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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely

MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […]

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Calcium Instead of Lithium Can Make Better RE Batteries

A newly synthesized yet cheap chemical could be the answer to manufacture low cost and high power calcium batteries. The advent of renewable energy with its innate unpredictable nature has brought a global need for effective energy storage. This need has so far fuelled the demand for Lithium which can easily be stored, transported to the […]

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India Halfway Through its 175 GW Target: Environment Minister

Prakash Javadekar has said that India has already achieved half of its renewable energy production target of 175 GW. Union Minister for Environment, Forest and Climate Change, Prakash Javadekar, has said that India has already achieved half of its renewable energy production target for 2022. 175 GW The government plans to achieve 175 GW of […]

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Modi Wants to see India as Solar Power Battery Hub

Amid his thrust on renewable energy, PM Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing Amid his thrust on renewable energy, Prime Minister Narendra Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing, which can play a major role in the country’s march towards clean energy. Responding […]

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We May Soon Say Goodbye to Monofacial

When Solar industry is working on finding various ways to optimize Solar Project cost, second challenge has already surfaced, land use impact. Please do not misinterpret the headline here, since monofacial isn’t going out of the market. Solar PV industry is still working to deploy monofacial particularly in countries where land is still not perceived […]

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EESL Planning to Bring EV Charging Station to Kolkata

EESL is in talks with the West Bengal government for setting up electric vehicle (EV) charging infrastructure in Kolkata and adjoining New Town area. State-owned Energy Efficiency Services Ltd. (EESL) has announced that it is in talks with the West Bengal government for setting up electric vehicle (EV) charging infrastructure in Kolkata and adjoining New […]

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Maharashtra Tenders for Solar Projects Worth 1.35 GW Across 30 Districts

MSEDCL has issued a tender for the development of 1.35 GW of solar PV projects across 30 districts of Maharashtra under the AG feeder program The Maharashtra State Electricity Distribution Company (MSEDCL) has issued a tender, inviting bids from eligible bidders for the development of 1.35 GW of solar PV projects across 30 districts of […]

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SECI Auctions 440 MW of Wind Projects in 1800 MW Tender

SECI has awarded 440 MW worth of wind projects in its latest auctions seeking developers for setting up of 1800 MW wind power projects under Tranche-VIII. The Solar Energy Corporation of India (SECI) has awarded only 440 MW worth of wind projects in its latest auctions. The projects awarded were under the nodal agency’s latest tender seeking […]

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