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Enfinity Global Raises $242 Million Funding For Solar Plants

Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […]

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MP, Rajasthan, Karnataka Lead In Power Subsidies

According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […]

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Why The Solar Industry Needs To Push For A Circular Economy

By Bharat Bhut, Co-Founder And Director, Goldi Solar The latest IPCC report shows greenhouse gas emissions continue to rise, and current plans to address climate change are not ambitious enough to limit warming to 1.5°C above pre-industrial levels—a threshold scientists believe is necessary to avoid even more catastrophic impacts. This can be largely attributed to […]

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Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar

The news of India’s ambitious solar and renewable energy targets  has thrown up the possibility of as many as one million jobs in another three years’ time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance  and spread of renewable energy, especially solar. […]

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MSEDCL’s 500MW Solar Tender Awarded to SJVN, Tata Power & Others

Maharashtra State Electricity Distribution Company’s (MSEDCL) had announced an auction to purchase power from 500MW solar tender of grid-connected intrastate solar projects (Phase-VII). SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir Agro Energy, and Avaada Energy were announced as the winners. The tender was released by MSEDCL in June of this year. […]

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Australia Steps Up New Initiatives Towards Net Zero By 2050

In a significant break from the previous administration, the Australian federal government has proposed legislation that will secure Australia’s pledge to reach net zero by 2050 as well as provide greater monitoring and accountability over climate change progress. The Climate Change Bill 2022, as it is known, consists of four essential provisions that the MPs […]

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Central Electronics Invites Bids For 15 Lakh Multi-Crystalline Solar Cells

Central Electronics Ltd (CEL) has floated a tender for the supply of 15 Lakh Multi-Crystalline solar cells. According to the tender, the output wattage of each PV cell should be 4.63Wp per cell or higher & each cell also has five busbars in length. Each cell should be 156.75 x 156.75 mm +/-0.25 mm or […]

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CERC Rejects ReNew Power Plea On Force Majeure for 250 MW Wind Project

In an order dated July 29, the Central Electricity Regulatory Commission (CERC) has rejected multiple contentions by ReNew Power regarding a 250 MW ISTS connected wind energy project for 250 MW that it had won in 2018. ReNew had made SECI, as well as multiple state discoms that are buying power from the project respondents […]

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Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles

Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […]

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