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GE Renewable Energy

For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF

The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […]

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HPERC Issues Draft Regulation To Promote Green Open Access

To offer the right to Green Energy Open Access to consumers in Himachal Pradesh, the Himachal Pradesh Electricity Regulatory Commission (HPERC) recently released draft regulation guidelines to promote green open access in the state. Under the regulation, which is termed “Himachal Pradesh Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access and Banking) […]

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Railway Floats Tender For Rooftop Solar In Chhattisgarh

The South East Central Railway’s Bilaspur Division (Electrical) has announced a tender for the installation of 1.88 MW rooftop solar systems across service buildings, station buildings, and residences in Chhattisgarh. The project will be executed in CAPEX mode. This comes at a time when the Indian Railways is working towards decarbonising its operations and boosting […]

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Can Digital Solar Project Make Rooftop Solar More Accessible?

In 2023-24, India’s installed Rooftop Solar (RTS) capacity increased by 2.99 GW, marking the highest annual growth to date. According to the latest data from the Ministry of New and Renewable Energy (MNRE) India’s total installed rooftop solar capacity has reached 13.40 GW by the end of July 2024. Following the launch of the PM […]

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NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs

On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […]

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Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing

Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […]

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IEX’s August Power Market Update

The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […]

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Oriana Power Secures 52 MW Solar Projects From BPCL

Oriana Power Limited announced a new order for a 52 MW solar project worth Rs. 247.88 crore from Bharat Petroleum Corporation Limited (BPSCL). As per the new order, Oriana Power will execute a ground-mounted solar power project with a total capacity of 52 MW. The project will be carried out under the EPC (Engineering, Procurement, […]

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PM-KUSUM: JREDA Awards Contract To Solartive For Solar Pumps

Jharkhand Renewable Energy Development Agency (JREDA) has awarded the contract of solar pumps under the PM KUSUM scheme to Solartive, a water and infrastructure company, the firm said today. Under the project, the company will provide farmers solar pumps with an aim to decarbonise irrigation activities on the farmlands. This project, valued at approximately Rs […]

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