Author: Chitrika Grover

TPSSL, Indian Bank Tie-Up To Support PM Surya Ghar Muft Bijli Yojana

Tata Power Solar Systems Limited (TPSSL), established its strategic partnership with the Indian Bank through which it aims to support solar rooftops adoption among residential consumers.  TPSSL a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) partnered with the Indian company to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme. Through this partnership, […]

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India Overtakes China As Largest Three-Wheelers EV Market: IEA

International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […]

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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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News In Brief April 23- KP Green Energy, Globeleq, Maxeon

K.P Energy Gets 9MW Wind Project From Bhathwari Technologies Gujarat based K.P. Energy Limited recently received a new order for development of 9MW wind power project as part of wind-solar hybrid power project for captive consumption.This project was awarded by Bhathwari Technologies Private Limited to the company under captive power project (CPP) segment. The project […]

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Green Volt Receives Order For Floating Wind Project in Europe

Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […]

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NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) released a tender inviting online bids for Inter State Transmission System (ISTS) connected wind energy project with a nominal capacity of 1110 MW in Bijapur region, Karnataka, Tranche – II The tender invited shared details for detailed design, engineering, micro-siting, manufacturing, supply, erection, testing, commissioning, and proving the guaranteed […]

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Order Wins, Strong Results Propel Green Energy Stocks on April 22

The renewable bandwagon continues on its merry way, with just two out of the 11 stocks in our basket, ironically enough, the largest firms by revenues failing to rise along with the market today. Whole Tata Power and JSW Energy missed out, for KPI Green Energy, Shakti Pumps, Inox Wind Energy and Waaree Renewable, a […]

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Australia’s Largest Tender Expected To Add 6 GW Of Renewables

The Albanese government today announced its largest single tender for renewable energy in Australia, with the first auction as part of the reliable renewables plan set for late May. The Australian government through the national capacity investment scheme (CIS) tender targets to add 6 GW of new variable renewable energy projects for the National Electricity […]

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Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US

Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […]

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