Talettutayi Solar Projects Three Private Ltd has emerged as the lowest bidder in an auction conducted by Solar Energy Corporation of India, quoting a tariff of Rs 2.87 per unit on Tuesday. “Out of the 250 MW solar energy projects on the block, Talettutayi Solar bagged 50 MW at a tariff of Rs 2.87 per […]
Japan drags India to WTO over import duties on certain electronic goods
Japan has dragged India to the World Trade Organisation (WTO) over the import duties imposed on certain electronic goods, according to the global trade body. Japan has accused India of “continuously and systematically” raise import duties on these goods after announcement of ‘Make in India’ campaign in September 2014, according to a communication released by […]
Mercedes want to abandon combustion engines by 2039
German giant Mercedes-Benz said Monday it wants to stop selling traditional combustion engine cars by 2039 and plans for its new vehicles sold worldwide by that time to be carbon-neutral. “We aim to have a carbon-neutral new passenger car fleet in 20 years,” said Ola Kallenius, current head of Mercedes research, who is to succeed […]
Embassy Office Parks REIT raises Rs 3,000 cr via debentures
Embassy Office Parks REIT, India’s first listed real estate investment trust, has raised Rs 3,000 crore through private placement of debentures mainly to repay debt. Embassy Office Parks, a joint venture between global investment firm Blackstone and realty firm Embassy Group, is a leading developer of commercial real estate. It launched the country’s first real […]
ZunRoof raises USD 1.2 million
Rooftop solar solutions provider ZunRoof has raised USD 1.2 million (around Rs 8 crore) from Godrej family office to fund expansion plans and strengthen product portfolio. ZunRoof said the funding comes at an integral time for the company, which is working towards fulfilling the government’s target of achieving 40 GW of rooftop solar by 2022. […]
Coffee compound may boost solar cells performance
Caffeine — a chemical found in tea and coffee — can help make traditional silicon solar cells more efficient at converting light to electricity, a study has found. The research, published 25 in the journal Joule, may enable this cost-effective renewable energy technology to compete on the market with silicon solar cells. The idea began […]
M&M to deploy 50 electric vehicles on Uber platform
Automaker Mahindra & Mahindra Ltd Thursday announced the deployment of 50 of its Electric Vehicles (EVs) to Uber, an on-demand ride-sharing company, to provide zero emission mobility here. Earlier, Mahindra had announced its collaboration with Uber to explore the deployment of electric vehicles (EVs) on its platform in several cities across the country. To begin […]
Jamia faculty receives award from Swiss company for smart solar inverter model
The faculty of Jamia Millia Islamia’s electrical engineering department has won an international award for their ‘smart solar inverter’ model, the varsity said. The research group has won an award worth Rs 20 lakh from Switzerland based world reputed company Typhoon HIL, incharge of the Advance Power Electronics Research Laboratory, Department of Electrical Engineering, Jamia […]
MP govt invites bids for 25 MW rooftop solar projects
Madhya Pradesh government Tuesday said it has invited bids for 25 MegaWatt (MW) rooftop solar projects for industrial units in the state. The tenders have been invited by state-owned Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) and the last day to submit financial bids is May 10, 2019. “Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) […]
Waaree Energies to enhance solar PV capacity
Relieved from safeguard duty on solar imports from China and Malaysia, domestic solar PV makers are planning to enhance capacity. Country’s largest solar PV maker, Waaree Energies Ltd said it will increase its solar PV capacity to 2000MW from 1500MW, Waaree Sr VP Nitin Kapadnis said Tuesday. The company has its own manufacturing facility in […]