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Electricity Market

Volkswagen’s Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions

German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have  announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo […]

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candi solar Secures $38 Million Investment Through Equity

candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […]

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Hitachi Energy Plans To Invest $4.5 Bn In Clean Energy By 2027

Switzerland-based Hitachi Energy recently announced its plan to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027. This is double the investments made by the company in the last three years. This investment complements the company’s recently announced $1.5 billion investment in April this year to ramp up global transformer […]

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Programme Associate – Distributed Renewable Energy

Job Duties and Accountabilities:- Desirable Outcomes (first year):- Lead the team to accelerate adoption of distributed RE in atleast one state and support in other states. Conceptualise and execute atleast one innovative idea to scale up the adoption of DRE in the priority state Take up atleast one institutional responsibility or actively work on one […]

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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […]

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REC Prices At Power Exchanges Take A Dip After Tweak In Rules

With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk.  The top management of IEX in its recent investors call told its investors […]

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EU Commission Approves Italian Scheme To Support 4590 MW RE Production

European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […]

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China Flexes Solar Muscle (Again) With 5 GW Project Commissioning

Lest their be any doubt over China’s absolute dominance and leadership in the renewable energy space, especially solar power, the Country reminded the world with a mammoth 5 GW project it commissioned earlier this month. The world’s largest solar project is a massive 5GW solar park in the north-west of the Xinjiang region that covers […]

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India Needs To Increase Renewable Deployments: IEA Report

A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […]

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