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Care Ratings revises outlook on 11 solar developers to negative

The revision in outlook reflects increased counterparty risk and weakening in the liquidity position of these generators owing to significant delays in the receipt of payments from Telangana DISCOMs.

5595 electric buses sanctioned under FAME II Scheme

Of these, 5095 e-buses have been allocated to 64 cities for intracity operation, 400 for inter-city operation and 100 for last-mile connectivity to Delhi Metro Rail Corporation.

India to hike import tariff on solar equipment: Power minister

Tariffs will be hiked down the value chain in order to encourage domestic solar manufacturing, which currently stands at just 3.2 GW for solar cells and 8.5 GW for solar modules.

3rd International Electric Vehicle Conclave to kick off tomorrow at Manesar

Jointly organised by India Energy Storage Alliance (IESA) and The International Centre for Automotive Technology (ICAT), the conclave on EV and charging infrastructure will take place on August 9, 2019 at ICAT’s Manesar Campus in Gurugram with over a hundred participating companies.

NLC commissions 100 MW solar plant in Tamil Nadu

The plant—located at Maranthai and Pudur Villages in Tirunelveli District of Tamil Nadu—is part of 709 MW solar power projects awarded by utility Tamil Nadu Generation and Distribution Corporation.

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MNRE invites solar research proposals

The ministry has invited proposals for high-efficiency perovskite solar cells, solar panel recycling, hybrid inverters and new applications that combine solar and storage, among others.

Discoms still not issuing letters of credit against power purchases – NSEFI

The National Solar Energy Federation of India has warned the Ministry of Power that PV developers may be deterred from participating in state tenders because distribution companies are still not issuing letters of credit as a payment security mechanism.

Uttar Pradesh cabinet clears 150 MW floating solar plant over Rihand Dam

The plant will attract an investment of Rs 750 crore into the state, with Rs 500 crore coming from ReNew Power to set up 100 MW and Rs 250 crore from Shapoorji Pallonji for the remaining 50 MW.

Visaka’s solar roofing to power Air India SATS’ walkways

Air India SATS has introduced new aircraft-boarding walkways that use integrated solar roofing panels from Visaka Industries to run two air-conditioners for up to six hours.

Vikram Solar commissions 5 MW solar plant for state-owned Bharat Dynamics Limited

The plant was conceived under viability gap funding scheme for Ministry of Defence establishment to set up 300 MW of grid-connected and off-grid solar power projects at their locations.

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