High import duties affecting solar deployment in Bangladesh
Analysts at a recent event in Dhaka called for the removal of high import duties on solar products in Bangladesh, as it could reduce PV system prices by up to 11%.
Avaada Energy secures $38 million for captive solar project in Karnataka
Avaada Energy has secured financing for its solar PV power project being developed under a long-term captive power purchase agreement with Karnataka Cooperative Milk Producers’ Federation Ltd.
Jakson Green secures INR 600 million to advance renewable energy projects
Jakson Green has secured a sustainable trade facility of INR 600 million ($7.2 million) from HSBC India. This funding will support the company’s working capital requirements for its renewable energy business, both in India and internationally.
The role of renewable energy in achieving India’s net zero goals
The road to net-zero emissions in India doesn’t require herculean efforts. We can get there by wholeheartedly adopting renewables, investing in innovation and technology, and promoting public-private partnerships to build a better, cleaner, and more sustainable India for generations to come.
Gensol Engineering profit 129% up in FY 2024
Gensol Engineering recorded consolidated revenue of INR 996 crore and net profit of INR 53 crore for fiscal 2023-24.
Madhav Infra secures EPC contract for 15 MW floating solar in Chhattisgarh
Madhav Infra Projects has secured the order to set up a 15 MW floating solar PV project at Maroda Reservoir of NTPC-SAIL Power Co. Ltd (NSPCL) in Chhattisgarh.
Another bidding extension for 300 MW solar EPC in Andhra Pradesh
EPC contractors now have until June 5 to bid for setting up 300 MW of solar capacity in the Ramagiri district.
Gamesa Electric releases study on losses due to harmonics in PV plants
Gamesa Electric has released a white paper on losses due to harmonics in PV plants, including an independent study that compares the performance of ultra-low total harmonic distortion inverters.
NTPC extends bidding for 630 MW of solar
NTPC Renewable Energy Ltd has invited bids to set up 630 MW of grid-connected solar PV projects on a turnkey basis in Madhya Pradesh. Bidding closes on June 18.
IndiGrid Q4 FY 2024 revenue grows 31% year-on-year
IndiGrid’s consolidated revenue for the quarter ended March 31, 2024 was up 31% to INR 7,856 million.
