SUBSCRIBE NEWS LETTER

ib solar

Adani Group Announces Setting Up Of 30GW Green Energy Park In Gujarat

Gautam Adani, chairperson of Adani Group recently announced the launch of green energy park that is coming up in Gujarat, Rann of Kutch. In the announcement on X a social media platform he shared details of the upcoming green energy park of 30GW.  “Proud to play a crucial role in India’s impressive strides in renewable […]

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Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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Startup India & Avaana Climate Launch Grand Challenge for ClimateTech Innovation

Avaana Climate & Sustainability Fund, an early-stage VC that invests in disruptive technology-led climate startups, in collaboration with Startup India, a flagship initiative of the Government of India has unveiled the ‘Grand Challenge for ClimateTech Innovation’. This initiative aims to identify and support entrepreneurs building world-class solutions, to aid India and the entire world, in […]

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Wind Energy Takes Centre Stage at COP28

COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts.  1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […]

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Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report

A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […]

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IEX Power Market Update for November 2023

Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […]

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Growatt Introduces New Generation of MAX Inverter Series For C&I Segment 

Growatt has introduced an upgraded version of its MAX inverter series. The demand for solar panels with higher power outputs continues to grow, driven by the need for more energy generation in limited spaces, such as commercial and industrial scenarios. Ongoing development of solar cell technologies have contributed to the development of high-current modules. The […]

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