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renewable energy

EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030

The European Union (EU) Commission released an Action Plan which supports the European Green Deal. The Commissions proposed action plan aims at supporting the Europes electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions []

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Technique Solaire Acquires 5 Solar Plants With 135.4 MWp Capacity

In a strong indicator of its plans for India and overall international expansion, French developer Technique Solaire Group has acquired 5 ground-mounted photovoltaic power plants in the state of Karnataka, southwest India. The combined capacity of these 5 projects is 135.4 MWp, bringing the total capacity operated by the Group in India to 210 MWp. []

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Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now

TATA Power, recently announced addition of 11,529 new Electric Vehicle (EV) home chargers in the second quarter of FY24. This brings the total count of Tata Power home EV Chargers to 62,000 across India. Tata Power claims that its home EV charging solutions enhance, convenience and accessibility of EV charging for Tata Power EZ Charges customer []

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JA Solar Passes EPD Tests For Its N-Type Solar Products

China-based solar module manufacturer JA Solar recently completed Environmental Product Declaration (EPD) assessments for multiple product lines through the French institution Kapstan, resulting in registration on the EPD systems of Norway and Italy.  The p-type series products and the whole n-type DeepBlue 4.0 Pro products under JA Solar have successfully passed the EPD assessment in []

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CEA Proposes One Nation, One Licence Plan For Electrical Contractors

The Central Electricity Authority (CEA) issued an advisory to the concerned departments in the state to pave the way for a One Nation, One Licence plan for electrical contractors in the state engaged in different power and renewable projects.  A series of meetings with the states follow this. The CEA, in its advisory, said that most Indian []

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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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Early Stage VC SeaFund Invests in 5 DeepTech Startups 

Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR []

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E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding

Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, []

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RenewSys Strikes 100 MW Solar Module Supply Deal with Engie India

RenewSys, an integrated manufacturer of PV modules, has signed a 100 MW solar module supply agreement with Engie India. This contract is for Engie Indias GUVNL 2 project, operating under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL). Naresh Baluja, Chief Commercial Officer of Engie India, says, We are []

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