China on Tuesday vowed to retaliate if the United States bans the import of a critical solar panel material from Xinjiang. According to a report in Politico, the Biden administration is mulling to ban the import of solar panel material–polysilicon– from the region, where the Chinese government has been accused of committing genocide against the […]
Category: Power
Power
Actis to buy Fortum’s 500 MW solar power plants in India
Actis, the global infrastructure investment firm, has acquired 500 MW Indian assets of Finland based solar power producer Fortum. Fortum has signed an agreement to divest the 250-MW Pavagada II and the 250-MW Rajasthan solar power plants in India, said a company statement. The total consideration from the divestment on a debt and cash-free basis, […]
Karnataka: Costly fuel pushes up demand for more EV charging stations on highways
In the wake of soaring fuel prices, the demand for more public electric vehicle (EV) charging stations along the highways in the state is growing louder. Currently, Bescom (Bangalore Electricity Supply Company) has installed charging stations mainly on its office premises and the government-owned lands in Bengaluru. Bescom has so far installed 136 charging units […]
India EV sales to grow at 26 per cent by FY23: Fitch
The recently announced electric vehicle (EV) incentives by India along with high fuel prices will be supporting factors for stronger adoption of EVs over 2020-2023, leading to an average annual growth rate of 26%, Fitch Solutions said on Tuesday. However, it said the economic impact of Covid-19 pandemic and limited domestically produced EVs will prove […]
ACME, Brookfield Renewable to jointly develop 450 MWp solar project in Rajasthan
Solar power producer ACME on Tuesday said the company along with Brookfield Renewable will jointly build a 450 MWp solar project in Rajasthan. “ACME, India’s leading solar IPP (independent power producer), today announced closure of a deal with Brookfield Renewable, a global owner and operator of renewable power assets, to build a 450 MWp Solar […]
NTPC Barauni unit 9 all set to generate 250 MW more power
The state is set to further generate 250MW power as the National Thermal Power Corporation’s Barauni unit successfully completed the 72-hour full load trial run operations of its another new unit Thursday midnight. Barauni NTPC corporate communication officer Punita Tirkey said on Saturday the trial run operations of unit number 9 was conducted in total […]
Indore: Mhow to be first city with 100% smart metering system
Mhow is set to become the state’s first city to have cent per cent electricity connections equipped with smart meters. Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (MPPKVVCL) officials claimed to have already equipped over 90 % of the electricity connections of Mhow town with smart meters. These hi-tech smart meters work on radio […]
Despite SC order, work on laying overhead power lines ‘continues’ in GIB habitats
Despite an order from the Supreme Court, work on laying of overhead power lines has reportedly continued in the habitats of Great Indian Bustard (GIB) in Rajasthan and Gujarat without complying with conditions laid down by the apex court. None of the existing power lines has been fitted with bird diverters. This amounts to contempt […]
Australia rejects $36 billion wind, solar, hydrogen energy project
The Australian government has rejected plans for a $36 billion wind, solar and hydrogen project in a remote area of Western Australia, leaving what would have been one of the world’s largest green energy projects in limbo for now. In a decision dated June 15, published on the environment department’s website, Environment Minister Sussan Ley […]
Adani Power to acquire 1,200 MW Essar Power’s Mahan project
The country’s largest power producer in the private sector, Adani Power Limited (APL), will acquire the 1,200 megawatt (MW) Essar Power’s Mahan Project located at Singrauli district of Madhya Pradesh. Resolution Professional of the National Company Law Tribunal (NCLT) issued a Letter of Intent to Adani Power on June 17, said Adani Group company in […]
BP to buy solar projects for up to 500 mn euros in Spain
Energy giant BP is close to buying solar power projects for between 400 million euros and 500 million euros in Spain from conglomerate Grupo Jorge, Expansion newspaper reported on Friday, citing unidentified industry sources. Lightsource bp, BP’s solar power unit, would take over a portfolio of photovoltaic power projects with a total potential capacity of […]
Andhra Pradesh High Court nullifies solar project tender including 600 Mw unit won by Adani Green Energy
The Andhra Pradesh High Court has quashed the request for selection (RfS) and power purchase agreement (PPA) for procuring 6.4 Gw of solar power projects. Tata Power Renewable Energy had moved the HC challenging the RfS and PPA issued by the Andhra Pradesh Green Energy Corporation (APGECL) in January 2021. Adani Green Energy (AGEL) in […]