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Power Ministry Reconsidering 10 kW Net Metering cap for Rooftop Solar

The Ministry of Power will reexamine capping net metering at 10 kW for rooftop solar installations under the new consumer rules Clarification on Electricity (Rights of Consumers) Rules 2020 pic.twitter.com/FaRdTLJIA5 Ministry of Power (@MinOfPower) January 16, 2021 The Ministry of Power (MoP) has issued a clarification for its Electricity (Rights of Consumers) Rules 2020, []

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Total Expands Sustainable Energy Alliance With Adani, Takes 20% Stake in AGEL

Total has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. French multinational energy company Total has announced that it has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. The French giant []

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EESL, NIIF JV Intellismart to Develop Digital Platform for Distribution Sector

IntelliSmart, a JV of EESL & NIIF has committed to developing a digital platform for value-added services in the distribution & power sector IntelliSmart Infrastructure Private Limited, a JV of Energy Efficiency Services Limited (EESL) and National Investment & Infrastructure Fund (NIIF) has committed to developing a digital platform for value added services in the []

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Battery Mfg Startup Lohum Cleantech Raises $7 Million

Lohum Cleantech, the New Delhi-based battery manufacturing and recycling startup with its plant in Greater Noida, has raised $7 million (Rs 51 crores) in a fund raise from institutional investors led by Baring Private Equity Partners. A report quoting the information released today. In an interview to SaurEnergy last year, company founder Rajat Verma had []

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MNRE Releases Advisory, Clarifying Rooftop Solar Scheme to Vendors

The Ministry of New and Renewable Energy (MNRE) released an advisory to clarify the Rooftop Solar Scheme regarding which many vendors are in confusion. MNRE is implementing the Grid-connected Rooftop Solar Scheme (Phase-II) to generate solar power by installing rooftop solar panels on the houses. Under which the ministry is providing 40 percent subsidy for []

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Naturgy Acquires Hamel Renewables in US with 12.6 GW Solar Plus Storage Portfolio

Naturgy has acquired 100% percent of the economic interests in Hamel Renewables, a solar and energy storage development platform in the United States. The transaction represents Naturgys first investment in the US renewable energy market and demonstrates the companys firm commitment to developing its renewables portfolio internationally, focusing on stable geographies and early stage of []

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JA Solar Supplies all Modules for Largest Solar Project in Guam

JA Solar recently announced that it supplies all PV modules needed to complete an 88 MW project in Guam. Invested in and constructed by Korea Electric Power, the project will be the largest single PV plant in Guam. Located on an island and in an environment with strong winds, the project has stricter than usual requirements for []

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1st Batch Successfully Connected at Worlds Largest Tidal-Flat Solar Plant

The first batch of units of the worlds largest tidal-flat utility PV plant (300 MW), contracted by the 12th Bureau of Hydropower, have been successfully connected to the grid for power generation. This completed the annual grid connection goal safely, efficiently, and satisfactorily. The project, which is now the worlds largest coastal tidal flat solar []

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EV Battery Startup Gegadyne Energy Welcomes $5 Mn Investment from V-Guard

EV battery provider Gegadyne Energy Labs has announced that it has received an investment of USD 5M from electric appliance maker, V-Guard. Mumbai based, quick electric vehicle (EVs) battery provider Gegadyne Energy Labs Pvt Ltd announced receiving an investment of USD 5 million from electric appliance maker, V-Guard. The CEO and Founder of Gegadyne Jubin []

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