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SunPower Halts All Global Manufacturing, Cuts Employee Workweek

The stoppage does not affect SunPower’s plan to spin off its manufacturing arm, called Maxeon Solar Technologies, by the middle of the year. SunPower on Monday announced a pause on its global manufacturing and work cutbacks for all other employees, while further reducing executive salaries. A filing with the Securities and Exchange Commission detailing the […]

India hydro potential – EQ

Indonesia’s state utility cuts 2020 revenue target by nearly 15 per cent on coronavirus woes

Electricity demand in the world’s fourth most populous country has declined because of efforts to curtail the spread of the coronavirus that has shuttered some businesses and required residents to stay indoors JAKARTA: Indonesia’s state electricity company, Perusahaan Listrik Negara (PLN) cut its 2020 revenue target because the coronavirus outbreak is expected to cut power […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Covid-19 Pandemic: 150 GW renewable energy projects at risk in Asia Pacific

If the coronavirus outbreak evolves into a financial crisis, funding may be harder to secure, leading to reduced competitiveness of renewables. New Delhi: Up to 150 Gigawatt (GW) of wind and solar power projects across the Asia Pacific could be delayed or cancelled over the next five years (2020–24) if the coronavirus-led recession extends beyond […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Punjab Govt has directed PSERC to reduce RPO by 1.5% for FY19-20, 2.0% for FY20-21

PSERC issued notice for public views Public Notice inviting Objections/ Comments/ Suggestions of General Public and Stakeholders regarding directions issued by Government of Punjab under section 108 of the Electricity Act, 2003 to the Commission vide letter No. 01/04/2020-EB(PR)/ 185-186 dated 07.04.2020 and the letter has been taken on record as petition No. 12 of […]

Inviting Comments/Suggestion on the draft STU’s Procedure for Grant of Long/medium Term Green Energy Open Access – EQ

MNRE Grants Extension for RE Projects considering disruption on account of lockdown due to COVID-19

  MNRE Grants Extension for RE Projects considering disruption on account of lockdown due to COVID-19 for a period of 30 Days beyond lockdown; Lockdown due to COVID-19 to be treated as Force Majeure Ministry of New and Renewable Energy (MNRE) has said that the Renewable Energy implementing agencies may grant extension of time for […]

India hydro potential – EQ

Daimler teams up with Volvo in 1.2-bn-euro deal to make hydrogen batteries

The joint venture between the two, valued at 1.2 billion euros ($1.3 billion), is “a milestone in bringing fuel cell powered trucks and buses onto our roads,” said Daimler Truck chairman Martin Daum. FRANKFURT AM MAIN: Daimler and Volvo Trucks have agreed to join forces to develop, produce and sell fuel cell systems for heavy-duty […]

EVE Begins Construction on Its Battery Production Plant in Hungary – EQ Mag

Coronavirus to hurt up to 3 GW of wind, solar projects in Australia

Up to 3 GW of wind and solar projects in Australia could be delayed or even scrapped following the COVID-19 health crisis and its impact on the local economy, Norwegian consultancy Rystad Energy says. The energy analyst explained in a recent report that the coronavirus pandemic has hit the local currency and thus increased capital […]

Role of prosumers in renewable energy adoption in India – EQ