Author: Chitrika Grover

Govt’s New Scheme To Aid In Evacuating RE From Rajasthan, Karnataka

The Union government has now approved new Inter-State Transmission System (ISTS) schemes to evacuate 9 Gigawatt (GW) of renewable energy (RE) from the renewable rich states of Rajasthan and Karnataka. These schemes will be implemented through Tariff-Based Competitive Bidding (TBCB) mode. These schemes are part of the government’s 500 GW renewable energy capacity by 2030 […]

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MNRE Releases Rules For Solar Module, Inverter Enlistment Under PM Surya Ghar

The government introduced the PM-Surya Ghar Yojna this year to boost rooftop solar adoption. In tandem, it established eligibility criteria for solar module enlistment under the same initiative. The key criteria included, The policy set laid down that the module must be enlisted as a star rating of a minimum of three stars under star […]

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Green Stock June 21: Shakti Pumps’ Stock Price Continues To Surge

Stock prices of Shakti Pumps continued to grow for the third consecutive day. Today the Indore-based solar pump company witnessed a rise of 5 percent in its stock prices. Following the suit, Pune-based wind energy company Suzlon reported a surge of 4.99% in its stock price, data from the Bombay Stock Exchange (BSE) revealed.  Company […]

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Hindustan Zinc, AEsir Technologies Join Hands To Develop Zinc Batteries

As part of its efforts to bolster the ongoing global energy transition, Hindustan Zinc Limited (HZL), an Indian-based zinc producer, has signed an MoU (memorandum of understanding) with AEsir Technologies. AEsir Technologies Inc. is a US-based company specializing in zinc battery technologies. Under this MoU, Hindustan Zinc becomes the preferred supplier of Zinc, a key […]

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20% Of Global Power On Summer Solstice Came From Solar: Report

Energy think-tank Ember estimates that today, across the midday peaks on the summer solstice – 20% of the world’s electricity will come from solar, up from 16% last year.  “At 20% share, solar is now a serious global electricity source,” said Kostantsa Rangelova, electricity analyst at Ember. “ Battery costs have collapsed, meaning solar power […]

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NTPC-VVN Invites Bids For 250 MW/500MWh Standalone BESS Project

NTPC Vidyut Vyapar Nigam Limited (NTPC-VVN), a Central Public Center Enterprise released a tender inviting bids for setting up 250 MW/500MWh Standalone Battery Energy Storage Systems (BESS) in India. NTPC VVN invited bids for the selection of battery energy storage system (BESS) developers for setting up 500 MWh (250 MW x 2 hrs) standalone Battery […]

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Waaree Energies Secures 280 MW Order From Mahindra Susten

Waaree Energies Limited, an Indian solar PV module manufacturer with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), signed an agreement with Mahindra Susten. This agreement with renewable independent power producer (IPP), was undertaken to supply 280 MW (DC) of advanced solar modules in Bikaner, Rajasthan. The contract […]

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Green Stock June 20: Shakti Pumps, Gensol Stock Price Rise By 5%

In the stock market today, Gensol Engineering stock rose by 5%, this is followed by Shakti Pump which maintains a 5% positive growth. Other companies whose stock climbed up today are, Borosil Renewables, Tata Power, JSW Energy, SUZLON Energy, Adani Green, and SJVN   Company name Closing Price On May 19 Closing Price on June 20 […]

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MoP Releases Norms To Compensate For Damages Under Right Of Way

The Ministry of Power (MoP) recently issued guidelines for compensating Right of Way (RoW) regarding transmission lines. These guidelines aim to expedite construction and ensure timely completion by addressing RoW issues effectively, particularly in urban areas. The guidelines specify compensation for damages related to RoW under the Electricity Act among other guidelines. The new guideline […]

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