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Gujarat Releases Draft Renewable Energy Policy-2023 with Focus on Wind-Solar Hybrid Technologies

The Government of Gujarat has notified the Renewable Energy Policy-2023 for further encouraging setting up of renewable generation projects based on wind, solar and wind-solar hybrid technologies. The policy will come into effect from the date of notification and shall remain in operation up to June 2028 or till notification of the new policy, whichever […]

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Hero Future Energies Partners with Bangladesh for 100 MW Sonagazi Solar Park

Hero Future Energies has announced the signing of a Memorandum of Understanding (MoU) with the Electricity Generation Company of Bangladesh (EGCB), a subsidiary of the Bangladesh Power Development Board (BPDB), for the development of a 100 MW solar power plant at the Sonagazi Solar Park in Feni District, Chittagong. The solar park is being developed […]

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Hyundai, Georgia Tech To Invest $12.6bn To Boost Electric Mobility

Georgia Tech and Hyundai Motor Group have signed a Memorandum of Understanding (MoU) to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The group is investing $12.6 billion in Georgia’s new […]

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India’s Li-Ion Market Will Touch CAGR of 14.8% in 2023-’28: IMARC

A study by IMARC Group, called “Indian Lithium-Ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” makes interesting observations about India’s lithium-ion battery market. As per the study, the Li-Ion market of the country reached US$ 2.5 Billion last year. The study says that the market will touch US$ 5.9 Billion by […]

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IREDA Partners with Bank of Maharashtra for Renewable Energy

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […]

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Alight to Mark Entry into Finnish Market with Over 100 MW Solar Park

Europe’s solar developer and Independent power producer, Alight has revealed that it is set to mark its entry into the Finland with a solar park project of over 100 MW, helping with the yearly energy needs of close to 20,000 homes. The ground-mounted project will spread to an area of more than 123 hectares located […]

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Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months

New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year.   Fossil fuels generated 34 […]

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REC Limited Funding Push Continues With Deals For Serentica, GreenKo

REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late.  REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […]

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Sunpure & AMP Energy India in Agreement for Robotic Cleaning Systems for 300 MW

SUNPURE, which specializes in PV intelligent cleaning robot business, has joined hands with AMP Energy India to supply water-free robotic cleaning systems for 300 MW of capacity. The contract paves the path for the supply of fully automatic and semi-automatic advanced versions of SUNPURE robotic cleaning systems. These will see installations of 1 P single […]

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