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MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […]

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Chinese Provinces Seek To Build EV Momentum With Higher Incentives

China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […]

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Green Stocks Sep 10: Green pack outshines Nifty Yet Again

On a day when the benchmark Nifty index rose by 0.41%, most stocks in our green pack comfortably outshone the index. Leading the charge was the venerable Tata Power, which rose over 6.5% on the back of the commencement of cell manufacturing operations. Also rising sharply were the two key wind turbine sellers, Inox Wind […]

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Maharashtra Discom Issues Green Energy Open Access Norms

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now issued guidelines for the roll out of green energy open access in the state. This comes after the Maharashtra Electricity Regulatory Commission had notified its MERC (Distributed Open Access) (Second Amendment) Regulations 2023. The latest regulation allows consumers with contracted demand of 100 kw or […]

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GoodWe Solar Meet In Maharashtra Builds Bridges With Stakeholders

Solar inverter major GoodWe is leaving no opportunity to build a pan India presence. The company’s latest meet in Pune was received warmly by participants, indicating the strong interest in solar solutions and the huge opportunities in Maharashtra particularly. The  customer meet and technical training event was supported by Vashi Integrated Solutions held with Pune, […]

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NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit

NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […]

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Clean Electric Secures $6 Million Funding To Accelerate EV Adoption

Clean Electric, an Indian developer specializing in rapid fast-charging battery technology for electric vehicles and long-life grid battery solutions, has raised $6 million in Series A funding.  The funding round was co-led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other strategic investors. The investment is expected tol […]

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How Extreme Weather Events Are Threatening Wind Projects?

In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […]

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Indian Solar Cell Market Expands As Tata Power Adds 2 GW Cell Making To Mix

With the successful commissioning of the first 2 GWs of Tata Power’s solar cell manufacturing unit at Tirunelveli in Tamil Nadu, the firm has joined the league of the top cell making firms as well.   Under Tata Power Solar, which is a cell and module manufacturing company and a subsidiary of Tata Power Renewable Energy […]

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