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New York Loves Distributed Solar, Targets 10 GW By 2030

New York state, which has embraced the need for change strongly in recent years, has set itself a target of 10 GW of solar from distributed projects for 2030, even as it looks set to achieve its goal of 6 GW by 2025. The original target was 3 GW by 2023. At the moment, over […]

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Fern Hotels and Resorts Partners With Magenta For EV Charging Across Properties

The Fern Hotels & Resorts, a leading hotel chain has tied up with Magenta, the fast expanding Indian Charge Point Operator (CPO) company, to install Electric Vehicle Charging Stations (EVCS) across all its properties in the country. Three of the company’s hotels in Lonavala, Karad and Bengaluru have already installed the EVCS. Magenta shall install, […]

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Danish Fund IFU To Invest $34 Million Into Cleanmax

In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an  aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […]

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5 MWh Vanadium Flow Battery Activated In UK By Invinity Energy

Invinity Energy Systems, the flow battery firm has joined developer Pivot Power (Part of EDF Renewables), to complete the storage component of the Energy Superhub Oxford (ESO) project. The project combines a 50 MWh lithium ion battery storage system (from Wartsila) with a 5 MWh vanadium flow battery from Invinity Energy. The lithium battery was […]

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Octopus Energy, Sterlite Power Sign MOU For Green Power Systems

UK based  1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […]

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PXIL launches Its Own I-DAS For Combining RE and Conventional Power Trading

India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […]

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CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions

The Central Electricity Regulatory Commission (CERC), in a series of recent orders, has decisively pushed parties  petitioning for ‘change in law’ situations to settle their disputes with mutual discussions and understanding. By doing this, the CERC is simply sticking to the letter of the agreements signed in these cases, which do have a provision for […]

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Wind Energy Fight Escalates, As Europe Imposes Tariffs On Chinese Steel Turbine Towers

Europe’s focus on protecting its lead in Wind Energy sector, especially offshore wind in recent times, has just escalated with the European Commission imposing tariffs of upto 19.2% on China-origin steel wind turbine towers. According to the EU statement, it found that Chinese firms had dumped about 300 million euros ($337 million) a year worth […]

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iCreate Incubated Charge+Zone Signs MOU for 50,000 Charging Stations

iCreate, the Gujarat government backed tech startup incubator has facilitated a partnership between it’s supported start-up CHARGE+ZONE, a technology-driven EV Charging Networks company and the Government of Gujarat, for $300 Million investment, in an endeavour to set up a network of un-manned, app-driven 10,000 charging stations  within the state of Gujarat on national and state […]

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