Author: Chitrika Grover

Hybrid Inverters Allowed Under PM Surya Ghar Scheme: MNRE

The Ministry of New and Renewable Energy (MNRE) recently released a document clarifying operational guidelines on the implementation of the PM Surya Ghar: Muft Bijli Yojana. The new clause widened the technologies included under the CFA offered to residential consumers. The new clause as per the latest document issued by the MNRE included additional technologies […]

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ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth

A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […]

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NHPC Issues Tender For 1.2 GW Solar Project With ESS

NHPC Limited has now issued a tender seeking solar power generators for setting up of 1.2 GW solar power projects with 600MW/1200MWh energy storage system (ESS) anywhere in India. The company said that this project will be setup under an Inter-State Transmission System (ISTS) transmission network. It also said that the bidders will get a […]

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Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well

On a day when the markets comprehensively broke new ground and records, the biggest green energy stocks were not to be left behind. Adani Green Energy and JSW Energy led the large-cap developers, while Waaree RTL and SW Solar led the EPCs on a strong day at the markets. The only stocks to miss out […]

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Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance

The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […]

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Sunsure, Kirloskar Sign PPA For 13.5 MWp Solar Project

Sunsure Energy signed a 13.5 MWp solar Open Access Power Purchase Agreement (PPA) with Kirloskar Brothers Limited (KBL), one of the global companies engaged in fluid management solutions. Under this agreement between Sunsure Energy, a renewable energy solutions provider, and Kirloskar Brothers Limited (KBL), Sunsure Energy will supply nearly 2 crore units of green power […]

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Delhi’s CNG-Run Three Wheelers To Go Electric Soon

The Delhi government in its recent order added a new para-transit scheme mandating the replacement of CNG-powered Gramin Sewa vehicles registered under the 2010-11 scheme with electric vehicles (EVs). This revised policy applies to high-capacity three-wheelers and similar other vehicles with a seating capacity of six passengers (excluding the driver) being given permits to ply […]

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Climate Pledge Set To Invest $2.65 Mn For EV Charging Stations

The Climate Pledge, co-founded by Amazon and Global Optimism, is set to build a new project powered by renewable energy. Through this project, over $2.65 million will be collectively invested in these renewable energy-powered charging stations by signatories and partners of firm. This $2.65 million initiative aims to support over 5,500 EVs by 2030 and […]

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PFC Seeks Bids To Evacuate 3 GW Of Renewable Energy From Gujarat

PFC Consulting released a tender requesting proposals for the selection of a transmission service provider through a tariff-based competitive bidding process. The tender invited bids to establish an inter-state transmission system to evacuate renewable power from Raghanesda, Gujarat, for 3GW under phase I. PFC set the 19th of November as the last date for bid […]

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