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US Plans $65Bn Investment In Offshore Wind, But Faces Constraints

The American Clean Power Association (ACP) released the 2024 Offshore Wind Market Report, which projected the clean power industry to invest $65 billion in offshore wind projects by 2030. This can support 56,000 jobs in the United States. There are currently 12 gigawatts (GW) of projects with active offtake agreements, including 4 GW under active […]

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Green Stocks July 9: KPI Green Energy Stock Price Moves Up By 2.08%

The recent announcement of the revised ALMM list seems to have brought back confidence in solar EPCs, with the stock process of most of the green companies shooting up. Today, apart from Shakti Pump and JSW Energy, whose stock prices dropped 5% and 2.62% respectively, the rest of the green stock prices were in the […]

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Godrej Electricals Commissions 12.5 MWp Solar Project In Madhya Pradesh

Godrej & Boyce’s commercial unit, Godrej Electricals & Electronics, recently commissioned a 12.5 MWp (Megawatt peak) rooftop solar project for a textile mill in Madhya Pradesh. This solar installation is part of one of the three large projects, which spans 1 million square feet of massive manufacturing sheds. This project would allow the textile plant […]

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Torrent Power, ARS Steel Collaborate To Build 50 MW Solar Project In Tamil Nadu

Torrent Power subsidiary TU14 recently signed a share subscription and shareholders’ Agreement (SSSA) with ARS Steels & Alloy International Private Limited. This agreement was signed between Torrent Power Limited, ARS Steels & Alloy International Private Limited and Torrent Urja 14 Private Limited (TU14). Torrent Power announced the signing of share subscription and shareholders’ agreement amongst […]

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Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study

Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […]

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ALMM: India’s Solar Module Manufacturing Capacity Touches 50.8 GW

India’s total enlisted solar module manufacturing capacity has now touched 50.8 Gigawatt (GW), the latest ALMM list issued by the Ministry of New and Renewable Energy (MNRE) revealed. The recent Approved List of Models and Manufacturers (ALMM) lists a total of 93 solar module manufacturing plants in India, against the earlier figure of 90.  The […]

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News Briefs July 9: Largest BESS In Netherlands, Vietnam Green Policy, Thai Solar Deal

Netherlands ‘largest’ co-located BESS Commissioned By Powerfield Dutch independent power producer (IPP) PowerField has commissioned a 52MWh BESS at a PV plant. Co-located with a 28MWp solar PV plant, the battery is supposed to be the largest in Netherlands. The solar and storage project in Wannepervee combines 28MWp of solar with a 52MWh BESS. The […]

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Cumulative Shipments Of 210 mm Modules Cross 260 GW Mark In Q1

By the first quarter of this year, cumulative shipments of 210mm modules (including 210R) have exceeded 260GW, according to a survey by TrendForce, a Taiwanese market research company. In addition, 7 out of the top 10 module manufacturers are producing 210mm N-type modules, ensuring that 210mm N-type modules more than hold their own against 182 […]

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Inox Wind Bags 200 MW order for Its 3 MW Turbines

 Inox Wind Limited (IWL) has bagged an order for 200 MW from a renewable C&I power producer. The order is for IWL’s latest 3 MW Wind Turbine Generators (WTGs) and the scope comprises of end-to-end turnkey execution. Additionally, Inox Wind will provide post commissioning multi-year operations & maintenance (O&M) services. The project will be executed […]

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