Interview: SunSource Energy says regulatory uncertainty is solar industry’s biggest challenge
The disparity between central and state government renewables policies must be resolved and renegotiating signed PPAs is an absolute no-no, according to the solar business’ bosses.
Andhra Pradesh regulator approves solar power tariffs
The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.
ICRA downgrades 1.9 GW of wind, solar projects amid headwinds
Continuing delays in payments from utilities, regulatory uncertainty on tariff matters and tight financing have hit the industry hard.
Captive solar plants, a lucrative proposition for growing MSMEs
By going for captive solar plants, MSMEs can not only contribute in addressing the challenge of global warming but also generate additional cash flows to their business. Ample funding is available for them to make the switch.
AEPPL signs Rs 4930-crore MoU for Li-ion battery plant in Gujarat
The joint venture between Japanese majors Toshiba, Denso and Suzuki aims to achieve annual production capacity of 30 million lithium cells by year 2025.
Proposals invited for transnational projects on energy storage solutions
The aim is development of sustainable, integrated solutions for both short- and long-term storage. November 12 is the last date for submitting expressions of interest. Projects are expected to start before December 15, 2020.
EESL to install EV charging stations in BSNL’s Punjab Telecom Circle
Under the MoU, Energy Efficiency Services Ltd will make the investment on services along with the operation and maintenance of the public charging infrastructure, while the telecom operator would provide the space and power connections.
Avyan Renewable lowers stake in SunEdison Infrastructure
The Chennai-based steam and hot water supply company will acquire 31% of the rooftop solar installer’s equity share capital, instead of 37.5% as agreed upon in July.
India to fall well short of 175 GW renewables target
A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.
Adani Green Energy’s $362.5 million green bonds score E1/90 in S&P Green Evaluation
The bonds being issued by the company’s three arms collectively—Adani Renewable Energy Ltd, Kodangal Solar Parks and Wardha Solar (Maharashtra)—will be used to finance and refinance solar power plants and related transmission infrastructure in India.
