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PM Surya Ghar: MNRE Issues Norms For Projects Under RESCO

The Ministry of New and Renewable Energy (MNRE) has now come up with its operational guidelines to implement the PM Surya Ghar scheme under the RESCO model. The new norms talk about the Payment Security Mechanism and disbursement of central subsidies under the regime. Under the RESCO model, renewable energy usually takes up the onus […]

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NTPC-REL Floats 1.4 GW Tender To Build UP Solar Parks Project

NTPC Renewable Energy, a subsidiary of NTPC Green Energy, has issued a tender to develop a 1,400 MW grid-connected solar project in two solar parks, namely Lalitpur (2×300 MW) and Chitrakoot (2×400 MW), in Uttar Pradesh (UP). The tender invites bids until January 13, 2025. The tender offers a Balance of System (BoS) package for […]

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Odisha: IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects

Pradip Kumar Das, Chairman and Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA) reaffirmed its commitment to Odisha’s ambitious renewable energy target. The CMD emphasized the state’s vision of achieving 10 GW capacity by 2030. Highlighting its support, the Indian Renewable Energy Development Agency Limited (IREDA) has already sanctioned over Rs. 3,000 crores […]

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Hoymiles Microinverters Make A Mark In India Solar Market

In the bustling solar market of India where the demand for efficient solar solutions has never been greater, Hoymiles microinverter is setting a new standard for solar performance. Customers can hope to get all the benefits of having a microinverter manage their solar systems, of reliability, safety and higher efficiency, all at a much lower […]

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ADB Invests $10 Mn For Climate Tech Innovation In Sub-Saharan Africa

The African Development Bank (ADB) recently announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This funding envisions propelling climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures. The ACV […]

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Waaree Energies, IIT Bombay Advance R&D In PV Perovskite Cells

Mumbai-based Waaree Energies, a solar PV modules manufacturer today collaborated with IIT Bombay to enter into a CSR initiative. This initiative aims to advance research and development in solar perovskite cells. This partnership envisions to the creation of an advanced Fabrication and characterization setup for high-efficiency perovskite solar cells. Through this initiative, Waaree Energies aims […]

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Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India

Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […]

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