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Sustainable Energy

IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr

Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […]

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Budget: Himachal Announces Interest Subsidies For Solar Projects

The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […]

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Research Analyst – Grid Edge

Responsibilities:- Be a subject matter expert in demand-side flexibility in Asian markets—a go-to person for others in research, consulting and sales Conduct hands-on research, including data gathering, 3rd party research review, and industry outreach Track C&I energy solutions, including technologies, vendors, offerings, deals, and strategies Track transport and heating electrification and develop load and flexibility […]

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Chartered Speed Aims To Operate Over 900 E-Buses In 13 Cities

Chartered Speed, a bus passenger mobility company operating in the B2G, B2B, and B2C sectors in India, announced that it has been awarded the contract to operate more than 900 electric buses by Convergence Energy Services Limited (CESL). The company will procure, operate, and maintain these buses under the Pradhan Mantri e-Bus Sewa Scheme across […]

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Senior Research Analyst – Global Power Markets

We are seeking a Senior Research Analyst to lead and support the development of asset-level revenue forecasts for renewable, conventional, and storage assets across global markets. This role is specifically focused on asset revenue forecasting, requiring expertise in asset valuation and financial modelling. The Senior Research Analyst will oversee research analysts, conduct in-depth market research, […]

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Tata, JBM & Switch Mobility Hold 88% of India’s E-Bus Market

Electric buses currently account for 4% of India’s annual bus registrations, with 3,644 units sold in FY24, reflecting an 81% year-on-year growth. The transition to cleaner fuels has decreased conventional diesel and petrol buses’ market share from 97-98% a decade ago to 90% in FY24, said CareEdge Ratings. It also predicts the electric bus adoption […]

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Elon Musk’s Starlink Could Drive In Benefits For EVs In India

Elon Musk’s Starlink is finally a player in India’s internet business. Thanks to the recently inked partnerships with Indian telecom giants Airtel and Jio, Musk’s tech juggernaut of SpaceX-owned Starlink and Tesla are magically aligning to enter India with quite a punch. Starlink is the “world’s first and largest satellite constellation using a low Earth orbit to […]

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RMC Switchgears Gets 50 MW Rooftop Project For Solar Initiatives

Rajasthan-based RMC Switchgears has received a Letter of Acceptance (LoA) from the Rajasthan Government for a 50 MW rooftop solar project. The installations will be spread across state government buildings in Jaipur and Dausa. Project Scope and Financials Under the contract, RMC Switchgears will be responsible for the design, supply, erection, and commissioning of rooftop […]

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Jubilant Ingrevia, O2 Power Partner To Source RE For Manufacturing Facility

Jubilant Ingrevia, a globally integrated Life Sciences & Speciality Chemicals company, signed a power purchase agreement with O2 Power through its wholly owned subsidiary Jubilant Infrastructure Limited for its SEZ Bharuch Manufacturing Facility. The contract comes one year after carrying out the same exercise at its manufacturing facilities in Savli, Gujarat and Gajraula, Uttar Pradesh, […]

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