EESL India owned EPAL partnered with Leclanché to invest $12 million into first utility-scale storage project in Canada
The project will improve stability on Canada’s largest transmission grid by managing unbalanced supply-demand situations. Similarly, Indian PSUs owned EESL, through EPAL, will also be a part of $175 million investment in clean energy initiatives in the UK’s public and private sectors.
Azure Power announces results for fiscal second quarter 2018
As of September 30, 2017, Azure power has 1,381 MW operating & committed, an increase of 35% over September end 2016. Revenue for the second quarter was INR 1,823.8 million ($27.9 million), an increase of 104% over the quarter ended September 30, 2016. The company’s adjusted EBITDA for the quarter was INR 1,499.5 million (US$23.0 million), an increase of approximately 167% over the fiscal second quarter 2017.
MYSUN use Solar to fight against Delhi’s pollution
MYSUN will wave off all the processing fees for customers for a limited time. First EMI will also be waived off under the MYSUN-Flexi Pay scheme. Going solar is a proactive way of dealing with air pollution, and making Delhi/NCR clean again.
ABB to supply inverters for Solar charging stations for E-Rickshaws
Three wheeled auto rickshaws that still operate in large numbers as a mode of transport in India are going E-Way. A solar charging station scheme in the city of Jabalpur, Rajasthan will help to reduce charging costs by 25%.
L&T Infotech and GE Digital as IIC members will deploy the Digital Testbed at solar plant in Rajasthan
The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.
Haryana: Ultimate Sun Systems commissions 500 KW expansion
The expansion was of the 1 MW rooftop solar plant at the Maharshi Markandeshwar Engineering college in Mullana, Haryana.
Tongwei to invest $1.8bn to build two 10 GW solar cell factories in China
Massive 12 billion yuan ($1.8 billion) investment part of Chinese solar firm’s goal to boost its production capacity to 30 GW and become world’s largest solar manufacturer.
Tata Power commissions 25 MW solar plant in Gujarat
Tata Power Renewable Energy Ltd. has installed 25 MW part of Gujarat solar park. The PPA is signed with SECI at the rate of INR 4.43 ($0.068)/kWh. The company was also awarded for early commissioning of 100 MW solar plant in Karnataka.
Over the Rooftop: The Impact of Grid Infrastructure on Residential PV Adoption
The Government of India has set a target of installing 40 GW of rooftop solar PV electricity generation capacity in the country by 2022. At the end of 2016, only a little over 1 GW had been installed – 1,247 MW, to be exact. In the month of April, the National Institution for Transforming India […]
Actis look at sale of Ostro Energy to ReNew Power
Ostro Energy acquisition by ReNew Power Ventures may rank among India’s biggest renewable energy deals.
