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Electricity Act

Shell and Inaccess to deploy Unity Platform in 100MW Hybrid Project

As part of its global push in the renewable energy space, global energy firm Shell has developed a hybrid asset in the Netherlands in collaboration with Inaccess that would help in monitoring and controlling the renewable energy project. The Shell-developed renewable power plant consists of a 50MW photovoltaic power plant and a 50MW wind farm. […]

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Andhra Pradesh And Adani Green Sign 60,000 Cr MoU

Andhra Pradesh and Adani Green Energy signed a Memorandum of Understanding (MoU) on May 23 to set up two mega green energy projects at an estimated cost of Rs 60,000 crore in the State. Besides establishing a 3,700 MV hydro storage project, the renewable energy company will also set up a 10,000 MW Solar Power […]

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GoodLeap Securitizes $467 Million Residential Solar Loan

Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […]

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Ireland Auctions 80 New Wind And Solar Projects

Ireland recently auctioned 80 new wind and solar projects amounting to 1.9 GW. Chosen from among 130 renewable energy projects, the 80 new projects were awarded in Ireland’s latest Renewable Energy Support Scheme (RESS 2) auction. Submitted to the auction, 50 projects failed to qualify for state support in spite of totaling 998 MW of […]

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Tata Motors and Tata Power Continue Cooperation To Expand Solar Rooftop With 7 MWp

Continuing with the push towards sustainable manufacturing Tata Power and Tata Motors have joined hands for the development of a 7 MWp solar rooftop project at Tata Motors’ Passenger Vehicle Plant in Chikhali, Pune. This is the third phase of a joint 17 MWp on-site solar project developed by the two companies, of which a […]

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Buying An EV in India: Tax, Incentives, Rebates

Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […]

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Gas Lobby Hinders RE Transition In Chile

The Gas lobby is throwing a spanner in the transition to renewable energy in Chile which likes to present itself as a worldwide leader on climate change. Solar and wind projects have been developed across North Chile. But, across most of South Chile people use wood for combustion. A report recently published liberally quoted Chile’s […]

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IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra

Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a […]

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