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Global Distributed Generation (DG) Market to Reach $168.3 Billion by 2024

Market research company Global Industry Analysts Inc., (GIA) has released a report where it projects the size of the global distributed generation market, in a post covid scenario. Distributed generation refers to small-to-medium scale modular power generation plants that are embedded into the distribution network at a point closer to the site of consumption than […]

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Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport

Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […]

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Kaco Launches New 1-Phase String Inverters for Residential PV Systems

Kaco new energy, a German manufacturer of inverters for grid-feed solar power, has begun shipping its next generation of devices: a new family of single-phase transformerless string inverters for residential PV systems, the blueplanet NX1 M2. These devices have output powers between three and five kVA. The designation M2 stands for the number of MPP trackers: in […]

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NSEFI Welcomes APTEL Judgement Outlawing PPA Curtailment

The National Solar Energy Federation of India (NSEFI) has welcomed the judgement of Appellate Tribunal For Electricity (APTEL) in the matter of “deemed generation” filed by the NSEFI on the behalf of its members against the Tamil Nadu Electricity Regulatory Commission’s (TNERC) order passed in March 2019, denying the said deemed generation. NSEFI is a […]

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NTPC Investor Presentation Q1 FY21: focus on Renewables, Sustainability

At the 17th Annual Analysts and Investors Meet of NTPC Limited, the Indian electric utility highlighted its key achievements in FY21 in driving the adoption of green energy, particlulary solar power in the country. The company stated that it had incorporated NTPC Renewable Energy Limited, a new subsidiary for RE business, in FY21. It has won 1,885 […]

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GoodWe Adds Another Success Story, In Gujarat This Time

Inverter firm GoodWe, one of the leading players in the rooftop segment until now, has been making strong progress in the broader C&I space and ground mounted space too. The Saurashtra region of Gujarat, a solar hotspot for India now, with its strategic geographical advantage of abundant sunshine throughout the year has been  happy hunting […]

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Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s

Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […]

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Tata Cleantech Report On The Indian Renewable Open Access Landscape

A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access.  Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […]

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CI NMF Commits $100 M to RE Investments with Amp Energy India

RE-focussed fund management company Copenhagen Infrastructure Partners (CIP) has signed an investment agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF) with Amp Energy India Private Limited. The agreement enables joint equity investments in excess of USD 200 million in renewable energy projects in India, with the potential for future expansion. Amp India […]

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