Petition to Stop Proceedings with Regard to Privatization of Electricity in UT, Chandigarh. For more information please see below link:
IREDA Registers Record Profit in Covid Year PBT Jumps by 136%
Public Sector Indian Renewable Energy Development Agency (IREDA) under Ministry of New and Renewable Energy reported an all-time high annual Profit Before Tax (PBT) of 570 crore rupees in the financial year 2020-21 that was severely affected by Covid 19 Pandemic. The PBT of the company was Rs. 241 crores during FY 2019-20. The company […]
$68 Million Hydrogen Industry Mission Fuels Clean and Bright Future
A new Hydrogen Industry Mission launched by CSIRO, Australia’s national science agency, will help support the world’s transition to clean energy, create new jobs and boost the economy. Hydrogen, when mixed with oxygen, can be used as an emissions-free fuel source to generate electricity, power or heat. But it is expensive to turn into a […]
Electric 3-Wheelers Likely to Account for 30% of New Sales by 2025: ICRA
Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as per ICRA. The penetration levels in cars and trucks, however, are likely to remain low in the medium-term The electric two and three-wheelers volume are expected […]
Ford Follows GM, VW With Two New Dedicated EV Platforms by 2025
The all-EV platforms are part of an ambitious multi-year, multi-billion-dollar plan the No. 2 U.S. automaker will outline to investors at its Capital Markets Day in an online event. US-based Ford Motor Company has declared a donation 50 lakh surgical masks, 1 lakh N95 masks and 50,000 gowns to help fight the surge of COVID-19 […]
Hinduja Renewable Wins ‘Best Project Developer of the Year- Captive Projects’
Hinduja Renewables Energy Private Limited (HREPL) wins the ‘Best Project Developer of the Year – Captive Projects’ award. Sudhanshu Kamboj, President- Business Development accepted the award at a virtual event- ‘India National Level Solar eAwards 2020-21’. EQ organized the e-award function for the solar industry of India on May 26, 2021 which was based on […]
COVID-19 Crisis: Sembcorp Industries’ India Unit Donates More Than 400 Oxygen Concentrators
Singapore-based Sembcorp Industries’ India unit has donated more than 400 medical oxygen concentrators to support the nation’s fight with the world’s worst outbreak of coronavirus pandemic. Sembcorp, which has a portfolio of thermal and renewable power plants in India, donated the oxygen concentrators to KVN Foundation, a Bangalore-based non-profit organisation, the company said in a […]
JinkoSolar Tops India Market Again in Q1
Despite COVID-19 and the implementation of lockdowns impacting the sector, India added 3.9GW solar installation in the first quarter of 2021. JinkoSolar is poised to be at the number 1 spot again, with a total shipment of 800MW, accounting for 20 percent of India’s Q1 deployment, according to the latest report published by a leading […]
AFRICA: Opes-LCEF Invests in Solar Kit Providers Munyax and WidEnergy
Solar energy providers Munyax Eco and WidEnergy have just received investments from the Opes-LCEF fund. The funding will enable the two companies, based in Rwanda and Zambia respectively, to cope with the consequences of the Covid-19 pandemic. The funds received by Munyax Eco from Opes-LCEF will help finance its stocks and the expansion of its […]
Discoms’ Outstanding Dues to Gencos Fall 3% to Rs 78,379 Cr in March
Total dues owed by electricity distribution companies to power producers fell 3.4 per cent to Rs 78,379 crore in March 2021 as compared to the year-ago period, showing a reversal of discoms’ growing outstandings. Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in […]
