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India’s Renewable Energy Sector Sees Surge In FDI: CEEW

India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […]

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Mindra Starts Gigafactory In Gujarat For PV Inverters, EV Chargers

Mindra Group, a firm specialising in the manufacturing of solar inverters and Electric Vehicle (EV) chargers, has started production from its new Gigafactory in Ahmedabad, Gujarat. The firm has now shifted all its manufacturing processes to the new production house in Gujarat. “On April 30, 2025, Mindra Group took a monumental step towards India’s electric […]

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Solis Launches 125kW Hybrid Inverter, AI Energy Assistant at Intersolar Europe 2025

Leading Inverter maker Solis has launched a 125KW string inverter at Intersolar Europe 2025. With Europe emerging as a key market for the Chinese major, it has been investing heavily in offering a strong portfolio and support services   in the region for its customers. Key highlights of the inverter include: 125kW output — the highest […]

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ECE India Plans Cell Manufacturing, Targets Offshore Exports

Indian solar module maker ECE India Energy said it plans to begin solar cell manufacturing by 2027, as it eyes global markets predominantly the African market. The Maharashtra-based firm will set up a 2-gigawatt (GW) solar cell production facility in Amravati, with commissioning targeted for 2026 or 2027, the top management of the firm told […]

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Govt Issues Draft Climate Finance Taxonomy To Curb Greenwashing

India’s Department of Economic Affairs under the Ministry of Finance has issued a draft framework for the country’s Climate Finance Taxonomy and invited public and expert feedback by June 25, 2025. The draft framework will be the basis for developing sectoral annexures to outline the measures, activities, and projects considered climate-supportive, and those identified for […]

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BioLite Acquires Baobab+ To Further Renewable Energy In Africa

Paris-based Baobab Group which provides financing to MSMEs mostly in Africa, has announced the successful completion of the sale of its majority stake in Baobab+ to BioLite. Headquartered in New York and Nairobi, BioLite was founded in 2009 by Jonathan Cedar and Alec and distributes off grid energy products. This strategic divestment will enable Baobab+ […]

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5 Reasons Why Green Hydrogen is in Trouble

Green Hydrogen emerged as a great big hope when it was introduced as the fuel of the future with major economies and clean energy enthusiasts swearing big on the technology early into the start of this decade. However, the challenges identified in the initial years of debates still remain unsolved. With little progress, they can […]

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Director (Finance)

Rural Electrification Corporation Limited (RECL) was incorporated under the Indian Companies Act, 1956 with the objective of financing rural electrification schemes in the country. The mandate of the corporation has been subsequently expanded to include financing of projects across power sector including generation, transmission, distribution, and related areas. The company has a wholly owned subsidiary […]

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South America’s Offshore Wind Boom Slows On Brazil Delays: Report

South America’s offshore wind sector, led by Brazil and Colombia, is grappling with regulatory bottlenecks and infrastructure gaps that threaten to delay one of the promising green energy pipelines, according to a new report by the Energy Industries Council (EIC), a trade association for the energy supply chain and provider of data, market insights, and […]

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