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Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa

“We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create  more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […]

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ISA can act as a medium to achieve universal energy access target set up before 2030: Piyush Goyal

Piyush Goyal also said that Scaling Solar MiniGrids shall work in tandem with ISA’s over all objectives and already existing two programmes, namely Scaling Solar Applications for Agricultural Use and Affordable Finance at Scale launched on 22nd April, 2016. Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy, Piyush Goyal, at […]

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Space Technology to Fast-track Prime Minister Modi’s Energy Access goals in India

India Energy Storage Alliance announces collaboration with European Space Agency to explore applications of space technologies for accelerating energy access in India Microgrids – distributed systems of localized generation, distribution network and load – are being increasingly deployed particularly in rural areas of emerging and under-developed countries to achieve energy access. Approximately 87 % of […]

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US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects

Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […]

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BRICS Bank Open its First Loan Likely for Indian Solar Sector

The New Development Bank established by BRICS countries is to open up its first loan which is up to USD 2 billion this year by aggregating multilateral lender’s first loan to India which could be for a green solar energy project, president K V Kamath said. Kamath, said the bank is also looking for water […]

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MEC Intelligence Report On Wind Energy Orderbook In India

A new report from MEX Intelligence covers the Wind Turbine Generator (WTG) orders in India . Market leader Envision leads with 41%. The company bagged 1.6 GW of new order books for its solar projects in the April to June quarter of 2024. So far, the total order book of Envision has reached 7.7 GW. […]

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Rays Power Infra To Build VRFB Storage For NTPC

In a key milestone for flow batteries in India, Rays power Infra has secured an order for the 600KW / 3000KWh Vanadium Redox Flow Battery system from NTPC Limited . NTPC had issued the tender for the storage system back in June this year, to meet the power needs of NTPC Technology Research Alliance (NETRA). […]

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MAHAPREIT and NTPC Sign RE Projects Worth 10 GW

NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […]

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