India Ratings and Research (Ind-Ra) has withdrawn the rating of Solar Edge Power and Energy Private Limited’s short-term bridge facility, as follows: Instrument Type Date of Issuance Coupon Rate (%) Maturity Date Size of Issue (million) Rating Rating Action Short-term bridge facility – – 6 October 2021 INR6,141 WD Withdrawn KEY RATING DRIVERS Ind-Ra is […]
Imagine an electric grid powered by clean, renewable energy. Now imagine that this grid provides all the comfort and convenience consumers have come to expect as well as grid reliability and resiliency services that are similar to—or better than—conventional plants. That is the promise of the FlexPower project. With support from the U.S. Department of […]
The demand in the first 20 days of August 2021 also shot up by 17.52 per cent to reach 84.5 BU from 71.9 BU in the year-ago period. New Delhi : All India energy demand recovered by 11 per cent to 124.8 billion units in July 2021, on account of stabilising economic activities and decline […]
New Delhi : All India energy demand recovered by 11 per cent to 124.8 billion units in July 2021, on account of stabilising economic activities and decline in COVID-19 cases, according to India Ratings. In July 2020, India”s demand for power was 112.4 billion units (BU), the rating agency said in its August 2021 edition […]
Air pollution can reduce the life expectancy of Indians by nine years, says a report by a US research group. The study says 480 million people in northern India face the “most extreme levels of air pollution in the world” and, over time, these high levels have expanded to cover other parts too. Strong clean […]
Scientists at The Australian National University (ANU) have produced a more efficient type of solar cell, using laser processing and setting a new world record in the process. The solar cells are dual sided, meaning both the front and back of the cell generate power. Principal Investigator Dr Kean Chern Fong said the so called […]
The recent extreme weather events around the world — from floods to wildfires — have resulted in tragic loss of human life, and caused damage to factories and farmlands, halting transportation networks and causing power outages. These impacts have shown that companies and investors may not be well prepared for the unprecedented risks driven by […]
India Ratings and Research (Ind-Ra) has taken the following rating actions on ACME Jaisalmer Solar Power Private Limited’s (AJSPPL) instruments: Ind-Ra has also affirmed an unsupported rating of ‘IND BBB-’/Negative for the same amount and maturity, in compliance with the Securities Exchange Board of India’s circular dated 13 June 2019, which requires credit rating agencies […]