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The Top 5: Upcoming Electric Cars In India In 2023

India’s electric car market is likely to see more EVs this year than anytime before. With growth in EV battery technology and strong national commitments for 2030 and net zero by 2070, EV market is further set to share a considerable chunk of electric vehicle market of India. Amidst this continuation of EV surge, we […]

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Solar Recycling Picking Up Pace

The strong growth of the solar energy sector in the recent year – especially in the last decade – and the constant call for ‘circular economies’ citing environmental concerns will be harbingers for the solar recycling industry. The value of recovered raw materials from discarded solar panels has the potential to increase up to $450 […]

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NTPC Crosses Key Milestone of 1 GW Renewable Capacity

NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […]

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Navitas Alpha Renewables Raises 7 Crore Funding in Seed Round

Gujarat-based solar module manufacturer Navitas Solar’s Subsidiary company & a solar EVA manufacturer, Navitas Alpha Renewables Private Limited (NARPL) has raised 7 crores worth funding in its seed funding. NARPL raised this funding from a Gujarat-based investment advisory firm Niveshaay with the participation of Madhusudan Sarda, IVY Growth Associates, and others. According to the company, […]

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The Top 5: Largest Battery Energy Storage Systems Worldwide

As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […]

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NHPC To Develop 10 GW RE Projects In Rajasthan

State-owned National Hydroelectric Power Corporation Ltd (NHPC) has announced that a Memorandum of Understanding (MoU) has been signed between its subsidiary and the state government of Rajasthan for the development of renewable energy parks in the state. As per the details, the total capacity of the projects will come to about 10 gigawatts (GW). The […]

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Project Solar Raises $23 Million Series A For Digital Solar Offering Expansion

Project Solar, a US based and America focused firm for solar installations, has shared that it has concluded a $23M Series A financing round. New-York based capital venture firm, Left Lane Capital, led the round along with strategics from the industry. The investment will be the first institutional capital for Project Solar that will be […]

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NTPC Q1 Results, Revenues up 43% YoY, Profits up 15%

NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal.  At […]

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