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REMCL is Selecting Project Developers for 750 MW RTC Power

Railway Energy Management Company (REMC) Ltd., a subsidiary of RITES Ltd, for and on behalf of Indian Railways, has invited bids in single stage two packet system for selection of project developers for supply of 750 MW Round-the-Clock (RTC) power from grid-connected renewable energy (RE) power projects, with or without storage. The last date and […]

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EV Maker Ola Takes Home INR 3,200 in Fundraising Round

Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […]

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Is Solar Trumping Wind, Again?

Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […]

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Waaree Renewable Q2 Results Stay Strong With 24% Growth YoY

Waaree Renewable Technologies Limited, the Solar EPC /IPP subsidiary of Waaree Group, a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ended September 30, 2023. The firm which has moved to a much faster growth path since 2021-22, has delivered a strong set of […]

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Our PVDF-based backsheet has proven to be a popular product for floating solar market: Avinash Hiranandani, RenewSys

Mumbai-based RenewSys is a global manufacturer of solar PV modules, PV cells, PV encapsulants – EVA, POE, EPE PV backsheets. The firm’s Patalganga solar module manufacturing plant is located about an hour away from the JNPT port in Maharashtra and is home to large format PV modules – mono-facial and bi-facial, glass-glass, and glass – […]

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MoP Warns States Against Levying Charges On Power Generation

The Ministry of Power (MoP) has now issued an order asking states to not levy any additional charges on the generation of electricity from any source ranging from hydropower, thermal to renewable. The ministry even termed the events as “unconstitutional and illegal”.  “It has come to the notice of the Government of India that some State Governments […]

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New York Government Clears the Path for 6.4 GW Clean Energy Projects

The New York state government has announced a slew of initiatives that are set to accelerate capacity additions of renewable energy massively. Notable among these are Community Offshore Wind and Clean Path NY. In a recent announcement that further sets an optimistic tone for New York renewable energy industry, the government has given a green […]

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UPEIDA Issues RFS for Development of EV Public Charging Stations with Battery Swapping System

UP Expressways Industrial Development Authority (UPEIDA) invites bids for the development of public charging stations including Battery Swapping System (optional, based on demand survey) for EVs through PPP mode along various Expressways in the State of Uttar Pradesh. The tender fee to be submitted by the bidder is INR 5,900. The bidder must submit the […]

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NYSERDA Awards 1.3 GW Wind Capacity Under Community Offshore Initiative

New York has provisionally awarded a Community Offshore Wind contract worth 1.3 GW. A joint venture between RWE and National Grid Ventures, Community Offshore Wind will be developed under a phase-wise approach within Community Offshore Wind’s 3.2 GW seabed lease in the New York Bight. The seabed lease was acquired during federal bidding by the […]

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