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GoodWe To Expand Residential Inverter Production, Received Order of 5000 units

The Chinese solar PV inverter manufacturer GoodWe has today announced that it has received an order of 5,000 residential inverter units from the Germany-headquartered photovoltaic distributor, Krannich Solar. Hence, the firm will have to ramp up its residential inverter production. With the COVID-19 situation easing across various states, EPC and installers have resumed their projects […]

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NTPC Signs MoU with Ladakh For Country’s First Green Hydrogen Mobility Project

NTPC Renewable Energy Ltd. (REL) has signed a Memorandum of Understanding (MoU) with the Union Territory of Ladakh to set up the country’s first Green Hydrogen Mobility project. NTPC REL, a wholly-owned subsidiary of NTPC, announced that this MoU will enable it to help Ladakh develop a carbon-free economy based on renewable sources and green hydrogen. This […]

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RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA

While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […]

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Except Two, All Union Territories and Goa Fail to Meet RPO Targets FY21, Shows JERC’s Analysis

Except Chandigarh and Andaman & Nicobar Islands, all other union territories and Goa have failed to achieve their solar renewable purchase obligation (RPO) targets, shows the Joint Electricity Regulatory Commission (JERC)’s analysis of RPO targets for 2020-21 based on the data received from the regions under its jurisdiction. The full analysis can be accessed here. […]

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Top 10 Cleantech Trends for 2021 By IHS Markit

Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […]

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NTPC Concall- Spotlight On Aggressive Renewables Plans

NTPC’s revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the group’s Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing […]

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Wipro Lighting Partners with Enlighted, for IoT enabled Lighting Solutions

Wipro Lighting, a provider of lighting and Internet of Lighting (IoL)® solutions in India partners with Enlighted, provider of Internet of Things (IoT) solutions for commercial buildings to deliver smarter workplaces. Wipro Lighting and Enlighted are integrating their solutions and technologies to create smarter buildings across multiple customer segments. Enlighted’s IoT sensors are being integrated […]

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HPL Electric and Power Ltd reports revenue of ₹ 308 Crores in Q4 FY21

Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April’20 to March’21) yesterday, reporting total revenue of ₹ 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than […]

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Tata Motors To Bring 10 New Battery Electric Vehicles by 2025

Tata Motors, India’s multinational automotive manufacturing company has announced multiple plans for shifting its business model towards sustainable mobility. Its annual report for 2020-21, talks about various steps taken and to be taken, towards a sustainable future. The company has announced 10 new BEV (battery electric vehicles) by 2025. Tata’s subsidiary company, Jaguar Land Rover […]

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