Author: Chitrika Grover

Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA

International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […]

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SGEL Invites Bids For 400 MW MSEDCL Solar Projects Across Maharashtra

SJVN Green Energy (SGEL) has invited online bids through an open tender, for 400 MW MSEDCL solar project across Maharashtra. These bids were invited on a single stage two envelope format. It included envelope-I: techno-commercial bid and envelope-II: price bid. SGEL project is to be undertaken with reverse auction for the balance of system (BoS) package including power evacuation. […]

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MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI

Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […]

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Green Stocks In Green: Sterling and Wilson Renewables Surges To 52-Week High

Shares of almost all the clean energy firms witnessed a jump albeit minor. To begin with, shares of Sterling and Wilson Renewable did see a minute increase in its prices which attained the level of 52-week high price. Waaree Renewable Technologies Ltd on the other hand had a 5 percent increase and so does KPI […]

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GWEC Elected Girish Tanti Vice-Chair Of Board At Abu Dhabi

Girish Tanti, Vice Chairman of the Suzlon Group, has been elected Vice-Chair of the Global Wind Energy Council (GWEC) at the annual board meeting, held in Abu Dhabi this year. With nearly 30 years of global renewables business experience, he has lived and worked across Europe, USA and Asia. As co-founder of Suzlon, he incubated […]

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TPSSL, Indian Bank Tie-Up To Support PM Surya Ghar Muft Bijli Yojana

Tata Power Solar Systems Limited (TPSSL), established its strategic partnership with the Indian Bank through which it aims to support solar rooftops adoption among residential consumers.  TPSSL a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) partnered with the Indian company to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme. Through this partnership, […]

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India Overtakes China As Largest Three-Wheelers EV Market: IEA

International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […]

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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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News In Brief April 23- KP Green Energy, Globeleq, Maxeon

K.P Energy Gets 9MW Wind Project From Bhathwari Technologies Gujarat based K.P. Energy Limited recently received a new order for development of 9MW wind power project as part of wind-solar hybrid power project for captive consumption.This project was awarded by Bhathwari Technologies Private Limited to the company under captive power project (CPP) segment. The project […]

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