SUBSCRIBE NEWS LETTER

renewable energy

Swift Solar Announces $27 Million Series A Funding Round

Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in []

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Tata Power Deploys 850+ Charging Points Across India

Tata Power Renewable Energy Limited (TPREL), an integrated power company and an electric vehicle charging service provider, deployed 850+ charging points in key metropolitan areas. The company has set up charging points across 30+ bus depots in cities such as Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Lucknow, and Goa. Tata Power claims to have []

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Despite National Portal Glitches, India Adds 450 MW RTS Capacity In May

Notwithstanding the technical glitches in the PM Surya Ghar portal, India added a 450 MW of new rooftop solar capacities in the month of May, 2024. This data was revealed from the latest renewable capacity data of the Ministry of New and Renewable Energy (MNRE).  As per the latest data from the MNRE, Indias total []

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Repsol Signs RE Purchase Agreement with Microsoft

Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power []

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GUVNL Awards Gensol 250 MW/500 MWh BESS Project

Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this []

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RERC Resolves Hurdles Of Technology-Agnostic RPO Compliance

The Rajasthan Electricity Regulatory Commission (RERC) in its latest suo motto order has tried to allay the apprehensions of the obligated entities towards the government mandate of technology-agnostic Renewable Purchase Obligations (RPOs).  The Union government and CERC had earlier mandated the compliance of RPOs through procurement of renewable power through different fuel specific (technology agnostic) []

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India Adds 11GW Solar Capacities In The First 5 Months Of 2024

The latest statistics from the Ministry of New and Renewable Energy (MNRE) revealed that India added around 11 GW of new solar capacities in the first five months of 2024. However, wind capacity additions remained on a lower side. The latest monthly renewable energy capacity report from the MNRE said that India added 2463.82 MW []

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Waaree Energies Supplies 68 MW Solar Modules For Mahagenco Project

Waaree Energies Limited, manufacturer of solar PV modules with an installed capacity of 12 GW, as of June 30, announces the successful delivery of 68 MW of its Bi-55 bifacial dual glass framed modules to Gensol Engineering Limited. These modules, delivered in March 2024, are currently being commissioned for the Mahagenco solar PV project. The []

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Green Stocks June 11: Sterling & Wilson Stock Prices Continue To Surge

Renewable energy stocks were mostly on the rise today with some companies witnessing marginal growth. Only three companies namely, Borosil Renewables, Waaree Renewable, and Adani Green faced a drop in stock prices. Whereas, Sterling and Wilsons stock remained steadfast sustaining 5% growth on the second day in a row. This is followed by Shakti Pumps []

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