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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records

The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […]

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LOHUM & Altigreen Sign Strategic Partnership for Low Carbon Recycling of 1 GWh EV Batteries

LOHUM, a producer of sustainable energy transition materials and Altigreen, a manufacturer of commercial cargo electric vehicles, have announced a strategic partnership aimed at addressing the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry. Under the partnership, LOHUM will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM™ technology, recovering […]

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Renewable Record of 8 GW Solar and Wind Installations in H1 of 2023 in Germany

Germany saw an impressive growth in renewable capacity addition in the first half of this year. A record 8 GW in new solar and wind installations have been commissioned in Germany during the first half of this year. This data comes from an initial analysis of the Market Master Data Register (MaStR), which is maintained […]

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Rajiv Kumar Porwal Takes Over as Director (System Operation) at Grid India

Rajiv Kumar Porwal has stepped into the role of Director (System Operation) of Grid Controller of India Limited (Grid-India) formerly POSOCO. The appointment came into effect on July 7, 2023. Before being elevated to this role, he was contributing as Executive Director, Northern Region Load Despatch Centre (NRLDC), Grid-India. R K Porwal holds a Bachelor’s […]

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Indu Shekhar Chaturvedi Assumes Role of Director General at Electric Power Transmission Association

The Electric Power Transmission Association (EPTA), an association consisting of leading private electricity transmission developers, industry stakeholders, and experts in electricity transmission, announced the appointment of Indu Shekhar Chaturvedi to the position of Director General. In his role, Chaturvedi will be responsible for leading EPTA’s efforts to promote the development of a robust, reliable, and […]

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CEA Proposes Reconductoring Of ISTS Transmission Lines Under RTM Mode

The Central Electricity Authority (CEA) issued a draft discussion paper on reconductoring ISTS (Inter-State Transmission System) lines. The central authority said that this could augment power transmission capacity and standardize the system.  The government agency asked the stakeholders and the general public to send in their objections and comments on the same by July 17, […]

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