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EPC Player Vareyn, Credit Fair in Partnership To Take Solar to More Customers

Jaipur based Vareyn Solar Pvt. Ltd., which has been innovating  especially with its solar projects in the hospitality segment in the state and beyond, has now launched a consumer-lending fintech start-up in association with Credit Fair. This partnership is aimed at pushing the adoption of solar energy to a broader category of prospects, while harnessing […]

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Australia Aims To Hike Its Power Capacity To 32 GW With New Investment

The Australian government recently announced the expansion of its existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP), in conjunction with the states. It is set to expand the capital investment through CIS from the current pilot stage to 9 GW of dispatchable capacity and 23 GW of variable capacity nationally – […]

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China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie

A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved.  The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […]

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NYSERDA Awards 402 MW Solar Project to Swift Current Energy

New York State Energy Research Development Agency (NYSERDA) has awarded a twenty-year solar contract to Swift Current Energy. The Mineral Basin Solar project conferred upon the Boston-headquartered firm is for a capacity of 402 MW. The Mineral Basin Solar project, which is the largest land-based energy project, has been selected under NYSERDA’s 2022 Renewable Energy […]

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To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report

A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […]

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A 100 kW Solar Installation In Bihar Can Save Rs 2.7cr: CEEW Report

The report by the Council on Energy, Environment and water (CEEW) titled, ‘Community Solar for Advancing Power Sector Reforms and the Net-Zero Goals’, highlights the usage of rooftop solar in eastern Indian states of Bihar and Meghalaya and its corresponding benefits in terms of savings.   The study uses a framework to evaluate the impact of […]

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EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

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Gamechange Solar Bags 232MW Order From Bechtel In US

GameChange Solar (GCS) have announced that they will supply their Genius Tracker™ solar trackers for Sabanci Renewables’ Oriana Solar, a 232 MWdc project located on the Texas Gulf Coast in Victoria County. The company claims that its Genius Tracker technology helps improve energy gains with its WeatherSmart™ backtracking features and dynamic stow modes that protect […]

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Need To Extend Subsidies For Below 1kW Rooftop Solar Segment: CEEW

A recent report by the Council on Energy Environment and Water (CEEW) identifies a significant growth potential in rooftop solar (RTS) subsidies, particularly in the 0–3 kW categories. This potential is attributed to the implementation of direct capital subsidies, with untapped opportunities in the 0–1 kW category. Drawing from comprehensive household data in the India […]

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