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US Energy Firm Origis Energy Raises $750 Million For Solar, Storage Plans

Origis Energy, one of America’s leading renewable energy platforms, announced on Aug 16 that it has closed a $750 million construction warehouse funding facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. The move follows the announcement of […]

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Heat Battery Storage Firm Rondo Energy Secures $60 Million Funding

Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial […]

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Solar’s Slow Rise In Sun Drenched Pakistan

Extensive load shedding and high and rising electricity costs are a few of the reasons for consumers to seek a switch to solar power in Pakistan. With industry pointing out that the nation pays some of the highest electricity tariffs in South Asia, it is indeed a wonder why solar has not established a stronger […]

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MAHAPREIT Calls Solar Developers to Bid for 50 MW Solar Plant

Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) has issued a tender to obtain offers from Solar Power Developers (SPDs) for the design, engineering, manufacture, supply, erection, testing and commissioning of 50 MW AC Crystalline Solar PV technology grid interactive solar PV power plant. It will also entail five years of operation and maintenance. […]

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Electrify America’s 75 MW Solar Farm Gets the Ball Rolling

Electrify America, the open network of DC fast chargers for electric vehicles (EVs) in the US has kickstarted operations of its 75 MW solar renewable energy generation project referred to as Electrify America Solar Glow 1, located in San Bernardino County, CA. The Electrify America Solar Glow 1 extends to over a square mile and […]

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Siemens Announces 800 MW Inverter Manufacturing Capacity In US

German Power major Siemens has joined the rush of firms seeking to benefit from the $360 billion plus subsidies on offer under the Inflation Reduction Act in the US. Announcing plans to begin manufacturing solar string inverters in Kenosha, Wisconsin, Siemens will make Blueplanet inverters at the new site, which it acquired from KACO in […]

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IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24

Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […]

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Our Energy Storage Unit A Better Alternative To Li-Ion Batteries: Vijay Prateik, CEO, DeMITasse Energy

Vijay Prateik is the Co-founder and Chief Executive Officer (CEO) of DeMITasse Energies. Prateik is an alumnus of IIT-Bombay and the Massachusetts Institute of Technology (MIT). His company was also incubated at IIM-Bangalore. His startup, founded in 2016, uses thermo-chemical mechanisms for storing energy for longer durations. It claims that the firm’s technology can aid […]

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Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt 

Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy.  “As reported by the States/UTs, a total of 2.86 crore […]

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