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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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Poor Air Quality Affecting Solar Power Generation In India, Finds Study

New data by Solargis, a solar data and software solutions company,  has revealed that solar irradiance witnesses a downfall during winter months in India. The data by the company says that India’s solar power generation is being significantly impacted by poor air quality during winter months. Avik Mitra, business account manager, at Solargis, said, “January […]

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Green Volt Receives Order For Floating Wind Project in Europe

Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […]

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SECI Issues Bid For 20 MW Solar Plant With BESS In Leh

Solar Energy Corporation of India (SECI) has issued a tender inviting bids for design, engineering, supply, construction, erection, testing, commissioning, and operation and maintenance (O&M) of a 25 MW solar power project with a 20 MW/50Mh battery energy storage system at Taru, Leh in Ladakh. According to the tender document issued by SECI, the scope […]

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Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US

The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […]

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Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition

Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […]

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NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) released a tender inviting online bids for Inter State Transmission System (ISTS) connected wind energy project with a nominal capacity of 1110 MW in Bijapur region, Karnataka, Tranche – II The tender invited shared details for detailed design, engineering, micro-siting, manufacturing, supply, erection, testing, commissioning, and proving the guaranteed […]

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Order Wins, Strong Results Propel Green Energy Stocks on April 22

The renewable bandwagon continues on its merry way, with just two out of the 11 stocks in our basket, ironically enough, the largest firms by revenues failing to rise along with the market today. Whole Tata Power and JSW Energy missed out, for KPI Green Energy, Shakti Pumps, Inox Wind Energy and Waaree Renewable, a […]

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Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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