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India Must Aim For 600 GW Of Clean Energy By 2030: CEEW

India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […]

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NGEL Invites EoI For 4 MW/12 MWh Solar Plus BESS Project In Great Nicobar

NTPC Green Energy Limited (NGEL), an NTPC subsidiary, has issued a tender to build a solar plant with a Battery Energy Storage System (BESS) at Great Nicobar Island (GNI), India. NGEL through this EoI targets building a tentative planned capacity of up to 5 MW for the solar plant with a BESS capacity of up […]

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Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers

Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […]

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AmpereHour Energy Secures $5mn In Series A Funding

Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […]

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KPI Green Energy Appoints Surinder Kumar Negi As New COO

Gujarat-based KPI Green Energy has appointed Surinder Kumar Negi as its new Chief Operating Officer (COO). Negi brings over four decades of experience in the power transmission, renewable energy, and infrastructure development sectors. He has previously held leadership roles at NTPC, POWERGRID, ALSTOM, Reliance Energy, Gujarat Energy Transmission Corporation (GETCO), and Skipperseil Ltd.  As Managing Director of […]

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Adani Green Commissions 250 MW Andhra Pradesh Solar Project

Adani Solar Energy AP Eight Private Limited, a subsidiary of Adani Green, has commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh. With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,591.1 MW. The company had earlier guidance for well over a GW of commissionings before March […]

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NHPC Discovers A Tariff Of Rs 3.41/kwh For 1.2 GW Hybrid Project

Adani Green, Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybrid (Mahindra Susten), and Avaada Energy have secured NHPC’s 1.2 GW wind-solar hybrid tender. NHPC had initiated the tender process to identify renewable energy developers for hybrid projects, strengthening its green portfolio. The tender was issued in January, and results were announced within two months. NHPC awarded […]

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Green Stocks Mar 11: Green Stocks Fail To Benefit From Rebound

On a day when the key indices, as well as the broader mid cap index rose, most green energy stocks failed to catch the wind, so to say. NTPC Green, Borosil Renewables, Suzlon, SJVN and Premier Energies were just about able to eke out some gains, even as the rest slipped, and in some cases, […]

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Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology

Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […]

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