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CERC Admits Solar Firms’ Plea Over Transmission Delay Losses

Firms seek compensation as transmission delays hit project revenues and test accountability in India’s renewable push Central Electricity Regulatory Commission (CERC), India’s federal power regulator, has admitted petitions filed by two renewable energy developers seeking compensation for financial losses caused by delays in transmission infrastructure, Reuters reported. The outcome could set a precedent for renewable […]

ACME Solar Earns Highest-ever Credit Rating From Icra

This rating upgrade is expected to help ACME Solar reduce its cost of debt across the company and its subsidiaries ACME Solar Holdings has been assigned an “ICRA AA-/Stable” rating for its long-term non-fund-based bank facilities. This has been the highest rating the company has received so far from any credit rating agency. As per […]