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6 Myths Blown Away By India’s Power Crisis

The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […]

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Omnidian Secures $33 M to Help Firms Manage Solar Assets

Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […]

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Chalet Hotels is Now World’s 1st Hospitality Co to Join Climate Initiatives

Chalet Hotels Limited (CHL), owner, developer and asset manager of high-end hotels in key metro cities in India, has claimed to be the first hospitality company, globally, to join Climate Group’s RE100, EP100 and EV100 initiatives linked to renewable electricity, energy efficiency and electric mobility respectively. The announcement comes during the Climate Week NYC 2021, […]

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A PLI Scheme For Inverters Could be a Game Changer for India

For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […]

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Spanish Firm Designs System To Maximize RE In Commercial Buildings

Spain-based Wallbox has unveiled Sirius: an innovative energy management solution designed to maximize use of renewable energy in commercial buildings. Representing a big shift from the traditional one-direction flow of electricity from the grid to the building, Sirius is capable of managing various energy sources and will automatically choose the greenest or cheapest one available […]

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MoP Launches Regulatory Compliance Division to Monitor Discoms

The Ministry of Power (MoP) has set up a regulatory compliance division to monitor the various regulatory parameters and their compliances by the DISCOMS (distribution companies) as well as state commissions. The information was revealed in a recent interaction between Union Minister of Power and New & Renewable Energy RK Singh and electricity regulators. The […]

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Storage Integrator FlexGen Bags $150 M Investment from Apollo Funds

Apollo Global Management, an alternative asset management group, has announced a $150 million equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will be made in partnership with FlexGen’s existing investors, Altira Group and the founding investment group led […]

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TPREL Commissions 100 MW Solar Project At Raghanesda, Gujarat

Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power has successfully commissioned 100 MW Solar Power project at Raghanesda Solar Park, Gujarat. This project is another landmark for TPREL, as in the first year of its operation, the 100MW plant is expected to generate 255 million units. Raghanesda Solar Park, located […]

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Innowatts Deploys Grid Edge Solutions in US & UK

Gurugram-headquartered Innowatts, an AI-based solutions provider, has announced the deployment of its grid edge management solutions in collaboration with several major partners- the City of Fargo, North Dakota, US; Scottish and Southern Electricity Networks (SSEN), UK; etc.- which are seeking to accelerate their energy transition. Innowatts’ Grid Edge Management module enables fully automated and near […]

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