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Maharashtra E-tender for a 105 MW Floating Solar Project

Maharashtra State Power Generating Company Limited (MSPGCL) has floated an e-tender for a 105 MW floating solar plant. This solar project will be a grid-connected floating solar plant. The successful bidder will develop the floating project at Erai Dam Solar Park in the Chandrapur district of Maharashtra. The last date for submission of bids is […]

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CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa

Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […]

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Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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Amplus Solar To Include Tata Motors ACE EV In Its Clean Mobility Fleet 

Amplus Solar’s Electric Mobility vertical has entered an MoU with Tata Motors Limited regarding the procurement of the new Ace EV, strengthening its fleet for clean mobility solutions. As part of it’s clean mobility solutions, Amplus Solar provides electric vehicle fleets for cargo delivery to the nation’s top e-commerce, on-demand logistics and other companies on […]

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Eastern Railways Iconic Jamalpur Workshop To Go Solar

In its ambitious push to become a ‘Carbon Neutral Railway,’ the Eastern Railway is also leaning heavily on solar power. Coming up next is a 3.7 MWp roof top and shed solar power plant at its Jamalpur Workshop for 25 years. The Jamalpur Workshop, or Jamalpur Locomotive Workshop was established on 8 February 1862 as […]

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ACME Group Makes Rs 50,000 cr For Green Hydrogen Production in Karnataka

Gurugram-based ACME Cleantech Solutions Private Limited has announced that it has signed a Memorandum of Understanding (MoU) with the state government of Karnataka where it has proposed the setting up of a sizeable green hydrogen and ammonia plant. ACME’s plan envisages that it will be investing Rs 51,865 crore ($6.7 billion) in Karnataka within five […]

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India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22

India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […]

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South India’s Second Big Renewable Push Starts Now

Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […]

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