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renewable energy investment

US Plans To Invest USD 3.8 Billion In India’s RE Infra

US Ambassador Eric Garcetti recently shared International Development Finance Corporation plans to invest USD 3.8 billion to meet India’s renewable energy and infrastructure goals.  He said, while addressing an event on ‘Indo-US Space Co-operation’ in Mumbai, he extended support to support renewable energy and infrastructure goals. He underscored the collaboration between the US and India […]

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Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […]

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RECPDCL Releases Tender For 200 MW Solar Project In Jhansi

REC Power Development and Consultancy Limited (RECPDCL), a Central Public Sector Undertaking (CPSU) under the Ministry of Power, released a tender for the commissioning of a 200 MW (AC) grid-connected ground-mounted solar PV power plant at Jhansi, Uttar Pradesh. REC invited bids for the selection of the contractor for the design, engineering, supply, construction, erection, […]

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Delicensing Power Distribution Can Boost RE Adoption: ORF Report

A recent report by the Observer and Research Foundation (ORF) said that the delicensing of power distribution could boost the adoption of renewable energy. The report widely analyzed the implications of adoption of delicensing of power distribution in the country.  The researched argued that with more private sector entry with their green pricing models are […]

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Five Solar Startups Using AI To Make An Impact

If tech in the 2020s had to be defined by a phrase, it’d be Artificial Intelligence or AI. With every product nowadays coming out with some form of AI, it’s not surprising to see AI make its way to solar as well. In particular, startups have been at the forefront of the AI revolution for […]

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US To Invest $71 Million In Supporting Solar Manufacturing Research

U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […]

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Module Supply: ReNew, Emmvee, Vikram Solar Win NTPC’s Khavda Tender

NTPC REL (Renewable Energy Limited) has awarded the contracts of supply of solar modules for its 1,255 MW solar project to three solar module manufacturers. Three companies-Emmvee, ReNew and Vikram Solar emerged as the winners of the NTPC REL’s tender. The tender was floated in September 2023. The solar project is scheduled to come up […]

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Sustained Efforts Ensure GoodWe Maintains ESG Rating For 2023

In a sign of the rising role of ESG (Environment, Social and Governance) norms across corporates, Chinese solar inverter major GoodWe has released its 2023 Corporate Social Responsibility (CSR) report, aligned to supporting the United Nation’s Sustainable Development Goals (SDGs). Released on April 26, 2024, the report highlights GoodWe’s efforts in corporate governance, product responsibility, sustainable […]

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Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India

US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […]

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