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clean energy investment

Rajasthan Issues New Policy To Offer Incentives For RE Projects

To use the untapped renewable energy potential in Rajasthan, the state government released an Integrated Clean Energy Policy. It targets the establishment of 125 GW of renewable power projects by 2029-30. To fulfill its mission, the plans to add 90 GW of solar, 25 GW MW of Wind & Hybrid, and 10 GW of Hydro, […]

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Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz

Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy.  Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […]

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Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India

Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […]

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US Imposes New Tariffs On Solar Modules From Southeast Asia

The US Commerce Department has announced a new round of tariffs on solar panel imports from four Southeast Asian countries. The US tariffs are in response to complaints from American manufacturers that companies in these countries are selling solar panels at unfairly low prices. The US tariffs will be imposed on solar panels from Malaysia, […]

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O2 Power Signs PPA With Railways To Supply Renewable Power

Indian renewable energy company O2 Power has signed a Power Purchase Agreement (PPA) with East Central Railway (ECR) to supply renewable power. The energy will be sourced from O2 Power’s 360 MW installed capacity spanning Rajasthan, Gujarat, and Karnataka. This aligns with Indian Railways’ efforts to achieve net-zero emissions. Indian Railways has planned to go net-zero […]

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Top 5: Largest Solar Projects in the Middle East Region

The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […]

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RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report

A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […]

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First Move To Target IRA Incentives Takes Shape In US Congress

In an early indication and test on the impact a Trump Presidency will have on its clean energy ambitions, the US House of representatives has a bi-partisan resolution to consider. The resolution in question proposes suspension of the 45X Advanced Manufacturing Production Tax Credit (PTC) in the US, an incentives that has been a key factor […]

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NTPC Green Floats JV To Set Up RE Projects In Andhra Pradesh

NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, has entered into a joint venture (JV) with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects in Andhra Pradesh. This collaboration is poised to attract an investment of ₹2,00,000 crore to the state. The JV will spearhead the […]

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