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EV Startup Etrio Enters Electric 3-Wheeler Segment With new Launch

Etrio has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under the brand name “Touro”. Etrio, one of India’s fastest-growing electric vehicle (EV) startups with the aim of electrifying intracity logistics has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under […]

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Green Term-Ahead Market Will Boost RE Trading in India

By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]

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Wind Energy arm of CLP India Raises Nearly Rs 300 Crore via Green Bonds

CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures/ green bonds. CLP Wind Farms (India), the wind energy subsidiary of CLP India, has announced that it has raised Rs 296.9 crore through non-convertible debentures/ green bonds. “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has […]

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Power Minister Iterates Plan To Overhaul Regulation, Enforcement Soon

India’s power ministry is pushing for an overhaul of electricity regulation and enforcement of contracts in order to stem losses of the state-run distribution companies that have burdened the sector. On solar imports, plans afoot to draw up a list of approved manufacturers for allowing imports. The weak financial condition of distribution companies hurts their […]

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Chandigarh Administration Targets 2400 Free Solar Installations

In an effort to meet its solar capacity targets for the union territory of Chandigarh, the city administration has pushed out yet another scheme to drive the move to solar. The latest offer for free installation, on first cum first served basis for city residents, is under the previously approved Renewable Energy Service Company (RESCO) […]

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U.S. Commercial Solar Installations Reach Second-Highest Level In 2019

U.S. commercial solar installations reached the second-largest year ever during 2019, rising by 10%  year-on-year to 1,286 Mega Watts (MW), according to a report from the Solar Energy Industries Association (SEIA), an industry body of US solar players. The report claims that around half of all the solar corporate solar capacity that has been installed […]

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IEA Predicts Global Energy Demand Recovery Only In 2025, Key Solar Role

The International Energy Agency (IEA), in its annual World Energy Outlook 2020, (WEO-2020) has predicted a return to normalcy for world energy demand only by 2025. This is mainly due to the sluggish recover being experienced from the Covid pandemic worldwide, including fears of a second wave of infections in key markets like Europe and […]

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Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report

India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […]

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Sunrun Completes Acquisition of Vivint Solar Creating 3 GW Conglomerate

Sunrun has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. Sunrun, a leading provider of residential solar, battery storage and energy services, has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. This follows approval by […]

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