The ministry had recently decided to give extra time for the commissioning of power projects that face delays due to the virus outbreak in China New Delhi: India’s solar power industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, renewable energy minister R K Singh has said. […]
China’s CATL aims to raise $2.85 bln for EV battery projects
The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday BEIJING: CATL, China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 […]
Solar power projects delayed by coronavirus in China may get relief
MNRE will give extra time for the commissioning of power projects that face delays due to squeezing of supply lines from China which is facing deadly spread of coronavirus. New Delhi: In a big relief to renewable energy projects, the Ministry of New and Renewable Energy (MNRE) will give extra time for the commissioning of […]
NOVEL CORONAVIRUS IN CHINA AN IMPACT ANALYSIS
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Coronavirus outbreak may impact 3GW Indian solar projects worth ₹16,000 crore
Developers can invoke ‘force majeure’ clause in power purchase aggreement They may choose to implement projects with more expensive modules New Delhi: In what may impact India’ green energy trajectory, around 3 giga watt (GW) of solar projects, worth ₹16,000 crore, could be at risk of penalties for missing their project completion deadline if the […]
Coronavirus to affect business in near term: Sterling and Wilson Solar
“We are constantly evaluating the current situation in China due to the outbreak of coronavirus which will impact our business in the near term,” Bikesh Ogra – Director and Global CEO, Sterling and Wilson Solar Limited said in a regulatory filing. Shapoorji Pallonji group company Sterling and Wilson Solar Limited has said that the outbreak […]
LONGi takes actions in fight against novel coronavirus to guarantee employees’ wellbeing and safeguard production and order fulfillment
China is facing the fight against the novel coronavirus (2019-nCov), believed to have originated from Wuhan, head-on. With President Xi Jinping calling the epidemic “a major test of China’s system and capacity for governance”, China has spared no efforts and resources in this “invisible war”. Since the outbreak, measures like the extension of the […]