SUBSCRIBE NEWS LETTER

clean energy transition

Surged Financial Backing Spurring the Indian RE Growth: Report

As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […]

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EKA Mobility bags 250 E-Bus Order From Nagpur Municipality

EKA Mobility (Pinnacle Mobility Solutions Pvt. Ltd.), a leading electric vehicle manufacturer has won a new order from the Nagpur Municipal Corporation (NMC) for supplying 250 electric buses. The fleet will serve major routes across the city, enhancing the quality of public transport while significantly lowering operational costs and emissions. The contract for this service […]

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AMPIN Achieves Financial Closure For 200MWp Hybrid Project

Renewable energy company AMPIN Energy Transition has announced financial closure for its 200MWp Solar-Wind Hybrid project situated in the state of Rajasthan. The green loan financing for the project has been secured from Standard Chartered. The total investment for this project is valued at Rs 944 crores (~USD113 Million). Upon completion, the solar-wind hybrid plant is expected […]

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Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT

Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […]

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Credence, Krannich Partner To Supply MonoPERC & Topcon Modules

Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […]

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Focus On Avoiding Renewable Curtailments-IEA Prescriptions

Renewable energy sources such as solar and wind power are growing at a rapid pace. Naturally, the transition is also driving significant transformation for the global energy landscape. In 2024, global renewable energy capacity is expected to increase by almost 20 percent, building on the record growth of 60 percent seen in 2023. While this […]

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Gensol Bags 23 MW Rooftop Solar Contract In UAE

Gensol Engineering Limited has announced that it has been awarded a prestigious contract by UAE’s leading sustainable development and clean energy development company for the design, construction, and long-term operation and maintenance of rooftop solar photovoltaic (PV) systems for the engineering facilities of a leading aviation company in Dubai. With a total installed capacity of 23,178 kWp (23 […]

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Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain

The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that are harder to electrify, such as transport, industry, and heating.  […]

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India’s Solar Sector Buoyant On New Growth Trajectory

FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […]

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