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Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding

Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […]

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RERC Approves Amended Norms On RE Tariff Determination

The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, notified the first amendment to the tariff determination regulations for renewable energy. It came after the Commission received responses from the stakeholders over its draft regulation on the issue.  The new regulation has been named RERC (Terms and Conditions for Tariff Determination from Renewable […]

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NTPC Invites Bids for Supply of Solar PV Modules for 1.255 GW Khavda Solar Project

NTPC Renewable Energy Limited (NTPC REL), the renewable energy firm of India’s largest energy conglomerate, NTPC Limited, has issued a tender for the supply of solar PV modules for the 1.255 GW Khavda Solar Project in Gujarat.   Manufacturers who are interested will be responsible for transporting 1,584.6 MW of crystalline solar PV bifacial modules with […]

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World Energy GH2 A Step Closer To World’s First Commercial-Scale Green Hydrogen Projects

The Canadian province of Newfoundland and Labrador have announced approval of World Energy GH2’s Crown land applications for Project Nujio’qonik. The land approvals marks the company’s latest major achievement and moves Project Nujio’qonik forward on its path to becoming the first commercial-scale green hydrogen project in North America, and one of the first projects of its kind […]

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CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid Solar

CarbonClear, a data-driven carbon credit standard, has announced a strategic partnership with Innovex, a technology firm based in Uganda that designed and built ‘REMOT’, a leading IoT platform. This partnership aims to revolutionize the way off-grid solar installations contribute to the global climate effort. CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid […]

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Govt Releases Framework For Promoting Energy Storage

The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems.  The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […]

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Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period

The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […]

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Sungrow Reaches 15 GW Order Milestone in Latin America

Sungrow, ranked by some measures as the leading inverter and energy storage system supplier, announced its cumulative PV inverter orders signed in Latin America have reached 15 GW, among which the primary momentum is Brazil with 10 GW, during Intersolar South America on August 29-31, 2023. In addition, the Company introduced several innovations including the new three-phase 220V string […]

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