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APTEL Sees Merit in Petition by Adani Firms Seeking Project Tariff at Rs. 7.01/unit

Appellants Kamuthi Solar Power Ltd (KSPL) and Ramnad Renewable Energy Ltd (RREL). The two appellants involved have Adani Green Energy as their parent company. Respondents  Tamil Nadu Electricity Regulatory Commission (TNERC); Tamil Nadu Generation and Distribution Corporation Limited; Chief Engineer/Non‐Conventional Energy Sources (NCES); Tamil Nadu Transmission Corporation Limited The Appeal The two appeals have been […]

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Launch Of Vida V1: Hero Motocorp Officially Enters EV

India’s largest two-wheeler manufacturer, Hero Motocorp, has finally entered the electric vehicle market with the launch of its pioneer in the sector, Hero Vida V1. Hero launched its first EV model V1 electric scooter at a starting ex-showroom price of Rs 1,45,000 under its new brand Vida on October 7. The scooter comes in two […]

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Avinash Punekar: The New Chief Executive Officer at iCreate

Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the appointment of Avinash Punekar as its new Chief Executive Officer, effective from October 1, 2022. With over three decades of experience in leadership roles across technology and operations in both startups and large businesses, Avinash will lead iCreate’s efforts in incubating breakthrough […]

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The Top 5: Factors Affecting The Price Of Solar Power

Solar energy has grown exponentially in recent years thanks to the global trend of developing low or zero-emission energy. Clocking exponential growth, solar is on the verge of entering a new era of Terawatt solar. SolarPower Europe’s latest Global Market Outlook reveals that worldwide, global solar capacity doubled in 3 years from 2018, bringing the […]

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Ilmatar Gets Aid to Build Finland’s Largest RE Hybrid Park

Finland’s Ministry of Economic Affairs and Employment (MEAE) has granted EUR 19.5 million in aid to Helsinki-headquartered Ilmatar Energy Oy for the development of a renewable energy hybrid park in the areas of Alajärvi and Kyyjärvi of considerable size by Finnish and European standards. The official statement of Ilmatar has held that the hybrid energy […]

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GoodWe Expands Phase II Manufacturing Base, Capacity Upto 30 GW Now

China-based Global Inverter player GoodWe has expanded its  production capacity to 30 GW, post the inauguration of its manufacturing expansion at Guangde, Anhui province of China. For GoodWe, which enjoys leadership in the storage inverter space the expansion follows the strong growth and success it has had worldwide for its products, enabling the firm to […]

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Manager- Back Office for Market Operations

As a Manager- Back Office for Markets Operations, you’ll report to Head of Finance and Risk Management and following tasks would be a part of your job profile: Ownership of all energy revenue and purchase processes for the Markets Operations of Statkraft in India. This includes contract management (with customers, vendors and power exchanges), customer/ vendor master data. […]

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RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt

Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […]

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Orb Energy Secures Follow-On Funding from US DFI

Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […]

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