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Home2022January

Month: January 2022

Policies and Programmes

MNRE approves infusion of Rs 10 billion in SECI

January 31, 2022

The Ministry of New and Renewable Energy has approved an equity infusion of Rs 10 billion in Solar Energy Corporation of India Limited (SECI). According to the government, the funding will enable SECI to publish […]

Miscellaneous

Talesun Solar to supply 250 MW of its bifacial modules to Clean Solar Power

January 31, 2022

Talesun Solar, a PV module manufacturer, has signed a 250 MW PV module supply agreement with Clean Solar Power (Bhainsada) Private Limited, an Indian renewable energy company. As per the tender guidelines, Talesun Solar will […]

Interviews

Sustainable Financing: Challenges and benefits of ESG reporting for companies

January 31, 2022

The growth of sustainable infrastructure finance, including the increasing array of financial products, has att­ra­cted the at­­tention of various stakeholders given its po­tential to deliver financial re­­­tu­r­ns, align wi­th societal values, and co­ntri­bute towar­ds sustainability […]

Financings

ReNew Power sells 138 MWp of its portfolio to Fourth Partner Energy

January 29, 2022

ReNew Power has sold 138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, a rooftop solar energy company, for Rs 6.72 billion.  As per a company statement, after accounting for an outstanding […]

Knowledge Bank

Banking on Electric Vehicles in India

January 28, 2022

The Reserve Bank of India’s Priority Sector Lending (PSL) guidelines require scheduled banks to allocate 40 percent of their total credit to sectors of national priority. Including EVs as a priority sector has the potential […]

Interviews

Interview with Srivatsan Iyer: “We hope to see clear policy interventions”

January 28, 2022

India’s renewable energy market is evolving, with the focus shifting from just utility-scale stand-alone wind and solar projects to round-the-clock power, green hydrogen, C&I solar, energy storage and manufacturing. Faced with these changing market dynamics […]

Company Release

Sungrow Energizes Beijing 2022 Winter Olympic Games with Clean Power

January 28, 2022

Beijing, China, Jan. 28, 2022 — Sungrow, the global leading inverter solution supplier for renewables, announced the Company supplied string inverter solutions to the PV plant installed on the rooftop of the National Speed Skating […]

Miscellaneous

L&T and HydrogenPro partner for manufacturing hydrogen electrolysers in India

January 28, 2022

Larsen & Toubro (L&T) has signed a MoU with HydrogenPro AS, a company based in Norway, for a joint venture to tap the growing green hydrogen market. Under this agreement, L&T and HydrogenPro will collaborate […]

Miscellaneous

RenewSys expands solar encapsulant capacity to 3 GW

January 27, 2022

RenewSys has announced that its annual solar cell encapsulant manufacturing output has reached 3 GW with the recent commissioning of a new encapsulant line at its Bengaluru facility. Ethylene-vinyl acetate and polyolefin elastomer sheets can […]

Projects

NTPC floats tender for 720 MW of wind projects

January 27, 2022

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Limited, has issued a request for proposals for the development package (Balance of System with Land) of ISTS-connected wind energy projects with a capacity of up to […]

Interviews

Mission 500 GW: Energy experts discuss the COP26 target

January 27, 2022

A key point of discussion, currently, in India’s renewable energy sector is the new targets announced at COP26 for installing 500 GW of non-fossil fuel energy capacity and sourcing 50 per cent of energy requirement […]

No Picture
Company Release

L&T signs MoU with HydrogenPro for manufacturing Hydrogen Electrolysers in India

January 27, 2022

Mumbai/Porsgrunn, 27 January 2022:  Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, today announced it has entered a Memorandum of Understanding (MoU) with HydrogenPro AS (OSE: HYPRO), a […]

No Picture
Company Release

NITI Aayog urges India to adopt EVs for clean mobility with the launch of the Shoonya campaign

January 27, 2022

  NITI Aayog, RMI and RMI India launched the Shoonya ad campaign to accelerate EV adoption in India Link to the campaign video: https://www.youtube.com/watch?v=skIWR4QCRfo The campaign draws similarities between the contributions of Aryabhatta’s Shoonya to […]

Projects

NTPC issues a request of proposal for 3,000 MWh of energy storage

January 25, 2022

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Limited, has issued a request for proposals from developers to build interstate transmission system (ISTS)-connected energy storage systems with a capacity of 3,000 MWh and a minimum […]

Taking the IPO Route
Financings

RNESL to acquire Faradion Limited for £100 million

January 25, 2022

Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has entered into a definitive agreement to acquire Faradion Limited’s entire shareholding for £100 million. RNESL will also invest £25 million […]

Policies and Programmes

CCEA approves infusion of Rs 15 billion in IREDA

January 25, 2022

The Cabinet Committee on Economic Affairs has approved a Rs 15 billion equity infusion in Indian Renewable Energy Development Agency Limited (IREDA). This equity infusion is expected to contribute to the creation of about 10,200 […]

Policies and Programmes

Power and new and renewable minister reviews progress of solar rooftop scheme

January 25, 2022

The union minister of power and new and renewable energy has reviewed the progress of the rooftop scheme and given directions for simplifying the scheme, so that the people are able to access it easily. […]

No Picture
Company Release

Airtel strengthens its green energy footprint with the commissioning of 21 MW solar power unit in Maharashtra

January 25, 2022

The captive unit will supply clean energy to Airtel’s data centers and switching centers in the State and lead to reduction in carbon emissions by 25,517 tonnes annually New Delhi, January 25, 2022: Bharti Airtel (“Airtel”), India’s premier communications solutions […]

No Picture
Company Release

NIIF Backed Ayana Renewable crosses 1 GWac Operational Portfolio mark

January 25, 2022

Ayana Renewable Power Private Limited (“Ayana”), a renewable energy platform majority controlled by National Investment and Infrastructure Fund (“NIIF”), today announced that its portfolio has crossed 1 GWac of operational renewable energy capacity. With an […]

Projects

BMC to set up hybrid power station at Middle Vaitarna Dam

January 24, 2022

The Brihanmumbai Municipal Corporation (BMC) and Vaitarna Solar Hydro Power Genco Private Limited, a joint venture of Mahalaxmi Konal Urja Private Limited and Shapoorji Pallonji have signed a MoU on power generation and purchase from […]

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Solar Module Manufacturers in India

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