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SECI Plans To Add 500 MW Solar Thermal Capacity By FY25, Says Chairman

In a recent event organized by the India Energy Storage Alliance (IESA) in Delhi various dignitaries aimed to showcase Indian innovations to the international battery and energy storage community. The event also offered to facilitate partnerships for global companies entering India’s burgeoning battery market. R P Gupta, Chairman and Managing Director of the Solar Energy […]

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Solis Inverters Make Strides In Offshore Deployments

Ginlong (Solis) Technologies, the world’s third-largest PV inverter manufacturer, proudly announced at the SNEC exhibition earlier this month that its 30kW inverter supported an offshore photovoltaic empirical project. This development follows the establishment of the Offshore Photovoltaic Verification Base, a joint venture between the National Solar Photovoltaic Quality Inspection Centre (CPVT) and CIMC Jiguang. This […]

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SolarAfrica Begins Work For 1 GW Project On SunCentral Solar Farm

SolarAfrica, an Independent Power Producer, providing financial and technical solutions in energy recently began construction on the Rand 5 billion development project. This marks the beginning of Phase 1 of the IPP’s flagship utility-scale project. It also marks some serious progress on South Africa’s challenge to add more renewable energy to a struggling grid.  The […]

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Australia’s ARENA Announces $100 Million Solar ScaleUp Challenge

The Australian Renewable Energy Agency (ARENA) has launched the global Solar ScaleUp Challenge. With an aim to identify solar innovations that can bring down costs and deliver solar faster, shortlisted submissions could gain access to a total pool of up to AU $100 million (INR 550 crores) in grant funding from ARENA. Final submissions close on 14 August 2024. […]

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Tata Motors Acquires Ford’s Sanand EV Facility

To expand its capacity for both production and sales, Tata Motors has acquired a former Ford India manufacturing site located in Sanand, Gujarat. The facility was purchased for approximately Rs 725.7 crore, with an additional Rs 1,300 crore allocated for retooling. It is currently known as the Tata Passenger Electric Mobility (TPEM) facility. Electric vehicles […]

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BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa

British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […]

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HPPCL Issues Tender For 12MW Solar Power Project In Una

Himachal Pradesh Power Corporation Limited (HPPCL) a state government public sector undertaking (PSU) released a tender to design, supply, construction, erection, testing, commissioning, operation, and maintenance of 12 MW solar power project. HPPCL tender invited online bids to set up the project at Gondpur Bulla, Una in Himachal Pradesh. HPPCL tender includes a bid security […]

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MNRE Releases Rules For Solar Module, Inverter Enlistment Under PM Surya Ghar

The government introduced the PM-Surya Ghar Yojna this year to boost rooftop solar adoption. In tandem, it established eligibility criteria for solar module enlistment under the same initiative. The key criteria included, The policy set laid down that the module must be enlisted as a star rating of a minimum of three stars under star […]

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Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […]

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