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BESCOM Planning For 650 EV Charging Stations in Karnataka

BESCOM has revealed that it plans to install 650 EV charging stations in the state of Karnataka, with 100 stations planned for Bengaluru. The Bangalore Electricity Supply Company (BESCOM) has revealed that it plans to install 650 Electric Vehicle charging stations in the state of Karnataka, with 100 stations planned for Bengaluru. The proposal has […]

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Target Commits to Sourcing 100% Renewable Electricity by 2030

Target Corporation, the eighth-largest retailer in the US plans to source 100 percent of its electricity needs from renewable energy sources by 2030. Target Corporation, the eighth-largest retailer in the United States has announced its plans to source 100 percent of its electricity needs from renewable energy sources by 2030. The goal will apply to […]

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Adani Green Energy Raises Rs 402 crore Through Offer For Sale

Adani Green Energy has offloaded roughly 6% stake and raises Rs 402 cr capital through OFS Adani Green Energy on Friday said that it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 percent of the equity should […]

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Jolywood Signs Agreement For 320 MW Solar Project with Shanghai Electric

Jolywood and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power project. Jolywood, a leading Chinese manufacturer of N-type bifacial solar cells and modules, and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power station to deliver clean and renewable […]

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Oorja Solutions Wins $100K For Developing Solar Pumps in India

Oorja Development Solutions, a spin-out company from Imperial College London, is the winner of the Cisco Global Problem Solver Challenge. Oorja Development Solutions, a spin-out company from the Imperial College of London was awarded $100,000 for winning the Cisco Global Problem Solver Challenge. The social enterprise, co-founded in 2016 by Dr. Clementine Chambon of the Department of […]

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BSE India INX Launches Dedicated Green Bonds Trading Platform

BSE-owned India International Exchange on June 12, 2019 said it has launched an exclusive platform for trading in green bonds. The platform — GSM (Global Securities Market) Green — has gone live on Wednesday, India International Exchange (India INX) said in a statement. “On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green […]

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Azure Power Announces 29% Gain in Revenue For FY 2018-19

Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […]

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Market Consolidation will Promote R&D and Growth of Solar: Heraeus

Heraeus Photovoltaics has stated that there is strong evidence that the PV market continues to outperform forecasts. Additionally, current industry consolidation will actually set the stage for a period of high-impact, uncapped innovation. Those insights were some of the major themes of an industry briefing by Heraeus Photovoltaics President Martin Ackermann at the 2019 SNEC […]

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WWF Report on Renewable Energy Demand in India: Corporate Buyer’s Perspective

The corporate sector accounts for about 50 percent of total electricity consumption in India. The sector, therefore, has a critical role to play for India to achieve its ambitious renewable energy targets of 175GW installed capacity by 2022. The electricity sector has transformed rapidly with a substantial fall in renewable energy prices (solar and wind […]

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