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Navitas Solar Onboards MECpower as Sole Distributor for Gujarat

Surat-based module manufacturing firm Navitas Solar has onboarded Vadodara-based MECpower Solutions Ltd., a provider of end-to-end solutions in the renewable energy segment, as its sole distributor for solar modules for the Gujarat region. With this collaboration, Navitas has set sights on tapping the huge potential the state offers in the solar power space and expanding […]

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In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation

Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […]

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Lightsource bp Closes Financing On 250 MW US Solar Project

Lightsource bp has closed on a $327 million financing package and mobilized construction on the 313 MWdc (250 MWac) Driver Solar project located in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Lightsource bp said in […]

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Inverter Firm Solis’ Cumulative Shipment Crosses 3 GW Mark in India

Solis, a firm that offers photovoltaic (PV) inverter solutions, has announced that its cumulative shipments in India have surpassed 3 GW. The firm says that has helped in solidifying its position as the leading inverter brand in the country in the rooftop segment. Solis says that it has continuously achieved the number position and highest […]

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Siemens Gamesa To Supply Turbines For 166-MW Wind Farm In Andhra

As India looks hawkish on the renewable energy expansion to achieve its 2030 target, Siemens Gamesa has announced to have signed a deal with AM Green Energy Private Limited (AMGEPL) where it will supply 46 wind turbines for a capacity of 166 MW of wind project about to come up in the state of Andhra […]

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Kishor Nair Is New Chief Executive Officer Of Avaada Energy

Avaada Group has appointed Kishor Nair as Chief Executive Officer (CEO) for its renewable arm Avaada Energy. Kishor has been with group since its inception and has risen through the ranks. Avaada Group claims to be India’s leading integrated energy group with business interests across the energy transition value chain. Avaada said that Nair has […]

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Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status  

The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […]

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RBI Releases Guidelines To Banks For Acceptance Of Green Deposits

The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […]

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Sembcorp Awards 50.4 MW Wind Power Project to Suzlon

Renewable energy solutions provider Suzlon Group has announced a new order win for the development of a 50.4 MW wind power project for Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited. The firm will be responsible for installing 24 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […]

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