India’s Acme Solar Halves IPO Size To Around $230 Million
April 23rd, 2018 | by Saurabh
One of India's leading solar power project developers, Acme Solar, has significantly reduced the size of its Initial Public Offering.
Author Archives: Saurabh
India Exempts Imported Solar Panels From Customs Duty
April 23rd, 2018 | by Saurabh
In a major relief to solar power project developers in India, the government has exempted imported solar panels from customs duty.
India A Step Closer To First Offshore Wind Energy Auction
April 17th, 2018 | by Saurabh
Nearly eight years after we first covered news about India taking initial steps to set up offshore wind energy projects, the first government document seen as a precursor to a final auction has been released.
India Added More Solar & Wind In 2017 Than Coal-Based Capacity
April 17th, 2018 | by Saurabh
Perhaps for the first time ever, India added more renewable renewable energy capacity in a calendar year than coal-based capacity. One of the fastest growing renewable energy markets achieved this feat last year.
India Had Coal-Free Power Capacity Addition During 8 Months In 2017
April 17th, 2018 | by Saurabh
India probably witnessed the greenest stretch of its power sector last year in terms of new capacity added. No thermal power capacity was added in 8 of the 12 months last year in India.
Canadian Pension Fund Fuels India’s Largest Renewable Energy Deal
April 17th, 2018 | by Saurabh
Earlier this month, ReNew Power Ventures Limited became India’s largest renewable energy developer following the acquisition of another renewable energy developer. Canadian pension funds had a major role in this landmark transaction.
Indian State To Launch 3 Gigawatts Of Solar & Wind Tenders Soon
April 2nd, 2018 | by Saurabh
The Indian state of Tamil Nadu is set to float tenders for solar and wind energy projects soon, as it hopes to aggressively increase its installed renewable energy capacity.
Indian State Of Gujarat Plans 7 Gigawatts New Solar & Wind By 2022
April 2nd, 2018 | by Saurabh
The Indian state of Gujarat has announced plans to aggressively increase procurement of renewable energy over the next few years.
Engie Reports Progress On More Than 600 Megawatts Of Solar & Wind In India, Eyes Stake Sale
March 29th, 2018 | by Saurabh
French energy utility Engie announced major progress in India regarding its renewable energy business in India this month. The company has seen rapid growth in the highly competitive wind and solar power markets in India.
India’s First Fuel Cell-Powered Bus Launched
March 29th, 2018 | by Saurabh
Earlier this month, India witnessed the launch of its first fuel cell-powered bus as automobile manufacturers, in collaboration with government entities, are pushing for clean transportation options due to increased pollution and high petroleum import bill.
India’s Largest Power Producer Floats 2 Gigawatt Wind Tender
March 29th, 2018 | by Saurabh
India's largest power generation company, a predominantly thermal power company, has issued its first federal-level wind energy tender.
Almost All Power Capacity Added In India In Q4 2017 Was Renewable
March 29th, 2018 | by Saurabh
Renewable energy technologies, led overwhelmingly by solar power, continued to lead in new power generation capacity installed in India in the fourth quarter of last year.
India Terminates Solar Anti-Dumping Investigation, New Round Awaited
March 29th, 2018 | by Saurabh
Indian government authorities have prematurely ended anti-dumping investigations against imported solar modules and may now start a new one where a larger volume of imports would be investigated.
India Advised Against Levying Import Duty On Solar Cells & Modules
March 20th, 2018 | by Saurabh
The Indian government has been advised by multiple entities not to levy import duties on solar cells and modules.
250 Megawatt Project At Landmark Indian Solar Park Gets $146 Million Funding
March 20th, 2018 | by Saurabh
Mahindra Renewables has announced that it achieved financial closure for a project it was awarded at the Rewa solar power park.
Suzlon Energy Commissions Largest Wind Turbine In India
March 20th, 2018 | by Saurabh
One of India’s leading wind energy solutions providers, Suzlon Energy, has announced a new wind turbine that could help generate significant savings for project developers as competition in India’s wind energy sector intensifies.
India To Change Solar Bid Rules To Address Possible Import Duties
March 20th, 2018 | by Saurabh
Just days after two Indian states were forced to postpone solar power auctions for 2.2 gigawatts of capacity, the federal government has given new assurances that would allay some concerns of the developers.
India Offers $1 Billion To African Countries For Solar Projects
March 20th, 2018 | by Saurabh
Following the first summit of the International Solar Alliance held in New Delhi recently, the Indian government has announced assistance worth $1 billion for implementation of solar power projects across several countries in Africa.
India’s Tata Motors Developing Battery To Match Nissan Leaf, Hyundai Kona
March 19th, 2018 | by Saurabh
Just days after Indian EV manufacturer Mahindra Electric announced plans to partner with LG Chem to develop new lithium-ion cells and battery packs exclusively for the Indian market, its main competitor Tata Motors has thrown a counter punch.
India Having Second Thoughts Over 100% EV Target?
March 19th, 2018 | by Saurabh
The Nikkei Asian Review has taken note of a recent remark by India’s Minister for Power and Renewable Energy that may indicate a significant downgrade of India’s earlier stated goal to fully switch to electric vehicles by 2030.
Indian Power Generator NTPC Floats 2.75 Gigawatt Solar Tenders
March 19th, 2018 | by Saurabh
India’s largest power generation company, NTPC Limited, has floated two tenders to auction 2.75 gigawatts of solar power capacity.
Wind Energy Tariffs Rise In India’s State-Level Auction
March 14th, 2018 | by Saurabh
Wind energy tariffs in the latest auction in India are firming up even as competition among project developers remained high.
Uncertainty Over Anti-dumping Duties Delays 2.2 Gigawatt Solar Auctions In India
March 14th, 2018 | by Saurabh
As the federal government considers imposition of anti-dumping and safeguard duties on imported solar power modules, Indian states have been forced to delay auctions for solar power capacity worth 2.2 gigawatts.
India Relaxes Terms For Federal Wind Energy Auctions
March 12th, 2018 | by Saurabh
The Solar Energy Corporation of India has modified some requirements for the fourth federal-level wind energy auction. The modifications are likely to be welcomed by project developers, as participation has been made easier and penalties have been reduced slightly.
India’s Largest Solar Tender Of 3 Gigawatts Launched
March 12th, 2018 | by Saurabh
Late last month, the Solar Energy Corporation of India launched a Request for Proposal (RfP) document for what will be the single largest solar power auction in the country’s history.
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