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Skipper Bags Fresh Order Of Rs 737 Crore From Power Grid Corp.

Skipper Limited, a Kolkata-based manufacturer of power transmission and distribution structures of telecom structures and polymer pipes products announced securing a new order of Rs 737 crore from Power Grid.  The company in its announcement told about securing a new order for the Design, Supply, and Construction of a new 765 kV Transmission Line Project […]

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MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […]

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5 Ways India Defies Global Rules For Solar Success

At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […]

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PM To Launch Solar, Other Projects In Chhattisgarh On Feb 24

PM Narendra Modi will launch a slew of solar and other energy-related projects worth Rs 34,400 crore in Chhattisgarh on February 24. The inauguration will take place during ‘Viksit Bharat Viksit Chhattisgarh’ programme on the same day. These projects will cater to several important sectors including roads, railways, coal, power, and solar energy among others. […]

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5 Reasons Why India’s Solar Exporters Deserve More Credit

One of the strangest accusations you will hear against Indian manufacturers, is the one about them exporting solar modules when there is a ‘shortage’ in India. Or worse, about them exporting modules even as they ask for ‘protection’ from imports in India. With exports set to surge to 3 GW and beyond in FY24, this […]

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Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF

The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […]

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US At Risk Of Falling Behind RE Target Post-IRA: Report

A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […]

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Amazon & Vena Energy Begins Operation of 125 MW Solar Project in Australia

Amazon and Vena Energy announced the commercial operation of a new 125-megawatt (MW) renewable energy project in Woleebee, Queensland in Australia. The project consists of over 2,50,000 solar photovoltaic panels. According to the company, the Amazon Solar Project Australia – Wandoan is expected to generate enough renewable energy to power more than 60,000 Australian homes […]

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Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

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