India

BIPV Consumers Need Better Tariff Support: CSTEP-GIZ Report

The latest draft report prepared by two think tanks batted for preferential tariffs for the consumers of Building Integrated Photovoltaics (BIPV). Centre for Study of Science, Technology, and Policy (CSTEP) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has prepared this document. This document has been prepared as a draft guideline for BIPV in India. The […]

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MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing

The Madhya Pradesh Cabinet has now approved the expansion of the area of ​​Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans.   The Cabinet decided to add 442.04 acres of land in Industrial […]

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SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra

The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […]

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Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data

The latest government data revealed that Gujarat and Maharashtra topped the list under Component C of the PM-KUSUM scheme. The scheme is aimed at solarising existing agricultural pumps and feeders. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik recently submitted data on the scheme’s implementation in a written reply to the […]

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Green Stocks Dec 4: Adani Green Stock Price Plunges Again

Wednesday presented a mixed day for the renewable energy companies in the stock market. Controversy hit Adani Green today and witnessed a further plunge in its stock price. The company’s stock today reported a 3.83% decline. The limelight today was on the Hyderabad-based solar cell and module manufacturing company Premier Energies with a rise of […]

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Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz

Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy.  Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […]

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Govt Released Rs 1,325 crore Till Now For PM-KUSUM

Latest data from the government furnished before the Parliament revealed that the government has infused around Rs 1,325 crore for promoting solar irrigation. This was done with the central funding for the PM-KUSUM scheme, dedicated to boosting solar irrigation across the country. The latest data said that the government invested a total of Rs 1,325.77 […]

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Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects

Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […]

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127 GW Of Renewable Projects Under Tendering Process: Govt

Minister of State (MoS) for Power Shripad Naik in a statement before the Parliament said that around 127 GW of renewable projects are under the tendering process in the country. The MoS in his statement talked about the strides the country is taking to boost its green energy portfolio. He said India currently has a […]

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