Lumos is one of at least a dozen solar energy companies that have been competing to help fill Nigeria’s power gap, and COVID-19 has made the need for their services more acute LAGOS: In a hallway in Lagos, Gbemisola Olowokere taps contentedly on her laptop. The 23-year-old says the corner, underneath a sliver of window, […]
COVID-19: India to add only 5,000 MW solar capacity in 2020, says report
The agency, which had earlier projected a capacity addition of 8,500 MW during 2020, expects solar installations to reach nearly 5,000 MW as project timelines are extended and moved to 2021 Mumbai: With project timelines getting extended due to the COVID-19 pandemic, India is expected to add only 5,000 MW of solar capacity in 2020, […]
ACME Solar cancels deal to supply power at record low tariff citing COVID uncertainty
ACME cited land acquisition delays, the coronavirus outbreak and its impact on suppliers of solar cells and modules in China and delay in setting up of transmission networks as reasons CHENNAI: India’s ACME Solar has cancelled a contract with state-run Solar Energy Corp of India (SECI) to supply power at the country’s lowest tariff due […]
Renewable energy should be at the heart of virus recovery plans: IEA
The agency, which had expected 2020 to be a bumper year for green energy, slashed its two-year forecast for growth in renewable capacity by nearly 10 percent Paris: The International Energy Agency on Wednesday called on governments to put clean energy at the heart of their coronavirus economic recovery plans, as it forecast the first […]
Global green energy growth to fall for first time in 20 years: IEA
The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year as energy demand has been reduced across commercial and industrial sectors LONDON: Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but […]
Mexican court provisionally suspends renewable energy plant freeze order
MEXICO CITY: A Mexican judge has provisionally suspended an official order that froze the opening of new renewable power plants and sparked complaints from some of Mexico’s main allies, including the European Union, judicial sources said on Tuesday. In a decision dated May 18 and seen by Reuters, the judge said the April 29 […]
US overtakes China as most attractive country for renewables investment: research
US growth was largely due to a short-term extension of a production tax credit for wind projects and plans to invest $57 billion to install up to 30 gigawatts (GW) of offshore wind by 2030, the report said LONDON: The United States has overtaken China as the most attractive country in the world for renewables […]
Trump administration ends two-year rent holiday for solar and wind projects
Amid these tough times of coronavirus, the Trump administration has decided to end the two-year rent holiday for solar and wind projects that are operating on federal lands. The US government has handed these projects huge retroactive bills, which the corporations were not expecting. “The bills came as a surprise,” Shannon Eddy, executive director of […]
U.S. solar industry sheds five years of job growth amid the coronavirus
U.S. solar industry sheds five years of job growth amid the coronavirus NEW YORK: The United States has shed more than 65,000 solar energy jobs in the coronavirus pandemic, industry leaders said on Monday, reversing five years of job growth in a field aimed at reining in climate change. The steep losses were mostly among […]
Govt extends Central Electronics bid deadline to June 15
Govt extends Central Electronics bid deadline to June 15, 2020 Corrigendum for extension of last date of EOI for strategic disinvestment of CEL extended upto 15.06.2020 For more information please see below link: