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Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025

Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a  $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […]

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Tariff Markdown on Manufacturing Tender. Unfair For Developers?

Even as SECI continues to provide positive tidings in terms of finally finding buyers for the power from the manufacturing linked solar tender that has been pending since last year, the news of markdowns can’t be good for relevant stakeholders. Readers will recall that these tenders had a tough time finding takers for a long […]

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Scotland to Build Own Green Ports as UK Govt is ‘Not Cooperating’

UK Ministers will not commit to implementing green ports in Scotland that are underpinned by fair work conditions and net-zero ambitions, according to Business Minister Ivan McKee. As a result the Scottish Government will now progress plans to independently develop a green port model which is designed to meet the specific needs of Scotland’s economy. […]

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Heard at REI 2021- 5 Takeaways From The Expo

At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the […]

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“We Are Very Good At Innovating New Kinds Of Products And Technologies”, Akshay Singhal, Log 9 Materials

Bengaluru-based Log 9 Materials shot into the limelight (again) recently after Amara Raja batteries, a leader in the domestic automotive battery market, invested in the firm. Log 9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies from electrode materials, cell to pack level. Their rapid charging battery packs […]

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International RECs: A reliable way to go 100% Renewable

Introduction: Sustainability Goals and Commitments The Race to Zero campaign was launched by the UNFCCC’s Climate Ambition Alliance with a goal of achieving net zero carbon emissions by 2050. As of February 2021, 1,397 businesses have pledged to join the Race to Zero campaign and achieve net zero carbon emissions by 2050. These include the […]

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“Making Components In House Gives us a Huge Advantage Over Competitors”

Rydot Infotech, a Gujarat based firm which also offers a solar monitoring solution has tasted success with its offerings. Riding the solar wave in India, the role such monitoring devices can play in better maintainance and consequently productivity and returns is vital. Rydot’s ‘Radiant’ offering is seeking a high growth in the coming quarters. We […]

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A PLI Scheme For Inverters Could be a Game Changer for India

For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […]

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NTPC Addresses Its Wind Capacity with 300 MW Tender for Projects

Power major NTPC Limited, which has set a 60 GW renewable target for 2032,has invited bids to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India. The tender follows earlier wind tenders from the utility this year. It also marks the continuing recovery in the wind space after a poor […]

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