Solar News

Larger Cities Set To Get 150 E-Buses Under PM eBus Sewa 

The Ministry of Housing and Urban Affairs (MoHUA) has now released its Prime Minister eBus Sewa guidelines. Earlier on August 16 this year, the Union Cabinet had approved the scheme for augmenting electric mobility in Indian cities. The scheme aims to deploy 10,000 e-buses under PPP mode in 169 Indian cities. The scheme aims to […]

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IREDA Signs MoUs With Union Bank, Bank of Baroda To Finance RE Projects

The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023.  The central government utility said these agreements would empower IREDA to collaborate with UBI and BoB in co-lending and loan syndication for a wide range of […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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Chennai To Host Windergy India Meet This October

Several wind energy behemoths and industry leaders are now all set to hold meetings to brainstorm renewable technologies at the upcoming Windergy India 2023 event. The event has been planned in Chennai from October 4 to October 6 at the Chennai Trade Centre.  A series of conferences with participation from the Tamil Nadu government, the […]

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Delhi Rolls Out Fleet of 400 E-Buses

Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor VK Saxena have today rolled out 400 new electric buses in the capital city. The addition of the buses will augment the number of electric buses to 800 in Delhi. This makes it the city with the largest number of electric buses in the country. The government […]

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IREDA & IIFCL Unite for Financing of Renewable Energy Projects

A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […]

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Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding

Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […]

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RERC Approves Amended Norms On RE Tariff Determination

The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, notified the first amendment to the tariff determination regulations for renewable energy. It came after the Commission received responses from the stakeholders over its draft regulation on the issue.  The new regulation has been named RERC (Terms and Conditions for Tariff Determination from Renewable […]

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GUVNL Gets Nod For Short-Term Power Procurement For Winters

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now got approval for short-term procurement from conventional energy sources to counter the peak demands between September to December this year. The Gujarat Electricity Regulatory Commission (GERC) recently approved the plan of the GUVL. GUVNL, in its petition before the GERC, told the Commission that anticipated peak demand for […]

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