehicles (EVs) at a rapid pace. Recently, Optare, a subsidiary of Ashok Leyland which is a part of the Hinduja Group, won an order for 31 ...
Interview: Safeguard Duty Does Not Seem to Safeguard Interests of Solar Project Developers
India’s solar sector is currently dealing with a plethora of issues from all sides, while trying to keep pace to meet the 2022 goal of 100 GW it has set ...
Lowest Tariff of 2.79 cents/kWh Quoted in Egypt’s 200 MW Solar Auction
The Egyptian Electricity Transmission Company (EETC) has announced the financial bids for the construction of a 200 MW solar power plant in Kom Ombo, according to the Daily News Egypt. EETC ...
Kazang Solar Bags $1.6 Million to Provide Off-Grid Solar Solutions in Zambia
Kazang Solar, distribution partner of Azuri Technologies in Zambia, has been awarded $1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide solar home lighting products to more than ...
US Imposes 25 Percent Import Tariff on Solar Cells and Modules from China
The Office of the United States Trade Representative (USTR) has announced a 25 percent additional tariff on the import of 279 Chinese products, worth approximately $16 billion. Among these products, ...
CERC Amends Regulations for Open Access in Interstate Transmission
The Central Electricity Regulatory Commission (CERC) has amended the regulations for Open Access in Interstate Transmission, which were first passed in 2008. The new regulations will be called the CERC ...
India Working Towards a National Energy Storage Mission
To keep pace with the changing dynamics of the energy markets, India is now working toward a National Energy Storage Mission (NESM). In February 2018, a committee with representatives from ...
Solar Power Generation Jumps by 73 Percent YoY in Q2 2018
India’s efforts toward installing solar to meet country’s energy requirements has led to a substantial increase in solar power generation. According to the data released by the Central Electricity Authority ...
Madras High Court Asks Customs to Clear Solar Modules Without Paying Safeguard Duty
Following the Orissa High Court order to stay the notification on the safeguard duty, the Madras High Court has now instructed customs officials at the Chennai port to provisionally release ...
MNRE Targets 118 MW Under Phase-III of Decentralized Solar Program
The Ministry of New and Renewable Energy (MNRE) is targeting the installation of 118 MW of solar power capacity by March 31, 2020 through off grid solar photovoltaic (PV) applications ...
