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clean energy investment

FIMER Inverters Light Up Ayodhya’s 40 MW Solar Plant

Solar inverter company FIMER announced supplying its 5 MVA inverters to Jakson Green for a 40MW Ayodhya Solar PV Project, developed by NTPC Green Energy Ltd. Jakson provided a total of 104,580 solar panels for the project.  Ayodhya is now all set to host the consecration of its Ram Temple on January 22. The state […]

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American Firm AES Completes Construction of 3.5 GW Of Renewables

America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […]

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Could a Donald Trump Presidency Trip Up The IRA?

The IRA, or the Inflation Reduction Act in the United States (US), ever since it came into force in August 2022, has been unfolding the kind of impact that has never been seen yet in the clean energy industry. Even as most provisions in the IRA became effective by Jan 2023, the biggest part of […]

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Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat

Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […]

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Smart Cities, Bright Futures: Solar Integration in Urban Planning

As India undergoes rapid urbanization, the imperative for sustainable and smart city solutions has never been more pronounced. With a burgeoning population and increasing energy demands, the integration of solar power into urban planning emerges as a beacon of hope for a greener and more sustainable future. In this article, we delve into the latest […]

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First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu

American solar module manufacturer First Solar inaugurated its new solar manufacturing facility in Tamil Nadu. The global cleantech company claimed it to be the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, T R B Rajaa inaugurated the facility in a ceremony attended by […]

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EVIFY Raises $1.3 Million From Piper Serica Angel Fund

EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round.  The startup, EVIFY […]

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GE Vernova Gets 2.4 GW Turbine Order For Biggest Mexican Wind Project

GE Vernova has signed a new equipment and long-term services deal with Pattern Energy to supply 674 units of 3.6-154 wind turbines. The order is enough to  generate more than 2.4 GW of power at the SunZia Wind project in New Mexico. SunZia Wind, which is expected to be the largest wind project in the […]

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QCells Signs 12-GW Solar Power Deal With Tech-Giant Microsoft

Global renewable energy player Qcells will supply tech giant Microsoft with 12 – G.W. of solar modules and EPC services over an 8-year period. This is Qcells’ largest module and engineering, procurement and construction (EPC) services agreement to date. The order is equivalent to powering more than 1.8 million homes annually. The eight-year strategic alliance […]

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