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DERC Releases Peer-To-Peer Guideline For RE With 200 kW Load

The Delhi Electricity Regulatory Commission (DERC) recently notified a peer-to-peer energy transaction guidelines, 2024. They were released to promote the use of renewable energy, embed generation within the distribution network, and create an additional avenue of income for prosumers. The policy set guidelines for peer-to-peer metering arrangements having less than or equal to 200 kW […]

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UP To Provide Subsidised Solar Pumps To Over 50,000 Farmers Under PM Kusum

Uttar Pradesh government has recently announced that it will provide solar pumps to more than 54,000 farmers in the state at subsidised rate this year. These solar pumps will be provided to farmers under the PM-KUSUM Scheme (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Yojana) which aims to promote the use of renewable energy […]

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Arevon Secures $1.1 Billion Funding For California Solar And Storage Project

US-headquartered renewable energy developer Arevon Energy has announced that it has secured more than $1 billion in aggregate financing commitments for its Eland 2 Solar-plus-Storage Project in Kern County, California. The 374 megawatts (MWdc) solar project coupled with 150 MW/600-megawatt hours (MWh) of energy storage is under early-stage construction and is anticipated to come online […]

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Biden Invests $366 Mn To Lower Energy Cost In Remote Communities

US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Biden’s investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible […]

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World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments

World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […]

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Gensol EV Receives ARAI Certification To Launch Its First Flagship Electric Vehicle

Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Ltd and a new-age OEM in the e-mobility space,  today announced that it has received the certification and approval for its unique and revolutionary electric vehicle, from the Automotive Research Association of India (ARAI). This significant accomplishment marks a step forward, paving the path […]

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Conference on Distributed Renewable Energy for Sustainable Development

Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […]

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Renewable Power Capital Acquires 57MW Battery Storage Project In UK

United Kingdom-based Renewable Power Capital (RPC) has completed the acquisition of a 57MW ready-to-build battery storage project in the UK. With this deal, RPC adds its first shovel-ready storage project to its UK portfolio. According to the press release, the construction on the site is due to start imminently. Energisation is expected next summer (2025), […]

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Waaree Energies Signs Pact To Supply 280 MW Solar Modules To Mahindra Susten

Solar PV module manufacturers Waaree Energies Limited announced that it has agreed with Mahindra Susten a renewable independent power producer player for the provision of 280 MW of solar modules. According to the press release, Waaree Energies Limited will supply 280 MW of AHNAY Series, Bi-55 545Wp modules to Mahindra Susten. Module delivery is expected […]

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