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Microsoft Commits to New Climate Goals: 100/100/0 by 2030

Tech giant Microsoft has announced new goals: by 2030, the company will have 100% of its electricity consumption, 100% of the time, matched by zero carbon energy purchases. The new commitment expands the scope of Microsoft’s existing aims to execute power purchase agreements equivalent to 100% of its energy needs by 2025. “At Microsoft we […]

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New Maharashtra EV Policy Hikes Subsidies, Incentives

Following the footsteps of various states, the Maharashtra government has also announced an upgrade to its EV policy of 2018, earlier than its previous plans from April 2022. The new policy aims to use the state’s pre-eminent role as a manufacturing centre, as well as provide local support to EV adoption. Valid till March 31, […]

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US Energy Secretary Talks Up 90% Reduction In Storage Costs by 2030

US Energy secretary Jennifer Granholm has indicated a target to reduce grid scale energy storage costs by 90 percent by 2030, to create conditions for the amount of storage that will be required by then to ensure stable grids and make the best use of renewable energy production by then. She was speaking as part […]

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SECI’s 1200 MW ISTS Connected Solar Tender For Karnataka Is Out

The Solar Energy Corporation of India (SECI) has finally floated the much awaited 1,200 MW ISTS-connected  (Interstate transmission system) solar tender for (Tranche X) in Karnataka. A large tender for Karnataka comes after a significant gap, considering the high penetration of renewable energy in the state already. The last date to submit bids is Friday, […]

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NHPC Enters Rajasthan, with 600 MW Solar Tender

Hydro energy PSU NHPC (National hydroelectric Power Corp), which has also made some strong solar energy plans, has invited bids for a 600 MW ISTS (Inter State Transmission System) connected solar project. The tender, which covers engineering, procurement, and construction (EPC) for the project/s, is planned for Deora village of the Jaisalmer district in Rajasthan. […]

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NTPC Signs MoU with Ladakh For Country’s First Green Hydrogen Mobility Project

NTPC Renewable Energy Ltd. (REL) has signed a Memorandum of Understanding (MoU) with the Union Territory of Ladakh to set up the country’s first Green Hydrogen Mobility project. NTPC REL, a wholly-owned subsidiary of NTPC, announced that this MoU will enable it to help Ladakh develop a carbon-free economy based on renewable sources and green hydrogen. This […]

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Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction

We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […]

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Hero Electric Raises Rs. 220 Crores From GII and OAKS

Hero Electric, the market leader by sales in the electric two wheelers, has raised an investment of Rs. 220 Crore from a UAE-based financial services company Gulf Islamic Investments (GII), and an existing investor, OAKS investment partner. the funds will be deployed as Hero Electric seeks to make an impact in the crowded electric two […]

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