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renewable energy

Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout []

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Rayzon Solar Extends Partnership With Gujarat Titans, CSK

Rayzon Solar, a Gujarat based solar panel manufacturer that has grown aggressively in the past three years, has announced an extended partnership with Gujarat Titans. It also announced to join hands with Chennai Super Kings for the 2024 IPL season. In cricket crazy India, the IPL remains by far the most marketable media property in []

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Waaree Energies Gets BIS Certification For TopCon Modules

Solar PV modules manufacturer Waaree Energies Limited has announced that it has obtained certification for Topcon Modules from the Bureau of Indian Standards (BIS). The certification is meant specifically for glass to backsheet, with a capacity of up to 625Wp. The certification falls under the category of Crystalline Silicon Terrestrial Photovoltaic (PV) Modules (Si wafer-based). []

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ACWA Power, L&T Select Nextrackers Trackers For Saudi Solar Park

Solar tracker and software solutions company Nextracker announced it was selected by ACWA Power and Larsen & Toubro Limited (L&T) to provide its all-terrain tracker NX Horizon-XTR a 1.17 GW installation at Al Kahfah Solar Power Plant, a strategically important renewable energy project in Saudi Arabias Central Province that is part of the National Renewable []

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Ciel & Terre Taiwan, HEXA Complete Floating Solar Project In Taiwan

Ciel & Terre Taiwan, a floating solar PV (FPV) solution provider, and HEXA Renewables, a pan-Asia renewable energy platform, recently announced the successful conclusion of Taiwans near-shore floating solar projects. The project is situated within the Changbin Industrial Park in Changhua County, this project represents a significant milestone in the renewable energy landscape of Taiwan. []

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GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL

Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable []

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Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM

Karnataka 2024 Budget released some key initiatives to support the solar sector such as through the installation of solar pumps. The 2024 budget emphasized some key initiatives to make farmers self-sufficient. The Karnataka government will install 40,000 off-grid solar pump sets under the PM-KUSUM Component-B scheme. It plans to do so at an estimated cost []

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Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece

Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision []

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Goa Govt, PFC Collaborate To Set Up Blended Finance Facility With World Bank

Power Finance Corporation (PFC), a NBFC, power sector PSU and renewable energy financier in India, collaborated to support the climate ambitions in Goa. They signed a Memorandum of Understanding (MoU) to support the climate ambitions of the state of Goa. The support extended would be under the Blended Finance Facility being set up by Goa []

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