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GE Renewable Energy

PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households

Days after the Ministry of New and Renewable Energy (MNRE) increased its subsidies for Residential Rooftop Solar, Prime Minister Narendra Modi today announced a dedicated scheme to boost the sector. Modi named the scheme ‘Pradhanmantri Suryodaya Yojana’. As per the announcement of the Prime Minister, under this scheme, the Indian government would target to install […]

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MAHAPREIT, Hero Future Energies Collaborate To Develop RE Project

Hero Future Energies a two-wheeler manufacturing company and Maharashtra Public Sector Undertaking (PSU) MAHAPREIT have announced their collaboration for development of a renewable energy project on social media platform X. The company said, “We are excited to share that Hero Future Energies has signed a MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd […]

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Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report

Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […]

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IREDA Witnesses 67% Profit In Q3, Earnings Per Share Up by 57%

Indian Renewable Energy Development Agency Ltd. (IREDA) recently announced its audited financial results for the third quarter of the fiscal year 2023-24. The company reported a 67% increase in profit, reaching a Profit After Tax (PAT) of ₹ 335.54 crores for the quarter. This performance is attributed to the consistent growth in the loan book […]

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NTPC Issues Tender For 1200 MW Solar Project At Khavda, Gujarat

The National Thermal Power Corporation (NTPC) today issued a tender, seeking bids for the supply of 1200 MW of solar power for the Khadva Solar Project in Kutch in Gujarat.  The tender said, “Project has the DC Capacity (MWDC) – 1515 MWp (378.75 MWp * 4 Blocks). It contains Bi-facial module with minimum Wattage of […]

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Hybrid RE Power Can Cut LCOE Of Green H2 Upto $4.3/kg By 2030: Report

A latest report from Wood Mackenzie claimed that solar-wind hybrid energy can be used to bring down the cost of production of Green Hydrogen. Wood Mackenzie is a research organization that published reports on energy and related issues. The latest report was specifically talked about the roadmap of India’s renewable sector to achieve net-zero. The Wood […]

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AIIB Invests In Eight Solar Projects Of 1.54 GW With Mahindra Susten

The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak total capacity located in India. SEIT is co-sponsored by Mahindra […]

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MNRE Notifies Constitution Of Wind Repowering Committee

The Ministry of New and Renewable Energy (MNRE) has issued a notification pertaining to the constitution of a Wind Repowering Committee. The committee will be chaired by Joint Secretary (Wind), MNRE along with Director (Technical), IREDA Director (Projects), SECI as its members, the notification said. The MNRE committee on Wind Repowering will also have the […]

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FIMER Inverters Light Up Ayodhya’s 40 MW Solar Plant

Solar inverter company FIMER announced supplying its 5 MVA inverters to Jakson Green for a 40MW Ayodhya Solar PV Project, developed by NTPC Green Energy Ltd. Jakson provided a total of 104,580 solar panels for the project.  Ayodhya is now all set to host the consecration of its Ram Temple on January 22. The state […]

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