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Short-term power prices on the rise

The short-term power price at Indian Energy Exchange continued its improving trend on a yoy basis (January 2021: INR3.18/kWh; January 2020: INR2.86/kWh) with a 17% yoy increase in the traded volumes witnessed in the day-ahead market.

FedEx commits to carbon-neutral operations by 2040

Ambitious plan includes electrifying the global parcel pickup and delivery fleet and establishing the Yale Center for Natural Carbon Capture to advance sequestration solutions.

Kalpataru Power Transmission bags new orders of INR 1,554 crore

The EPC contractor has won orders from India, CIS and Latin America in the power transmission business. Besides, its international subsidiary has secured new power transmission projects in Europe.

Frost & Sullivan and TERI open nominations for the Sustainability 4.0 Awards 2021 in India

The last date to nominate companies that have successfully managed to integrate sustainability into their business is March 31, 2021.

106 MWp of solar power generated by BSES consumers in Delhi

BSES energises 3000 plus rooftop solar net metering connections—highest 1805 residential connections, followed by 665 in educational segment and 554 in commercial.

Vikram Solar strengthens its retail footprint with entry into the state of Telangana

 Vikram Solar’s entry into Hyderabad, Telangana, is aligned to the company’s retail expansion plans of presence across 300+ cities by end of FY2021.

MYSUN launches its asset vehicle, MYSUN+

The new venture will provide on-site and off-site solar energy solutions to Industrial and Commercial clients under the RESCO mode.

Tata Power launches the ‘SOLAROOF’ Campaign 

The campaign informs customers about dual benefits of solar rooftop solutions viz. generating clean energy and enjoying financial savings.

Tigo Energy announces crossing the threshold of 75 GWh of cumulative reclaimed energy

Performance improvement demonstrated in over 18,000 installations for installers like Project Solar UK.

India Ratings upgrades Avaada Solar Energy’s bank loans to ‘IND A-’/Stable

The upgrade reflects the project’s performance in line with Ind-Ra’s projections and the presence of a payment security mechanism for 100% of its offtake capacity.