Author: Chitrika Grover

Telangana Govt Announces Tax Break To Electric Vehicles Till 2026

In order to make Hyderabad pollution-free, effective from today, the Telangana government gave 100 percent exemption on road tax and registration fees for electric vehicles (EVs) for purchased and registered vehicles for the next two years, until December 31, 2026. In its latest order, the government granted exemption to electric two-wheelers, four-wheelers, and commercial passenger […]

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ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects

ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […]

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EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report

India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […]

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Financial Result: Alpex Solar Reports 265 Crore Revenue In H1

Greater Noida-based solar module manufacturer Alpex Solar has reported a total revenue of Rs 265. 66 crore for the half-year (H1) in FY25 ended on September 2024. The company reported a total revenue of Rs 213.07 crore in the H1 of FY24. Thus on a Year-on-Year (YoY) basis, the firm witnessed a rise in its […]

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Equinix, CleanMax Ink 33 MW Captive Project Deal in Maharashtra

Equinix, Inc., a digital infrastructure company today signed a Power Purchase Agreement (PPA) with CleanMax, a renewable energy provider in the Commercial and Industrial (C&I) sector and a Brookfield-backed company. Under the agreement, the parties plan to collaborate to build a 33 MW Captive Power Plant in Maharashtra. This partnership intends to provide renewable energy […]

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Jinko Solar To Solarise Manchester City Football Club With Tiger Neo

Earlier this year, in June 2024, Jinko announced a multi-year global partnership with Manchester City Football Club. Under this partnership, Jinko, a  global PV and energy storage systems supplier, is expected to provide over 10,500 advanced Tiger Neo PV modules to power Manchester City’s training ground – City Football Academy. This collaboration envisions enhancing Manchester […]

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BII, Norfund & IndiGrid Enter 300 Mn Partnership To Expand BESS Project In India

IndiGrid, a power sector infrastructure investment trust (InvIT), formed a new platform, EnerGrid in partnership with British International Investment (BII), UK’s development finance institution and impact investor, along with the Norwegian Climate Investment Fund, managed by Norfund. This platform focuses on developing greenfield transmission and standalone Battery Energy Storage System (BESS) projects in India. The […]

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Odisha Intends To Solarize Thermal Ash Pond With 50 MW Project

Odisha, in a bid to expand its renewable energy capacity from the current 606.87 MW (as of October 2024), is now planning to build a 50 MWAC grid-connected solar PV power plant on the earth-capped Ash Pond-B of the OPGC at Ib Thermal Power Station (IBTPS) in Jharsuguda, Odisha. The last date for techno commercial […]

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India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA

While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region represent nearly 15% of the global total. Several other countries, […]

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