Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) auction for 500 MW of solar projects (Phase XIII) saw successful bids from four parties at the same tariff of Rs 2.29 per unit. The winners in this auction […]
The Ministry of New and Renewable Energy (MNRE) has granted an additional three month time-extension in the scheduled commissioning date (SCD) of wind power projects. The extension accounts for delays due to supply chain disruptions […]
Green hydrogen has become a key priority area for governments and industries worldwide owing to the transforming energy landscape and the demand for cleaner fuels that ensure energy security. Significant development has been witnessed in […]
Vikram Solar Limited, one of India’s leading module manufacturers, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). According to a company statement, the Initial Public Offer (IPO) […]
Vikram Solar Limited (“VSL” or the “Company”), one of India’s largest module manufacturers, in terms of operational capacity, producing solar photo-voltaic (“PV”) modules (Source: CRISIL), and also an integrated solar energy solutions provider offering engineering, […]
Weather-related information is essential for day-to-day energy management as well as planning and maintenance of generation, transmission and distribution assets. Extreme events such as cyclones, floods and thunderstorms often have severe consequences for the electrical […]
Climate change and decarbonization objectives are driving governments and investors to consider clean energy investing. But do investments in clean energy make financial sense? This is the question that a series of joint publications by […]
The Ministry of Power (MoP) has clarified that energy storage systems (ESS) can be used either on standalone basis or in complimentary with generation, transmission and distribution. ESS shall be accorded status based on its […]
The Ministry of Power (MoP) has released amendments to the guidelines for tariff-based competitive bidding process for procurement of round-the-clock (RTC) power from grid-connected renewable energy projects complemented with power from any other source of […]
SunSource Energy has announced the successful commissioning of the first phase of its 45 MWp open-access project in Shivala Kalan village of Uttar Pradesh. Upon being fully commissioned, the project is expected to be one […]
Union Minister Nitin Gadkari inaugurated Toyota Mirai, a hydrogen-based advanced fuel cell electric vehicle (FCEV) at an event in New Delhi. The minister stated that this is a first-of-its-kind project in India that aims to […]
ArcelorMittal and the Greenko Group have entered into a strategic partnership to construct a round-the-clock 975 MW nominal solar and wind project. The project entails an investment of $600 million. It is expected to be […]
Ola Electric has invested in StoreDot, an extreme-fast charging EV battery developer based in Israel and has planned to set up a cell gigafab in India. With the investment, Ola Electric will gain access to […]
March Issue 2022
Adani Green Energy Ltd (AGEL) has extended its construction financing framework to $1.64 billion by raising a $288 million facility for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading […]
Solar plus green hydrogen could be the future of India, and with it, India could finally become an energy-abundant nation and a potential exporter as well, said Dr Rajiv Kumar, Vice Chairman, NITI Aayog. He […]
This is an extract from a recent report titled “The Future of Renewable Hydrogen in the European Union” by the Belfer Center for Science and International Affairs, Harvard Kennedy School. Hydrogen Supply and Demand EU […]
Key View – We expect to see over 1,800 GW of new non-hydropower renewable capacity come online over the coming decade, a significant increase against our previous 10 year forecast of 1,400 GW. – Growth […]
The International Finance Corporation (IFC) will finance a 600 MW solar power park that is coming up in the state of Uttar Pradesh. TUSCO, a joint venture between THDC India and the Uttar Pradesh New […]
Greaves Retail has established a strategic relationship with Bounce Infinity to supply battery switching stations for Greaves Electric Vehicles (EV). Greaves Retail is the first company to join the Bounce Infinity battery-swapping network as a […]
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