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X-ELIO Awarded 15 MW First Feed-In-Premium Auction In Japan

Spanish renewable energy developer company X-ELIO has received 15 MW from the Ministry of Economy and Trade Industry (METI) in Japans first Feed-in-Premium (FIP) auction, which awarded 153.7 MW of new solar PV capacity. This first FIP auction since COD saw the award of the companys 15 MW project. The predicted start date for commercial []

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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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Reliances Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders

Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the  groups  green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into its new energy initiatives in 2021, has made significant progress []

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Gensol Ventures Into EV Market With Manufacturing Plant In Pune

Ahmedabad-based renewable energy solution provider, Gensol Engineering Ltd. has announced that it would enter into the electric vehicle (EV) market with personal mobility and cargo electric vehicles manufacturing plant. The business aspires to establish an EV manufacturing plant in Chakan, Pune. The plant is expected to begin making products in October this year and accept []

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MSEDCLs 500MW Solar Tender Awarded to SJVN, Tata Power & Others

Maharashtra State Electricity Distribution Companys (MSEDCL) had announced an auction to purchase power from 500MW solar tender of grid-connected intrastate solar projects (Phase-VII). SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir Agro Energy, and Avaada Energy were announced as the winners. The tender was released by MSEDCL in June of this year. []

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Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW

Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them-  Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to []

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Neoen Signs PPA With Flow Power For Wind Farm In Australia

Worlds major renewable energy player Neoen has announced that it has signed a power purchase agreement (PPA) with electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Neoen held that Goyder South Stage 1 is the first stage of Neoens flagship project known as []

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IEX Power Market Update July 2022: 13% YoY Decline For Green Market

As per its market update for July 2022  released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. Indias premier energy exchange has recorded []

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Indias EV transition Is More Resolute In The Three-Wheeler Industry

By Harsha Bavirisetty According to a report from the Investment Information and Credit Rating Agency (ICRA), three-wheelers will spearhead the Indian EV journey because these vehicles have to travel fewer distances, carry more load and generally will make do with a days worth of charge. The new electric three-wheelers (e3w) sold in the country in []

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