Editorial
April 2023
India aims to have 50 per cent share of non-fossil fuel based power in its total installed power capacity mix by 2030. Further, the government is working towards installation of a total of 500 GW […]
Month: April 2023
World View
OWT Support: The UK launches GBP 100 million scheme for coordinated development
The UK is making efforts towards achieving its ambitious 2030 offshore wind (OSW) goal of 50 GW in order to meet its long-term net zero targets. The UK government’s Department for Energy Security and Net […]
International News
Albras signs agreement to purchase solar power from Atlas
Atlas Renewable Energy, a US renewable energy company, has reached a 21-year power purchase agreement (PPA) with Brazilian aluminium producer Albras to supply solar power. Atlas will supply the energy from the 902 MWp Vista […]
International News
GE to upgrade 500MW Porabka Zar pumped hydro storage plant in Poland
GE Renewable Energy has secured a contract from PGE Odnawialna in Poland to replace four 125 MW pumped turbines and generators at Porabka Zar pumped hydro storage plant. GE Hydro Solutions will design, manufacture and […]
Financings
DLF acquires stake in Suncloud Solar for self-consumption
DLF Cyber City Developers has collaborated with Cleantech Solar India to set up a solar plant for self-consumption. The company, with its subsidiary, DLF Info City Chennai, has agreed to acquire a 26.43 per cent […]
Financings
Tata Power Solar and Credit Fair collaborate for rooftop solar financing solutions
Credit Fair, India based consumer lending fintech firm has partnered with Tata Power Solar Systems Limited (TPSSL) to provide cheap financing alternatives for solar rooftop installations. Credit Fair will provide collateral-free financing solutions with adjustable […]
Projects
BHEL announces its green hydrogen plans
Bharat Heavy Electricals Limited (BHEL) announced its venture in the green hydrogen segment. The company intends to hire a business consultant to help it capitalise on possible prospects in electrolyser production and the green hydrogen […]
Projects
Amp Energy bags solar project from L&T Metro Rail (Hyderabad)
Amp Energy India has inked its second solar project with L&T Metro Rail (Hyderabad) Limited, a public-private partnership project between the government of Telangana and infrastructure major Larsen & Toubro Limited. This project has a […]
Knowledge Bank
Assessing India’s CO₂ Storage Potential: Report
This study estimates the theoretical CO₂ sequestration potential in different geological formations in India, considering above-ground constraints such as no-go zones and population density. It provides policy recommendations to accelerate the exploration and development of […]
Finance
Asset Consolidation: NTPC transfers its renewable energy assets to NGEL
In a key development, NTPC Limited has closed the transactions for consolidating its renewable energy portfolio into one entity, NTPC Green Energy Limited (NGEL). This move aligns with NTPC’s plans to transfer its entire renewable […]
Expert Take
Role of recycling for resilient solar photovoltaic supply chains
By Saloni Sachdeva Michael is an energy analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) As the world decarbonises, the shift towards clean energy highlights new energy security dependencies, the risks associated […]
Women in Clean Energy
RW Roundtable on Women in Clean Energy
India has embarked on an energy transition journey in the background of its ambitious climate commitments. It is imperative that this transition be gender inclusive to bring in the transformational shift required to achieve the […]
International News
PASH sets up 5 GW green hydrogen platform with ERIH Holdings
PASH Global, a clean projects investor and developer based in the UK, has agreed to set up a joint venture (JV) with renewables investor ERIH Holdings to construct green hydrogen and ammonia production projects totaling […]
International News
Greenvolt and Bluefloat partner to construct floating wind projects off the Portugal coast
Greenvolt, a renewable energy firm, has teamed up with Bluefloat Energy to construct offshore wind projects off the coast of Portugal. The agreement will combine the local development and permission expertise of Greenvolt with the […]
Financings
Avaada Group raises $1 billion funding
Avaada Group announced that it has raised $1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing $ 1.3 billion fundraise plan. Brookfield Renewable, through its […]
Financings
Ohmium closes $250 Million Series C fundraise led by TPG Rise Climate
Ohmium International announced the closing of a $250 million Series C growth equity financing. The round was led by TPG Rise Climate, a dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise. […]
Regulations
HERC notifies Green Open Access Regulations
According to the Green Energy Open Access Regulations, 2023, users in Haryana with a contracted demand or sanctioned load of at least 100 kW will be eligible for Green Energy Open Access with no limit […]
Policies and Programmes
MoP finalises the revised framework of Day-Ahead National level Merit Order Dispatch Mechanism
The Ministry of Power has finalised a revised structure of Day-Ahead National level Merit Order Despatch Mechanism with a view to lower the overall cost of electricity generation, which will translate into lower electricity prices […]
Company Release
Gautam Solar Supplies high efficiency 10BB Mono Solar Panels to power Bhopal Airport
Gautam Solar, a leading solar panel manufacturer and provider of sustainable energy solutions, has successfully supplied 10BB Mono Half-Cut Solar panels for a solar power plant at Raja Bhoj International Airport (Bhopal Airport) in the […]
World View
Power Plans: Egypt intensifies its efforts to become a regional energy hub
Egypt has recently intensified its efforts to transform itself into a regional energy hub, exchanging electricity with the Arab, African and European countries. Having hosted the 27th Conference of Parties (COP27) of the United Nations […]