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MNRE Allows BIPV, Balcony Solar Under PM Surya Ghar

The Ministry Of New and Renewable Energy (MNRE) has now come out with a fresh set of guidelines for the implementation of the PM Surya Ghar Scheme. The scheme aims to install residential rooftop solar systems in one crore households. The new norms clarified that in case of paucity of rooftop space, the consumers can []

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Sodium-Ion Battery Startup UNIGRID Battery Gets $12mn Funding

UNIGRID Battery, a San Diego-based startup developing advanced sodium-ion batteries, has announced a successful close of an oversubscribed $12 Million Series A funding round. The financing was Co-led by Transition VC and Ritz Venture Capital and joined by new investor Union Square Ventures and existing investor Foothill Ventures. The investment will accelerate and scale-up UNIGRIDs []

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Karnataka Proposes New Tariffs For Rooftop Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) in its latest order has proposed revised tariffs for the state for FY25 for grid-connected solar plants. This comes after the state power regulator came out with a discussion paper on the issue recently.  To arrive at the final tariffs for different segments of power generators and consumers, the []

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ArcelorMittal Bremen and wpd To Develop 72 MW Wind Farm In Germany

ArcelorMittal Bremen cooperates with the local wind energy projecter WPD for the planning, construction and operation of Wind farms on the factory premises. Both companies have signed a Memorandum of Understanding. So is the foundation for long-standing cooperation, in which wpd on the ArcelorMittal factory premises in Bremen will build and operate up to ten []

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Volkswagens Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions

German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have  announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo []

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KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction

Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power  India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over []

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Green Stocks June 10: Sterling & Wilson Sees 5% Growth

Renewable energy stocks remained relatively stable today with minor ups and downs in the stock prices of listed green companies. The highest growth in green stock prices was reported by Sterling and Wilson which saw a rise of 5 percent in its stock prices. The other renewable companies which reported minor rise in stock prices []

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Cliantech To Establish 1.2 GW Solar Panel Company In UP

Cliantech Solutions will establish a 1.2 GW fully automated solar panel manufacturing line for Alpex Solar at its new location at Kosi Kotwan in Mathura, Uttar Pradesh. The reason for Cliantechs success is its strategic alliances with top tech firms like GAORUN, which guarantee its clients have access to the best possible quality at the []

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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agencys (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, The prices for minerals and metals which []

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