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US Firm AES Unveils New Solar Installation Robot

AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […]

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Wind, Water, Solar Trio Ensures Grid Stability for US States, Says Stanford Study

Wind-Water and Solar (WWS) ensures grid stability and zero blackouts. A new study conducted by Mark Z. Jacobson and colleagues at Stanford University claimed this, as they analyzed grid stability in over 50 U.S States and District of Columbia. Jacobson is a Professor of civil and environmental engineering at Stanford. The new research, an effort […]

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KKR Launches New RE Platform ‘Stellar Renewable Power’

Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […]

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Green Products to be Cheaper After EU Changes VAT Rules

European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change, health protection and making the EU more ready for the digital age. At the same time they agreed to phase out by 2030 some of […]

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CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs

In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in  the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […]

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GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status

In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […]

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Fortum Charge-Plug Mobility To Boost Indian EV Charging Infra for 4Ws

Plug Mobility from Carzonrent India Private Limited, an Electric Vehicle Mobility as a Service brand, has partnered with Fortum Charge & Drive India Pvt. Ltd. (Fortum C&D), a Nordic Electric Vehicle (EV) charging service provider, to provide charging infrastructure for Carzonrent fleet of 19000 cars to be inducted over the next 5 years across India. […]

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EV Solutions Firm Magenta Invests in EV Component Maker Axiom

Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s oldest EV component manufacturers, said an official statement. With the Magenta Axiom investment and partnership, plans are afoot to develop a greenfield manufacturing setup dedicated to EV powertrain components, including chargers, convertors, […]

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NITI Aayog & Partners Launch India’s 1st E-bus Coalition

NITI Aayog has launched the e-Sawaari India Electric Bus Coalition in partnership with Convergence Energy Service Limited (CESL) and World Resources Institute, India, (WRI India), and supported by Transformative Urban Mobility Initiative (TUMI). Through the e-Sawaari India Electric Bus Coalition, the central-, state-, and city-level government agencies, transit service providers, original equipment manufacturers (OEMs), financing […]

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