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Home2022November

Month: November 2022

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Projects

PTC India receives offers of 3,500 MW of renewables against request for 1,000 MW

November 9, 2022

PTC India has announced that in response to its expression of interest (EOI) for procurement of 1,000 MW for onward sale through market-linked renewable energy products, it has received offers for supply of 3,500 MW […]

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Financings

KKR to invest $400 million in Serentica Renewables

November 9, 2022

KKR and Serentica Renewables have signed definitive agreements under which KKR will be investing $400 million in Serentica Renewables. KKR stated that the investment was made as part of its Asia Pacific infrastructure strategy.  Recently […]

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International News

Microsoft signs wind PPA with Potentia and Greengate in Canada

November 9, 2022

Microsoft has partnered with Potentia and Greengate on the Paintearth Wind project in Canada under a power purchase agreement (PPA). Microsoft will purchase approximately 543 GWh of renewable energy per year from the wind facility […]

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International News

Sandbrook Capital acquires a majority stake in Havfram

November 9, 2022

Sandbrook Capital, a private investment firm, has purchased a large position in Havfram, a Norwegian offshore wind services firm. In addition to purchasing a stake, Sandbrook Capital has committed a $250 million investment to assist […]

Up and coming

Prescinto Technologies: Building an efficient SaaS platform for clean energy projects

November 9, 2022

Founded in 2016 by Puneet Singh Ja­ggi, Prescinto Technologies Private Limited works on building software that enables clean energy companies to extract the full potential of their assets. The company’s co-founders are Sanjay Bh­a­sin and […]

Data & Statistics

Transmission Statistics: Growth in line length and transformer capacity

November 9, 2022
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uncategorized

Power Supply Position: Energy and peak requirement during 2021-22

November 9, 2022
World View

Towards a Greener Mix: Mexico’s new policy focuses on clean power generation

November 9, 2022

Mexico is working towards making its power network clean, efficient and resilient. Under its Plan Nacio­nal de Desarrollo (PND) 2019-2024 or National Development Plan 2019-2024, the country envisages promoting sustainable development by involving communities in […]

Solar Power

Right Direction: Policy interventions needed to tap the true potential of distributed renewables

November 9, 2022

The energy sector for any developing nation acts as a backbone for holistic socio-economic growth. Since the Paris Agreement in 2015, the renewable energy sector has been one of the critical sectors in India, being […]

Ezine Archive

November Issue 2022

November 8, 2022

November Issue 2022

Expert Take

Promising Prospects: Residential rooftop solar’s vast untapped potential in India

November 7, 2022

Harvesting solar power is one of the most eco-friendly and cost-effective methods of electricity generation. While India has made great strides in utility-scale solar electricity generation, residential rooftop solar generation has so far been underwhelming. […]

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Policies and Programmes

MNRE rolls out its Waste to Energy Programme

November 7, 2022

The Ministry of New and Renewable Energy (MNRE) has rolled out its Waste to Energy Programme under the umbrella scheme of National Bioenergy Programme for the duration of financial year 2021-22 to 2025-26. The budget […]

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Projects

Epsilon sign MoU with Karnataka government for battery manufacturing facility

November 7, 2022

Epsilon Advanced Materials, a completely owned division of Epsilon Carbon Private Limited has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 90 billion for a 10-year period for the […]

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Financings

SolarSquare raises Rs 1 billion in a funding round

November 7, 2022

SolarSquare, a B2C solar products startup has raised Rs 1 billion in Series A funding led by Elevation Capital and LowerCarbon, billionaire venture investor Chris Sacca’s climate-tech fund. The company stated that it intends to […]

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Projects

Servotech bags project to install EV chargers by BPCL

November 7, 2022

Bharat Petroleum Corporation Limited (BPCL) has awarded Servotech Power Systems Limited with a massive project to supply and install 800 units of DC fast EV chargers. These chargers will be installed across various locations across […]

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International News

Microgrid to deploy one of North America’s largest flow batteries

November 7, 2022

A California microgrid project that will eventually hold one of the largest flow batteries in North America is currently under construction. The Viejas Band of Kumeyaay Indians in Alpine, California, will receive long-term energy storage […]

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International News

Germany, Egypt sign renewable hydrogen partnership

November 7, 2022

Germany and Egypt have decided to step up their partnership by signing a declaration of intent for the production of green hydrogen ahead of the COP 27 climate summit. This should provide an opportunity for […]

Data & Statistics

Tender Results: Winners of recent capacities auctioned

November 7, 2022
Data & Statistics

Tender Update: Recent issues and bid extensions

November 7, 2022
battery energy storage

Aiming High: Creating a domestic battery manufacturing ecosystem

November 7, 2022

India, along with the rest of the world, is rapidly moving towards renewable en­ergy integration. Owing to India’s ambitious 2030 targets, enabling the integration of renewables on a large scale would require grid stability, which […]

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