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solar energy companies

IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […]

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World’s First Sigfox Enabled EV Chargers to be Manufactured in India

VerdeMobility has joined hands with iWire Technologies to develop the world’s first Sigfox enabled, Electric Vehicle (EV) Charging Stations in India. India has embarked on an ambitious program to introduce EV (Electric Vehicle) in a big way to transform the entire transport sector. Given this stated objective to decarbonise the whole transport sector, VerdeMobility, a […]

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Association of Power Producers Request Financial Support From Finance Minister

The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […]

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India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA

ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […]

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ReneSola in Second JV In The UK, With Innova, To Expand European Push

ReneSola Ltd (“ReneSola Power” or the “Company”), the established  fully integrated solar project developer, and Innova, a company that invests in and operate a diversified portfolio of UK renewable energy assets, with a focus on utility-scale ground mounted and commercial roof top solar installations, located at agricultural, industrial and commercial sites, today announced that they […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September

The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […]

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