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Assam Cuts Electric Vehicle Tax By 2 Percent

Assam Government introduced 2% reduction in Motor Vehicle Tax and exemptions on registration fees for new electric vehicles in its recently released budget document for the 2024-25 session. State Government reviewed their commitment in last year’s budget, “The Apun Bahan scheme has been launched, providing male employees a 2% interest subsidy for diesel/petrol vehicles and […]

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Utility-Scale Solar Power Additions May Double In 2024: EIA Report

A latest report from the Energy Information Agency (EIA) on the preliminary monthly electric generator inventory shared the developers’ and power plant owners’ plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024.  The EIA report found that 55% more capacity would be added than the 40.4 GW added in 2023 (the […]

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Gujarat Receives Maximum CFA Under Rooftop Solar Program: Govt

Union Minister for New and Renewable Energy RK Singh recently shared data on projects implemented under the rooftop solar programme in India. As per the shared data, Gujarat installed the maximum cumulative capacity (with or without CFA) with 3,264.93 MW, followed by Maharashtra with 1,905.80 MW and Rajasthan with 1,074.39 MW. The minister gave state-wise […]

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KPI Green Bags 1.5 MW Solar Power Project From Pruthvi Textile

KPI Green Energy, a Gujarat-based solar and hybrid power generating company, recently announced receiving a new order for a 1.5 MW solar power project from Pruthvi Textile. KPIG Energia Private Limited is a wholly-owned subsidiary of the company under the ‘Captive Power Producer (CPP)’ segment of the company. The domestic entity has awarded the project […]

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Floating Offshore Wind: Aker Solutions, Principle Power Get 1 GW Contract

Haewoori Offshore Wind 2 (500MW) and 3 (500MW), Copenhagen Infrastructure Partner’s (CIP) floating offshore wind projects off the coast of Ulsan, Korea have awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations. As part of the scope, Aker Solutions will coordinate the design and delivery of […]

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Trina Solar Vertex S+ 505W n-type Dual-Glass Modules Enter Mass Production

Smart PV and Energy Solutions Firm Trina Solar has announced that the first Vertex S+ 505W (NEG18R.28) rolled off the production line at its factory in Changzhou, Jiangsu province, marking the beginning of mass production. It is part of the Vertex S+ series specifically designed for commercial and industrial rooftops.  The Vertex S+ 505W, guided […]

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Perovskite Solar Cells Can Emerge An Alterative To Gallium In Space: Study

Merida Aerospace, a Tampa-based aerospace company, is developing perovskite solar cells tailored for space applications, with a specific emphasis on enhancing performance and economy for low Earth orbit (LEO) satellites. LEO satellites often rely on solar panels as their primary power source, capturing sunlight during orbital solar exposure for sustained operation. These panels enhance weight […]

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Biden-Harris Administration Invests $60 Mn To Expand Renewable Energy

United States (US) Department of Energy (DOE) announced the selection of three projects for which it claimed to receive up to $60 million. This project is undertaken to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). It was funded by DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy. […]

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EV Charging Firm Magenta Mobility Triples Revenue In Fy23

Electric mobility and EV charging focused platform Magenta Mobility recorded an approximate threefold rise in scale to Rs 18.7 crore in the fiscal year ending March 2023. The same year, operations contributed over 63% of the total revenue. It generated a revenue of Rs 6.3 crore the preceding fiscal year with close to Rs 6 crore coming […]

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