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First Solar

Five Indian States Take 87% Of PM-KUSUM Benefits

Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme.  The statistics up to June 30, 2023, claimed that India installed […]

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With Recent Project Additions, Juniper Green Energy Exceeds 1.2 GW Renewable Capacity

Juniper Green Energy, an independent renewable energy power producer and operator of solar, wind and hybrid power projects, has crossed 1.2 GW of renewable energy capacity with the recent PPAs/ LOAs secured in the last few months. Projects Won Through Competitive Bidding The firm has been recently awarded 190 MW of wind capacity from GUVNL […]

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EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million

Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […]

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Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24

Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […]

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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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Pimpri-Chinchwad Admin Releases Plan To Increase EV Adoption

Electric Vehicle cell of the Pimpri-Chinchwad Municipal Corporation (PCMC), released the ‘Pimpri-Chinchwad City Electric Vehicle Readiness Plan’ on Wednesday, which proposes nine actionable solutions to transform the urban mobility landscape and further accelerate the EV transition of Pimpri-Chinchwad’s. This region lies at the periphery of Pune in Maharashtra.   The plan created with the technical support […]

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Sungrow Completes Five Years Of Operations in India

Leading global solar inverter brand Sungrow has completed five years of local production in India. The company said that during the last five years, it has grown in capacity and built a stronger business ecosystem in the country. It started its journey in India in 2018. It now dispatches string and central inverters from its […]

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West Bengal Issues Tender for 900 MW Pumped Storage Project

The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […]

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