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Govt Asks States To Align With Green Open Access Rule 2022

The Ministry of Power (MoP) recently issued directives for all states and union territories emphasizing on the implementation of amended electricity rules that aimed at promoting green energy open access. The Ministry of Power (MoP) in its notification released on 12th February 2024 in its notification, gave the directive to states to align with the […]

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PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects

Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […]

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IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India

Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […]

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PM Set To Inaugurate RE Projects At UP Global Investors Summit

Prime Minister Narendra Modi announced his plans to launch 14 thousand projects across the state worth more than 10 Lakh crore rupees on his visit to Uttar Pradesh (UP). UP has earlier this year released a tender inviting bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). […]

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World Bank Allocates $300 Mn For RE Projects in Eastern & Southern Africa

The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states. This new facility follows […]

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DhaSh PV Technologies To Invest Rs 346.35 Crore In Karnataka RE Projects

Bengaluru-based sustainable solutions company DhaSh PV Technologies has announced an investment of Rs 346.35 crore towards various renewable energy projects to harness renewable energy sources. In a post on Linkedin, the company stated, “This significant investment by us into an Integrated Junction box including DC connections manufacturing facility, not only reflects our commitment to renewable […]

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Onyx Renewables, Qcells Ink Deal For RE Projects in Massachusetts

US-based clean energy and decarbonization solutions provider Onyx Renewable Partners and clean energy solutions firm Qcells North America have announced plans to develop two community solar and battery projects in Massachusetts, United States. According to Onyx, the projects developed by Onyx have a total of 6.2 megawatts (MW) – 3.3 MW provided by Qcells – […]

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Siemens Energy Invests $150 Mn To Address Shortage Of Transformers

Siemens Energy plans to invest $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs. It said, “Today, only 20% of US large power transformer demand is met by domestic supply with lead times of up to five years. Power transformers provide the link between generation and distribution and are a […]

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UPPCIL Invite Bids For 2 GW ISTS & Infra-State Solar Projects

Uttar Pradesh Power Corporation Limited (UPPCIL) has invited bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). The tender by UPPCIL in this regard read, “On behalf of the distribution licensee of Uttar Pradesh (UP) invited proposal for the procurement of 2 GW solar power from inter-state (IST) and infra state connected […]

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