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solar energy system

MNRE Awards 4 Grants in 2nd Round of PACEsetter Fund

MNRE recently awarded grants to the four projects selected in the second round of PACEsetter fund programme. The Ministry of New and Renewable Energy (MNRE) has recently announced that it has awarded grants to the four projects selected in the second round of PACEsetter fund programme. The PACEsetter fund was constituted by India and the USA in […]

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Adani Acquires Transmission SPV Linked With RE Projects in Rajasthan

Adani Transmission has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, through a tariff-based competitive bidding process. Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, according to a regulatory filing. Adani Transmission won the project linked to renewable power generation in Rajasthan through a tariff-based competitive bidding process. ATL signed a share purchase agreement with PFC Consulting […]

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Sungrow Debuts 1500V Outdoor Central Inverter at REI 2019

Sungrow unveiled a 1500 Vdc outdoor central inverter and the world’s most powerful 1500 Vdc string inverter SG250HX-IN at REI 2019 Sungrow, one of the leading global inverter solution supplier for renewables, has unveiled a comprehensive product portfolio, in particular, a 1500 Vdc outdoor central inverter SG5000UD and the world’s most powerful 1500 Vdc string […]

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Nissan Partners With EDF to Accelerate EV Adoption Across Europe

Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of e-mobility together, particularly through the smart charging of EV Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of electric mobility together – particularly through the smart charging of electric vehicles (EV). This agreement applies to the United Kingdom, […]

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Himachal Pradesh Aiming for 100% EV Transition by 2030

Himachal Pradesh is aiming to achieve 100 percent transition to EV by 2030 in alignment with the United Nation’s sustainable development goals Himachal Pradesh is aiming to achieve 100 percent transition to electric vehicles (EV) by 2030 in alignment with the United Nation’s sustainable development goals, according to sources close to the government. A meeting to frame the draft for the […]

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Azure Power Planning to Issue a USD 350 Million Green Bond

Azure Power will issue a USD 350 million green bond offering, to use the proceeds to refinance existing indebtedness. Azure Power Solar Energy, a wholly-owned subsidiary of Azure Power Global, a leading independent solar power producer in India, will issue a USD 350,101,000 green bond offering, maturing in 2024 with an expected US Dollar coupon […]

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Magenta Group Wins ‘EV Charging enabling Technology Leadership Award’

Magenta Group was recently bestowed with the ‘Indian EV Charging Enabling Technology Leadership’, at the Frost & Sullivan India Intelligent Mobility Awards Magenta Group, a pioneer in establishing the Electric Vehicle (EV) ecosystem in India under the ChargeGrid brand, was recently bestowed the ‘Indian EV Charging enabling Technology Leadership award’, at the 2019 Frost & […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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PGCIL Wins Inter-State Transmission Project in Rajasthan

PGCIL has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and MP State-owned utility Power Grid Corporation of India (PGCIL) has revealed that it has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as the successful bidder under […]

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