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DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024

The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […]

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ENGIE Signs PPA for 200 MW Solar PV Project With GUVNL

ENGIE, a leader in low-carbon energy solutions, has announced the signing of Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited’s (GUVNL) larger project encompassing 1,125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable […]

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e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization

e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […]

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Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs

New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […]

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SolarinBlue Obtains €6 Million Public Funding For French Offshore Wind Project

SolarinBlue’s offshore solar success story continues in the Mediterranean Sea. SolarinBlue, a French deeptech start-up, develops a floating photovoltaic solar solution specially designed for the maritime environment. SolarinBlue and its partners have secured major public support for their new pre-commercial demonstrator Méga Sète. Funding of 6 million euros has been granted by the French Government […]

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Serentica Invites Worldwide EoI for 800 MWh Standalone Battery Energy Storage

Serentica Renewables has invited expressions of interest (EoI) to set up interstate transmission system-connected Battery Energy Storage Systems (BESS) to supply 800 MWh of battery capacity to Serentica’s round-the-clock green energy projects. Serentica is seeking technical partners worldwide to supply state-of-the-art Battery Energy Storage Systems capable of delivering reliable energy storage. The projects will comprise […]

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Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India

Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […]

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Enel Green Commissions 87MW Northern Italy Solar Plant

Trino, in the province of Vercelli, in the Piedmont region, is now home to the largest operating solar farm in northern Italy. The project, implemented on the site by Enel Green Power, involved the construction of a photovoltaic plant equipped with state-of-the-art storage technology. Trino’s history sets a record in renewable energy and proves that […]

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Paraguay Joins International Solar Alliance As 100th Full Member

The Republic of Paraguay officially became the 100th full member of the International Solar Alliance (ISA). The ambassador of Paraguay, Fleming Raul Duarte, handed over the instrument of ratification during a meeting with Abhishek Singh, Joint Secretary (ED & MER) and Head of Depository, in New Delhi. Launched on 30 November 2015 by Prime Minister […]

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