Venezuela Sends Crude to India in New Deal
Wedoany.com Report-Dec 23,A high-seas oil tango is back on between Venezuelas state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by U.S. sanctions. Thi...
India to Surpass China as Leading Contributor to Global Oil Consumption Growth in 2024, 2025
Wedoany.com Report-Dec 23,India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growth from 1998 to...
Waaree Starts Solar Module Production at Its USA Facility
Wedoany.com Report-Dec 23,Waaree Solar Americas has started trial production of PV modules at its facility in Texas. The facility is set to fully commission its Phase-1 manufacturing capacity of 1.6 G...
Transocean Drillship Gets $111 Million to Stay Longer at Drilling Gig Offshore India
Wedoany.com Report-Dec 21,Switzerland-based offshore drilling contractor Transocean has secured a multi-well contract extension for one of its drillships off the coast of India. Reliance Industries hi...
Indian Solar Cells Costs More Than Chinese Imports, Says Crisil
Wedoany.com Report-Dec 20,India’s domestically manufactured solar cells cost 1.5 to two times more than Chinese imports, even after customs duties, says CRISIL Market Intelligence and Analytics....
Gensol Engineering Secures 22 MW C&I Solar PV Project in Punjab
Wedoany.com Report-Dec 19, Gensol Engineering Ltd has secured a 22 MW ground-mount solar PV project with an order value of INR 88 crore from a steel company in Punjab. Gensol Engineering Ltd announced...
India to Mandate Energy Storage for Photovoltaic, Wind Power Projects
Wedoany.com Report-Dec 19,India’s Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind projects. ...
Federal Bank, Ecofy Partner on Financing for MSME Rooftop Solar
Wedoany.com Report-Dec 19, The co-lending program targets financing 3,600 kW of rooftop solar installations annually, benefiting numerous micro-, small and medium-sized enterprises (MSMEs). Federal Ba...
Coal India Ltd Launches 1 GW Solar EPC Tender
Wedoany.com Report-Dec 19,Coal India Ltd has invited EPC bids for its 1 GW solar power project planned in Rajya Vidyut Utpadan Nigam Ltd’s solar park in Rajasthan. Bidding closes on Jan. 2. Coal...
ALMM Cell Mandate Will Drive Up Capital Cost for Solar Developers, Says Crisil Report
Wedoany.com Report-Dec 19,The prices of domestically manufactured solar cells are 1.5-2 times more than alternatives from China even after basic customs duty. Such high prices can drive up the capital...