Author: Ayush Verma

Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore

Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […]

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IFC to Support India’s Continuum in First Green Bond Offering in Singapore

IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […]

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KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL

VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […]

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SECI Extends Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh

SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage in Leh, Ladakh. The Solar Energy Corporation of India (SECI) has notified that it has extended the bid submission deadline for its tender for the commissioning of a 20 MW (AC) solar PV […]

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Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS

PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […]

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Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd

Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […]

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Perovskites Poised to Disrupt Solar Supply Chains Everywhere: Rethink Tech

Perovskite seems to have been with us for a decade and so far it has not changed anyone’s life, changed the price of solar, or eaten into any company’s profit. And according to a new report, it’s about to. The report finds that Perovskite solar will invade conventional solar in 3 distinct ways, beginning in […]

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Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA

Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […]

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National Hydrogen Energy Mission Document to be Finalised This Month

The draft National Hydrogen Mission document has already gone through the consultation process and is expected to be finalised in February 2021 In the Budget Speech 2021-22, Finance Minister Nirmala Sitharaman proposed to launch a National Hydrogen Mission for generating hydrogen from green power sources. The ministry has now announced that the draft mission document […]

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