Mahindra & Mahindra cancels pact to sell solar arm
The company cited delay in sale completion of Neo Solren as the reason for the pact’s cancellation with CLP India. The subsidiary was formed to set up and operate solar plants in Telangana.
Green finance flows just one-tenth of the actual requirement
The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required.
India could add 6,490 electric buses in next two years
The country’s electric bus market has gained momentum owing to aggressive government push through FAME India [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] scheme and increased interest from global investors.
Study explores feasibility of North India’s renewables transition
The region could, by 2050, cut greenhouse gas emissions from power, heat, transport and desalination which are expected to add up to more than 825 metric tons of carbon dioxide equivalent this year. Such a transition could be perfectly possible, technically and financially.
Maharashtra utility seeks installers for 25 MW of solar rooftops
The state electric company has issued a call for expressions of interest in installing the residential arrays.
Over 26,000 register for World Solar Technology Summit tomorrow
The Summit will see the signing of four partnership agreements, including one between India’s Ministry of New and Renewable Energy, World Bank, and International Solar Alliance.
India’s solar future: Domestic first, international second
The International Solar Alliance signals India’s hope to be a global competitor in emerging technologies and cement its place as an institution builder. But how does India’s vision translate into domestic policy? Has India led by example?
Tata Motors, Hyundai bag 250 EV supply order from government
The electric vehicles—150 units of Nexon XZ+ and 100 Kona electric—will replace Central and State Governments’ existing fleet of petrol and diesel vehicles.
Macquarie selects Prescinto’s IIOT platform to oversee Indian solar assets
The Australia-based global investor—which has over 408 MW of operational solar fleet in India—will use the cloud-based, hardware-agnostic platform to gain insights in real time and improve its 21 solar projects’ performance.
UK’s WiseEnergy bags deal to manage 550MWp Indian solar assets
WiseEnergy will provide asset management services for the four solar plants in Madhya Pradesh and Andhra Pradesh that UK-based equity investor Actis acquired from Indian developer Acme Solar recently.
