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Global Floating Wind Industry Reached 270 GW In FY24: IRENA

While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […]

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Rayzon Collaborates With Hero Future Energies For K’taka Solar Project

Rayzon Solar and Hero Future Energies today announced the formalization of their partnership for boosting solar project in Karnataka. These renewable energy companies are set to launch a 200 MW solar project in Karnataka. This initiative is expected to reduce carbon emissions by an estimated 350,000 to 375,000 tons annually. “This partnership between Rayzon Solar […]

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Chief Manager- Supply Chain Management

Key Accountabilities / Responsibilities:- Strategic Sourcing & Tie‐ups:-  Techno-commercial negotiations, and finalizing PV modules MSA, Battery Supply Agreements (BSA), EPC contracts for BoS/BoP, Grid packages, O&M contracts and power evacuation infrastructure. In-depth experience in detailed BOQ-based costing and estimation exercises for large-scale ground-mounted solar power, BESS system with Battery, PCS & EMS. Comprehensive procurement expertise […]

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IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report

Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target.  IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […]

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Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW

Rays Power Infra, a solar EPC solutions provider recently acquired new projects worth Rs. 833 crores in the April-June period 2024. These projects are distributed in two states and can add over 680 MW to the company’s expanding portfolio. Rays Power Infra continues to focus on strengthening its solar park as well as EPC divisions […]

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5 Key Points for India on the Road to 300 GW Solar by 2030

India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […]

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Green Stocks July 15: KPI Green Stock Surges 5%, Takes The Lead

After a long gap, the stock market today saw positive growth, where the stock price of most solar energy companies moved upwards. On the lead, with 5% growth was KPI Green Energy. It was followed by Inox Energy and SJVN receiving 2.17% and 2.06% respectively. Other companies that witnessed positive movements were Borosil Renewables, Waaree […]

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SolarPower Europe Sets Unified Cybersecurity Standards For PV

Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe’s recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR by 2040. The report aims to establish a unified cybersecurity […]

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