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Nexamp secures $440 million in debt financing for solar and energy storage portfolio
Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy.
FY22 Power Outlook: Doldrums to continue for distribution sector
The discoms relief package of INR1.25 trillion was expected to reduce the overall discoms dues. However, lower-than-expected disbursements under the package along with the discoms’ further weakened profile due to COVID-19 had led to a continuous build-up of dues by end-December 2020.
India Utility wins IGSF Gold Innovation Award for rooftop solar workflow automation
The Enact platform helps the BRPL distributed energy team to manage customer onboarding, solar project approval and processing of solar net metering approvals, working closely with BRPL-approved solar installers across New Delhi.
Former founders and promoters of C&S Electric India to grow and transform their retained businesses under Trimaster Group banner
With the successful acquisition of C&S Electric by Siemens Limited (India), the former promoters of C&S Electric aim to consolidate their retained businesses, primarily of Lighting solutions, MV Switchgear solutions and DG Sets (JV) under the ‘Trimaster’ banner.
Unifrax announces lithium-ion battery anode technology coming early next year
Proprietary anode technology enables significantly greater energy density in lithium ion battery systems than prevailing technologies.
Short-term power prices on the rise
The short-term power price at Indian Energy Exchange continued its improving trend on a yoy basis (January 2021: INR3.18/kWh; January 2020: INR2.86/kWh) with a 17% yoy increase in the traded volumes witnessed in the day-ahead market.
FedEx commits to carbon-neutral operations by 2040
Ambitious plan includes electrifying the global parcel pickup and delivery fleet and establishing the Yale Center for Natural Carbon Capture to advance sequestration solutions.
Kalpataru Power Transmission bags new orders of INR 1,554 crore
The EPC contractor has won orders from India, CIS and Latin America in the power transmission business. Besides, its international subsidiary has secured new power transmission projects in Europe.
Frost & Sullivan and TERI open nominations for the Sustainability 4.0 Awards 2021 in India
The last date to nominate companies that have successfully managed to integrate sustainability into their business is March 31, 2021.
106 MWp of solar power generated by BSES consumers in Delhi
BSES energises 3000 plus rooftop solar net metering connections—highest 1805 residential connections, followed by 665 in educational segment and 554 in commercial.
