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Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions

Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […]

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Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity

US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […]

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Vestas Bags 1,220 MW Capacity Orders for Wind Turbines from Europe & US

Vestas, a Denmark-based wind turbine manufacturing firm, has entered into a series of new contracts to supply 1,220 MW of onshore and offshore wind turbines cumulatively to projects located in Europe and the United States. Eyeing the European Market Vestas is set to take over the European market, where it has bagged the majority of […]

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GoodWe Launches 320/350kW String Inverter for Utility Market

GoodWe, a PV inverter manufacturer and smart energy solution provider, has launched its new three-phase 1,500V utility string inverter, the UT (320/350kW). With this addition, GoodWe strengthens its utility segment portfolio by providing increased capacity and reducing Levelized Cost of Energy (LCOE), it claims. The inverter is designed to meet the demands of large-scale power […]

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KP Energy Bags 464.10 MW BoS Package for Wind Energy Project from NTPC REL

KP Energy Limited has been awarded a contract through the Notification of Award (NOA) for the development of a 464.10 MW Balance of System package for an Inter-State Transmission System (ISTS) connected wind energy project to be developed in the state of Gujarat. The contract has been awarded by NTPC Renewable Energy Limited (NTPC REL) […]

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EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report

The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […]

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US Continues to Break Storage Records, With 5.5 GWh Added In Q2 2023

A report from Wood Mackenzie and the American Clean Power Association states that the U.S. added 5,597 MWh of energy storage in Q2 2023, a new quarterly record. The storage boom has been fueled by a sharply rising share of renewable energy, as well as incentives at state level as well as now, through the […]

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WBSEDCL Invites Bids for Supply of Spare Parts for 225 MW Pumped Storage Project

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender for the supply and delivery of spare parts of intercom system under the command area of Purulia Pumped Storage Project of 225 MW (4 x 225 MW) Site, Purulia, Bagmundi, West Bengal. The cost of the project is pegged at INR 170730. The […]

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