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Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors

Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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MNRE Scales up PM-KUSUM Scheme to Achieve Enhanced Solar Targets

MNRE has received sanction from the president for scale-up and expansion of the PM-KUSUM scheme to achieve an enhanced solar capacity of 30.8 GW by 2022 The Ministry of New and Renewable Energy (MNRE) has announced that in continuation of its order from March 2019, regarding the approval of the Pradhan Mantri Kisan Urja Suraksha […]

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NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues

Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […]

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13 Breakthrough Startups Graduate Shell E4 Programme on Demo Day 2020

Post the remarkable success of two editions of the Shell E4 programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day Post the remarkable success of two editions of the Shell E4 (Energizing and Enabling Energy Entrepreneurs) programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day – the […]

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GECF Ministerial Meeting and associated events to be held virtually

The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic. The 22nd Ministerial Meeting will discuss the current issues related to the gas […]

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BSES Expects Delhi to Create New Power Demand Record This Winter

BSES has issued a statement, claiming that Delhi is set to witness a new record this winter in power demand which is they expect will rise to 5,480 MW Delhi power distributor BSES has issued a statement, claiming that the capital is set to witness a new record this winter in power demand which is they expect […]

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2021 Carries All Solar Hopes In India, With Expected 8.8 GW Capacity Addition

A fresh quarterly update from a research agency pegs expected solar capacity addition in the calendar year 2020 (Jan-Dec) at  2.8 GW, while Wind Energy is expected to add just 1.2 GW. However, things should start looking up from the next two quarters itself, i.e. Q4 2020 and Q1 2021, when about 4 GW of […]

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Solar Rooftop Leader Esdec Continues On Acquisition Trail In US, Acquires PanelClaw

Esdec, the global rooftop solar mounting solutions provider, announced yesterday that it has acquired PanelClaw, the largest supplier of solar mounting systems for commercial roofs in the U.S. With the acquisition of PanelClaw, Esdec expands its customer base and portfolio of products available to the growing commercial and industrial (C&I) solar market. The PanelClaw acquisition […]

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