Home » Daily Newsletter » IEA’s PVPS Report 2024- Five Key Highlights
The International Energy Agency's PVPS program or Photovoltaic Power Systems Programme is promoting and facilitating the exchange and dissemination of information on the technical, economic, environmental and social aspects of PV power systems. it currently has 31 members, with India, and even the India backed...
On yet another down day for the markets, our green pack continued to more than hold its own, with 7 of the 11 stocks being tracked in the green. Leading the charge, besides the by now inevitable upper circuit for Waaree Renewable, is KPI Green...
The Ministry of New and Renewable (MNRE) today published the draft guidelines under the newly announced PM Surya Ghar Muft Bijli Yojana. The new draft norms proposed the concept of rating the vendors installing rooftop solar systems for the residential consumers. The ministry said that...
IREDA's Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs...
Juniper Green Energy has commissioned its maiden wind power project, which can contribute 70 MW to Gujarat's renewable energy capacity. Currently, Gujarat has 25.2 MW operational capacity as part of the project's progressive rollout. Juniper's project was commissioned in almost 9 months before the scheduled...
Renewable energy company--CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons...
Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power...
Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised...
India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is...
Premier Energies subsidiary Premier Energies Photovoltaic has secured a 140 MW PV modules supply order from Amara Raja Infra for a solar project in Bangladesh. The project is being executed on an EPC basis by Hyderabad-based Amara Raja Infra. The module supply is expected to...
The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL...
The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Woochong Um as its new Chief Executive Officer. Woochong Um will lead GEAPP following his tenure with the Asian Development Bank. GEAPP is a multi-sector alliance created in 2021 to address...
The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the...
Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed...
Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina's solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country's solar...
Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement...
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