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Meta, Google Lead The Chart In Renewable Energy Use: SEIA

Corporate companies in the recent past have relied on renewable energy to meet their growing energy needs. In fulfilling its needs, US corporations have derived 18% of energy from solar. The report said that 20% of all installations in 2023 saw corporate offtake driving renewable energy demand in the country. The Solar Energy Industry Association […]

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Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project

Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […]

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MPERC Draft Regulation Targets Improvement In Power Quality

Madhya Pradesh Electricity Regulatory Commission (MPERC) recently released the draft MPERC (Power Quality) Regulations, 2024. The regulation aims to regulate power quality in terms of voltage, frequency, and waveform of a power supply system. It envisages addressing power quality disturbances that can affect other consumers connected to the same supply network. The regulations emphasize the […]

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Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie

Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […]

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Datta Infra To Invest ₹5000cr In Rajasthan’s RE Sector, Signs MoU

Datta Power Infra has now signed a Memorandum of Understanding (MoU) with the Rajasthan government. The MoU envisages an investment of ₹5,000 crore in the state’s renewable energy sector. The investment aims to transform Rajasthan into a key hub for renewable energy. The firm plans to do this by boosting solar, wind, and hybrid power […]

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GPES Strengthens Board With Key Leadership Inductions

GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […]

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India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge

The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […]

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Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan

In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […]

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Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI

Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore.  […]

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