1. Could you take us through INVT Electric’s power & solar journey? INVT (Shenzhen INVT Electric Co., Ltd) was founded in 2002. It is a product and service provider in the world’s leading and respected industrial automation and energy power field. In 2010, the A-share were listed on the Shenzhen Stock Exchange (Stock Code: 002334). […]
EQ In Exclusive Conversation With Mr. Ibrahim Kadriinamdar, Regional Sales Manager – Solplanet
Please tell us more about your company, and directors in detail Solplanet is a brand of AISWEI, which is formerly known as SMA’s Chinese subsidiary and has successfully been manufacturing high-quality and reliable products for renowned brands like SMA and Zeversolar. Today, AISWEI is a leading R&D and manufacturing company focusing on clean energy. Headquartered […]
EQ In Exclusive Conversation With Mr. Vipin Bhardwaj, Country Manager – India – SolaX Power Network Technology (Zhejiang) Co., Ltd.
Q1.What kind of market do you anticipate in 2023 in terms of Utility / C&I / Residential ? Vipin Bhardwaj : In 2023, we anticipate a dynamic and evolving market in the renewable energy sector in India, characterized by growth across various segments. Here’s a breakdown of our expectations: Utility-Scale Market: We anticipate continued growth […]
EQ In Exclusive Conversation With Mr Rajneesh Khattar, Senior Group Director – Energy & Construction Portfolio, Informa Markets
So far this year the localization of supply chains and manufacturing has been the major topic worldwide for the PV industry. How is this playing out in India? Covid-19 has taught us a hard lesson that dependency on external economies , at times, can become quite tricky. Hence, the momentum of a “Self-Reliant India” has […]
Energy storage projects will increase in India for peaking power tariff tenders: Deepak Thakur, CEO – HES at Sterling and Wilson
He added that the firm will expand its portfolio in integrating storage solutions and is positive that the hybrid market will grow with higher renewable energy penetration into the grid The hybrid and energy storage (HES) division, part of the solar power generation company Sterling & Wilson, was launched in 2018. Deepak Thakur, chief executive […]
Real-time power market will be ideal in dealing with variability and sudden demand surge: Rohit Bajaj, IEX
We had intraday market available but that is about two-and-a-half hour in advance, during which many things are not clear – demand, weather pattern and availability of own resources, said Bajaj New Delhi: The 15-minute power trading window that will be available for companies engaging in spot electricity trade at the Indian Energy Exchange (IEX) […]
Safeguard duty has not been effective: Ranjit Gupta, CEO, Azure Power
We do not believe that the current safeguard duty scheme has been effective and we are wary that the proposed Basic Custom Duty will have much of an impact as well, said Gupta Delhi based solar power producer, Azure Power plans to build about 1 GW of capacity every year over five-years with an investment of $3 – […]
Force Majeure should have built-in relief for incurred costs: Ashish Khanna, MD & CEO, Tata Power Solar and President, Tata Power Renewables
“The entire industry, not just Tata Power Solar is importing Chinese equipment and since we are an EPC contractor, we are importing even for clients” In the current situation of liquidity crunch, the renewable industry is in flux and we don’t foresee people investing in CAPEX right now tells Ashish Khanna, MD & CEO, Tata […]
Tata Power looks to raise $1 billion via asset monetisation
Tata Power is looking to raise $1 billion via asset monetisation over the next 12-18 months to clear its debt. The company is looking to divest from many of its international investments. “We believe that in next 12-18 months we will divest from many of our international investments and we are looking at something like […]
In first resolution for IL&FS group, Japan’s Orix to buy its wind energy assets
Orix Corporation, which already holds 49 percent stake in these seven wind energy SPVs, will buy the remaining 51 percent stake from IL&FS to take 100 percent control. The IL&FS Energy vertical houses over Rs 14,000 crore of the total group debt of over Rs 90,000 crore. The key lenders to these seven wind energy […]