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First Solar

Duke Energy Offers RECs For Residential, Small Biz in Florida

American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […]

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Govt Releases New Bidding Norms For Hybrid Projects

The Ministry of Power has now developed its latest bidding guidelines for solar and wind hybrid projects. It will apply to all intra-state hybrid projects with a capacity of 10 MW and more and to all those with 50 MW or more capacity. The norms said that the rated power capacity of one resource (wind […]

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ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations

On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […]

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IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24

The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […]

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JREDA Issues Tender To Empanel Vendors Under PM-KUSUM

The Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for the empanelment of vendors for installations of solar pumps under the PM-KUSUM scheme.  The tender was meant for vendors who would be liable to design, manufacture, supply, transport, install, test and commission off-grid solar pumps. The scope of work encompasses the supply of solar […]

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Growatt Unveils New C&I Inverter ‘MID 33-50KTL3-X2’ for India

Growatt, a global distributed energy solution provider, has established a development platform to enable the development of and iterate products efficiently. The firm, guided by its R&D team, has introduced its latest inverter– the ‘MID 33-50KTL3-X2’ , which, it says, is poised to address critical challenges faced by the rapidly developing photovoltaic (PV) industry. India […]

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MNRE Releases Revised Strategy for Establishment of Offshore Wind Energy Projects

The revised strategy for establishment of offshore wind energy projects has been chalked out and released recently by the MNRE (Ministry of New & Renewable Energy). Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind […]

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Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA

IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […]

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Sungrow Signs127 MWh Energy Storage Deals In Israel

Sungrow, the global leading inverter and Energy Storage System (ESS) supplier, has inked a milestone deal with EDF Renewables Israel, the leading renewable energy company in Israel, to deliver cutting-edge liquid-cooling storage systems PowerTitan for a substantial 127 MWh energy storage projects. These projects with  EDF Renewables Israel follow the successful signing of previous 50 […]

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