In Short : Tamil Nadu has implemented a 3.16% power tariff hike from July 1 under its multi-year tariff policy. However, domestic users, MSMEs, and farmers are shielded from the impact, with the state absorbing ₹519.84 crore in subsidies. The increase applies to commercial and institutional users, along with higher miscellaneous charges, aiming to maintain […]
In Short : India is rapidly adopting Battery Energy Storage Systems (BESS) to enhance renewable energy integration and grid stability. Government initiatives, private investments, and advancing battery technologies are driving growth. As solar, wind, and EV adoption rise, BESS is becoming essential for energy security and sustainability, positioning India as a key player in the […]
In Short : US policy changes in trade, investment, energy, and security significantly impact Asia-Pacific growth. Shifts in tariffs, climate strategies, and technology restrictions affect trade and innovation. Military policies influence regional stability, while changes in migration rules impact labor markets and remittances. These adjustments create challenges and opportunities, shaping the economic and geopolitical dynamics […]
Impact of the Temporary Output Curtailment by Kyushu Electric Power Canadian Solar Infrastructure Fund, Inc. (the “Fund” or “CSIF”) hereby provides further update on the impact of the temporary curtailment (the “Curtailment during the Month”) on renewable energy output conducted by the Kyushu Electric Power Transmission and Distribution Co., Inc. (“Kyushu Electric”) in February 2022 […]
The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business Bengaluru: ABB India has posted a profit after tax of Rs 66 crore during the […]
On 8 April, GWEC hosted a Webcast with key stakeholders from China’s wind industry to discuss the impact that the COVID-19 crisis had on the Chinese wind market and how the industry is recovering. This was the first Webcast of GWEC’s Wind Industry & COVID-19 Response Hub, with participation from Qin Haiyan, Secretary General at the Chinese […]