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March 23rd, 2022
PROJECT/ TENDER
India, Japan Partner for Electric Vehicles, battery storage, Biofuels, Green Hydrogen
Taking cooperation for net zero carbon emissions to the next level, India and Japan have instituted a ‘Clean Energy Partnership’ (CEP) by incorporating electric vehicles, EV...
L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat
Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also...
Punjab Invites Bids for 217 MW Solar Power Projects Under PM-KUSUM
The Punjab Energy Development Agency (PEDA) has invited applications from farmers, groups of farmers, panchayats, cooperatives, Farmer Producer Organisations (FPOs) and water use associations in Punjab...
TOP FIVE SOLAR PARKS IN INDIA
TOP FIVE SOLAR PARKS IN INDIA Name of the Park Location Planned Capacity Operational Commissioned Capacity Developer(s) Highlight Bhadla Solar Park Rajasthan 2245 MW 2245 MW...
Auction Winners Bid at Rs 2.29/unit For 500 MW GUVNL solar auction
In bids that continue to surprise, the Gujarat Urja Vikas Nigam Limited's (GUVNL) January tender for 500 MW of solar power has attracted a very aggressive...
E2S Power, IPCL Come Together for Energy Storage Solutions
E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in...
POLICY
Andhra High Court Rules in Favour of Solar, Wind Developers
In a judgement that seeks to put to rest all uncertainties regarding the sanctity of Power Purchase Agreements and the competency of experts who decided on...
With formal approval, 20 GW of RE capacity on its way for green corridor
The Ministry of New and Renewable Energy (MNRE) has notified the President's approval for the implementation of the "Intra-state Transmission System Green Energy Corridor (GEC) Phase-...
FINANCE
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects
Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has...
Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot
Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises "extreme-fast charging" batteries for electric vehicles...
ThomasLloyd Energy Will Buy 43% Stake in SolarArise India
The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt...
EVs
CII Pitches for Free Access For Green EV Charging
Key Industry body Confederation of Indian Industry (CII) has pitched to make Open Access almost free where EV charging stations are powered by green energy, namely...
“OEMs and freight transporters need stronger financial support”, Satyakam Arya, Daimler India CV’s
The BharatBenz brand, even as it becomes more visible on the roads in India, is also looked upto for the pedigree and technology access it has....
NoBroker, ElectricPe to Install 1 Lakh EV Charging Stations This Year
NoBroker has partnered with ElectricPe to install 100,000 electric charging points this year in residential communities across India. The duo will deploy the NoBrokerHood App, through...
Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025
Japan’s leading automaker and Indian market leader Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the...
The Top 5: Upcoming EVs of 2022 for India
Recording a 168 percent increase in sales in 2021 over a year earlier, the Indian EV market is hyped up for a record 2022. As more...
The Top 5: Bestselling EV Autos in the world in 2021
After record-making sales last year, EV sentiment skyrocketed off the charts. In this positive growth trajectory for the EV world, it’s worth asking which were the...
MARKET
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy
The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead...
Strong demand prospects for RE projects in C&I segment; regulatory risks key challenge: ICRA
Demand prospects for renewable energy (RE) capacity addition in the commercial & industrial (C&I) segment remain solid, given the improved tariff competitiveness and growing sustainability/green initiatives...
Rooftop Solar Can Fulfill Half of Mumbai’s Power Demand, says MCAP
The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document,...
5 Most Common Queries on Home Solar Rooftop Solutions Answered
A solar rooftop system is an easy-to-install system that is almost always connected to the power grid in India. It is the most reliable green energy...
GREEN HYDROGEN
Nitin Gadkari Launches Toyota Mirai, a Pilot Study on Hydrogen Fuel Cell Electric Vehicle
Union Minister for Road Transport and Highways, Nitin Gadkari has launched Toyota Mirai which is a pilot project on green hydrogen-based advanced fuel cell electric vehicle (FCEV). The...
Technip Collaborates with Greenko for Green Hydrogen Projects in India
Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a...
STORAGE
Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round
EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for...
GRID/TRANSMISSION
MERC rules for transmission charges to be paid even where ISTS not used by generator
In a recent judgement published on March 18, the Maharashtra Electricity Regulatory Commission (MERC) has ruled with the state discom on a plea by a wind...
Maldives seeks bids for grid modernisation under World Bank-aided project
The Maldivian Ministry of Finance has invited bids for the delivery of grid infrastructure works to support grid modernization as well as the integration of solar...
INNOVATION
Solar-powered butterfly-shaped mobile home all set for a world tour
The SolarButterfly, named Larso, plans to identify, record and publicize 1,000 climate change solutions and works of pioneers to serve as an inspiration for others to...
MILESTONE
India’s leading Industrialised states continue to lead the solar push also
The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon...
Tamil Nadu Reclaims No. 1 Spot for Renewable Energy
Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the...
GoodWe Hits 1.5 GW Milestone in India
Inverter major GoodWe, which has been a particularly strong player in the residential and commercial rooftop segment until recently, when it expanded offerings to the utility...
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