Author: Prasanna Singh

India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared

September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […]

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Two Point O Capital Raises $6.3 Million From Omnivore, Others

Two Point O Capital, a climate financing platform for businesses (including MSMEs and rural enterprises), announced today that it has raised $6.3 million in Seed funding. VC fund Omnivore led the round with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of angel funders. Two Point O aims to address the […]

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4-Year Project Delay Proves Expensive For Rajasthan Solar Developer

The Appellate Tribunal For Electricity (APTEL) bench has gone with the views of the Rajasthan Electricity Regulatory Commission (RERC) in a case (appeal no 172 of 2019) involving a solar power developer, Arjun Green Power Pvt Limited against the order of the former. Case Overview: Arjun Green Power Pvt. Ltd., a solar power developer, appealed […]

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Sunsure Energy’s Contrarian Approach Pays Off 

Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO),  Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […]

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GK Energy Gears Up for The Solar Pump Boom

For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […]

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Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans

At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […]

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Solar Pump Maker Solartive Seeks A National Opportunity

Fayyaz Ashraf,33, Director at Solartive is a man in hurry. Five years after he formally pushed into the solar water pump business, he has taken the small, Ranchi-registered firm through a massive transformation from hometown Chatra in Jharkhand, to the state capital Ranchi. The change has meant a transition from a basic 4×8 small shop […]

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ALMM Of PV Cell Manufacturers In 18 Months, Proposes MNRE

The Ministry of New and Renewable Energy, in an office memorandum issued on September 7, has proposed extending the ALMM (Approved list of module manufacturers) conditions to solar PV cell manufacturing as well. Thus, it proposes that from April 1, 2026, much like the requirement to source modules only from manufacturers enlisted in ALMM, solar […]

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