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renewable energy investment

SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects

SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […]

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First Solar Opens New Module Manufacturing Unit In US

American solar module maker First Solar opened its $1.1 billion solar manufacturing facility in Lawrence County, Alabama. The new manufacturing plant adds 3.5 gigawatts (GW) of solar production capacity and is expected to create over 800 high-tech jobs in the region. First Solar has been a key beneficiary of the move to reduce dependence on […]

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Solis Celebrates 19 Years of Innovation In Solar Technology

Solar technology and solar inverter company Solis Global (Ginlong Technologies)today announced its 19th anniversary. To commemorate this milestone, the company hosted a series of events across Asia to express its gratitude to its customers and partners for their unwavering support. The company started its operations in 2005. It said that with the passage of time, […]

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WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA   

The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […]

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BluPine Commissions Its First 120 MW Solar Project In Gujarat

Renewable energy project developer BluPine Energy today announced the successful commissioning of its 120 MW solar project in Gujarat. This project includes a 70 MW solar plant at Radhanpur and a 50 MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL 16 […]

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US-India Launch $1 Bn Initiative To Build Clean Supply Chains

The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […]

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ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth

A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […]

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Powergrid Bags Khavda 7GW RE Transmission Project

The Powergrid Corporation of India Limited (PGCIL) announced a new renewable energy evacuation project from Khavda in Gujarat. The Central Public Sector Enterprise (CPSE) informed the stakeholders regarding the latest development in its filing before the stock exchange. As per the plan, the company with this project will help in evacuating 7 GW of green […]

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Research Analyst – Steel and Raw Materials

Steel will play a pivotal role in the global energy transition and will be an integral part of solar panels, wind turbines, electric vehicles, dams, etc. In parallel the industry will also create a number of opportunities for newer technologies and energy products especially hydrogen as it decarbonizes. Industry stakeholders across the steel and raw […]

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