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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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What Energy Transition Means For Indian Homeowners & Individuals?

By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana  The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […]

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Growatt Inverters, Vibgyor Power Beverage Factory in Uttar Pradesh

Global energy storage firm Growatt has recently powered a soft drink factory located in Uttar Pradesh, Moon Beverages Limited. New Delhi-based solar power developer Vibgyor Energy commissioned the plant. It has a capacity of 5.3 MW. This project, powered by 9,788 solar panels from the Vigyor and 29 Growatt ‘MAX 125KTL3-X LV’ inverters, can generate […]

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Okaya EV Chargers Gets HPCL Order For 600 EV Chargers

Okaya EV Chargers has announced that it has secured an order for 600 EV chargers from Hindustan Petroleum Corporation Limited (HPCL). The order includes the installation of 60KW CCS2 Dual Gun and 120KW CCS2 Dual Gun chargers at various locations across India, stated the press release by the company. The company Okaya EV said, “These […]

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Trina Solar, SOLA, & WBHO To Power South African Mining Operation With 135MW Project

Smart PV and energy storage solutions company Trina Solar, has partnered with SOLA, a South African leader in renewable energy with a focus on utility-scale projects and WBHO Construction to embark on a transformative solar project. The Merak 1 project signifies a major milestone in sustainable energy solutions for South Africa, according to a media […]

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UK-Based Hive Energy Acquires 272 MW Polish Project

UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […]

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Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round

Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […]

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Manager/ Senior Manager – Energy Markets

Role and Responsibilities:- Lead project delivery of client engagements to deliver exceptional quality of output. Lead business development initiatives under supervision of Director Facilitate knowledge sharing and learning amongst industry stakeholders through workshops, seminars and focused training programs. Carry out thought leadership on emerging issues in the fuels segment Expertise, experience, relationships:- Knowledge of oil […]

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