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FINANCIAL SUBSIDY FOR SOLAR POWER
Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons whyMotilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects ...
Delhi govt launches PM Surya Ghar portal; NDMC clears EVs, Ayush hospital, civic projectsDelhi launched a solar registration portal for rooftop installations and subsidies. The New Delhi Municipal Council approved electric vehic...
A Bangladeshi garment maker is stitching its way through the Middle East energy crunchEnergy shortages are disrupting production at most Bangladeshi garment factories. Buyers are canceling or reducing orders due to these powe...
Government may do away with UPI subsidies as MDR revenue kicks inGovernment may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay trans...
Inox Clean Energy nears Rs 2,500 crore acquisition of Actis-owned Athena RenewablesInox Clean Energy is close to acquiring Athena Renewables from Actis. This transaction is nearing conclusion with an in-principle agreement...
Delhi to fund rooftop solar panels up to 3 kW for 2.25 lakh homesDelhi Chief Minister Rekha Gupta launched a dedicated portal under the PM Surya Ghar Muft Bijli Yojana, offering free rooftop solar panel i...
Dilip Buildcon sells stake in solar portfolio to Alpha AlternativesDilip Buildcon has divested its stake in a 1,363 MW under-construction solar portfolio to Alpha Alternatives. The portfolio has an estimate...
Premier Energies commissions 7 GW solar cell plant in Andhra PradeshPremier Energies commissioned a large solar cell manufacturing facility in Andhra Pradesh. This new plant significantly boosts the company'...
Inox Clean Energy set to buy Actis-owned Athena Renewables for Rs 2,500 croreInox Clean Energy is close to acquiring Athena Renewables from Actis for Rs 2,500 crore. This acquisition will significantly boost Inox's r...
Coal India Limited announces ambitious Business Development portfolio for diversification beyond miningCoal India Limited announced its ambitious business development portfolio on Sunday. This plan focuses on five key platforms for future exp...
In 2020, a three-turbine frame was lowered into New York City's East River; six months later, it had sent 210MWh of tide-made power to the U.S. gridA New York project set a U.S. marine energy record using underwater turbines. These turbines generated electricity from the East River's ti...
Cash-flow-based lending to become important for new-age sectors: SBI MDAs new industries emerge, cash-flow-based lending is poised to play a pivotal role in their growth. With traditional collateral often absen...
10 low-income Rosebud Sioux families got solar panels on their homes; the systems cut their tribal housing authority's electric bill by $8,122 in one yearTen families on the Rosebud Sioux Reservation received cheaper electricity bills from solar panels. The tribal housing authority saved over...
In 2019, the Netherlands tested a 1,312-foot highway noise barrier with two-sided solar panels; it generated 325.5 MWh over 18 monthsDutch engineers transformed highway sound walls into solar power generators. These innovative walls produced significant electricity during...
In hydropowered Bhutan, solar starts to riseBhutan is expanding solar power capacity to meet rising electricity demand. Hydropower faces challenges from low winter river flows and cli...
HSBC raises ACME Solar target price by 15%; stock jumps 5%. Why is the brokerage bullish?ACME Solar shares rose sharply after HSBC raised its target price by 15% to Rs 450 and retained its Buy rating. The brokerage sees signs of...
India approves 18-hour export of power a day to Nepal till year-endIndia has approved exports of up to 654 MW of electricity to Nepal for 18 hours a day until December 31, despite unusually high domestic po...
US finalises levies on solar cell imports from India, Indonesia, LaosThe US Commerce Department has finalised anti-dumping and countervailing duties on solar cells and panels from India, Indonesia and Laos, c...
In 2005, Fight Club star Edward Norton put solar panels on his Los Angeles home; each participating celebrity triggered another free solar system for a low-income familyActor Edward Norton launched an inspiring initiative aimed at providing free solar systems to families with limited financial resources. Co...
Delhi free solar panel scheme: Govt to provide 3 kW rooftop panels at zero installation cost for households using up to 400 units a month; How to applyDelhi free solar panel: Delhi's revised solar policy will provide eligible households using up to 400 units a month with 3 kW rooftop syste...