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Maharashtra & Gogoro to Partner on $1.5 Billion Ultra Mega Project

The Maharashtra government presented Gogoro Inc. with an offer letter to enter into an ‘Ultra Mega Project’ agreement to manufacture vehicles, smart battery packs, and battery swap stations, and deploy an open and accessible battery swapping infrastructure in the State beginning late 2023. The announcement was made  by Maharashtra Chief Minister Eknath Shinde. The initiative […]

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World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms

World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […]

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Govt Releases Draft Norms For Green Credit Programme

  The Ministry of Environment and Forest (MoEF) has issued draft rules for the Green Credit Programme. Under this, the ministry plans to incentivize individuals and other entities for their voluntary pro-environment and conservation works. The government plans to start the incentivization programme in a phased manner.  “A phased and iterative approach for implementation of the Programme […]

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Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities

With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […]

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Gujarat Issues Draft Green Energy Open Access Rules

The Gujarat Electricity Regulatory Authority (GERC) has come up with its latest draft regulations for Green Energy Open Access. It has put the draft regulations for public scrutiny and asked the power stakeholders and the general public to send their comments on these by the end of July 26. The new rules have been named Draft Gujarat Electricity Regulatory […]

Plan To Add More Floating Solar Projects: Simarpreet Singh, CEO, Hartek Solar

SaurEnergy: In the last 32 years, the Hartek group witnessed the virtual revolution of the solar sector. How has it changed your approach to the market and the growth? Singh: When we started the solar business, the situation differed from the current scenario. Many consumers were reluctant to go for solar rooftops; there was a shortage […]

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Vikram Solar’s $1.5 Billion US Manufacturing Bet

News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […]

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Polysilicon Prices Continue Slide, Developers Hopeful Of Lower Solar Module Prices

For all the record capacity additions and installations in solar power, polysilicon prices have continued their downward move, halfway into 2023. Rising polysilicon prices, Prices that had peaked at CNY (Chinese Yuan) 360,000/mt ($39/kg) have dropped to as low as 80,000 CNY/Mt (around $9.5 /kg), helping push down solar panel costs for manufacturers. Even as […]

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As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too

Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […]

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