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Need Collaborative Approach to Building Future-Ready Energy Efficient Ecosystem

INSPIRE 2019 featured some ways to harness technology to make the next generation of urban and rural spaces resilient, inclusive, and energy-efficient. The two-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2019) concluded in Mumbai and featured some of the most prominent leaders and experts discussing ways to harness technology to […]

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Masdar Acquires Stake in Hero Future Energies

Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […]

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Distributed Energy Launches Platform to Connect RE Projects with Investors; Raises Rs 10 Cr

The platform has already delivered 5 MW of energy to many companies in Southern India and Rwanda, it added. Distributed Energy, a renewable energy aggregator with a focus on the Indian market, on Monday has launched one of its kind unique platform for connecting credible renewable energy projects with investors. The company, which was co-founded by Mathew […]

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As California Looks To Fill Power Gap by 2022, RE’s Eye Opportunity

For Countries like India, which are still hamstrung by capital, costs or a thermal legacy in their push to adopt renewables as fast they should, the state of California continues to provide an ongoing lesson . Be it mandating a target to decarbonise its energy sector by 2050, or the selective subsidies on both solar […]

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Africa at the Centre of Global Energy Transition Until 2040: IEA

Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […]

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Azure Power Inks Subscription Pact to Raise $75 Mn

Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […]

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The Problem with Rooftop Solar. Discom View

In the first of a two-part series based on the report, Solar Rooftop, The Discom Perspective, we bring to you the issues, and possible solutions (in part 2) proposed by discoms. The report has been released by TERI and the Shakti Sustainable Energy Foundation. Even as India’s renewable renaissance has stumbled in the past 18 […]

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Europe and North America to Cross 1 Million Workplace EV Chargers by 2025

The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025 As grid operators, automakers, transit authorities, companies and governments prepare for the 37.2 million electric vehicles (EVs) set to be on road in 2025, interest in workplace charging opportunities is […]

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Average Energy Spot Prices at 2-Year Low, REC Prices Rise

The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […]

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