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renewable energy investment

A 100 kW Solar Installation In Bihar Can Save Rs 2.7cr: CEEW Report

The report by the Council on Energy, Environment and water (CEEW) titled, ‘Community Solar for Advancing Power Sector Reforms and the Net-Zero Goals’, highlights the usage of rooftop solar in eastern Indian states of Bihar and Meghalaya and its corresponding benefits in terms of savings.   The study uses a framework to evaluate the impact of […]

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Gamechange Solar Bags 232MW Order From Bechtel In US

GameChange Solar (GCS) have announced that they will supply their Genius Tracker™ solar trackers for Sabanci Renewables’ Oriana Solar, a 232 MWdc project located on the Texas Gulf Coast in Victoria County. The company claims that its Genius Tracker technology helps improve energy gains with its WeatherSmart™ backtracking features and dynamic stow modes that protect […]

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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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BP Completes Repowering Wind Farm of 300 MW Capacity

BP has completed repowering its wind farm in Indiana for 300 MW capacity. The Fowler Ridge 1 project, established in central Indiana, entailed the upgradation of 40 of the 162 turbines. This encompassed the installation of 120 individual blades and 40 new nacelles. These boast power generation equipment and transformers on top of the wind towers. […]

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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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Ray of Hope for Central Africa with 25 MW Danzi Solar Park

The Central African Republic has unveiled a 25 MW solar park that boasts battery storage. The project has been established in the Danzi village, near Bangui- the capital city of the Central African Republic. The initiative will provide power to nearly 250,000 people in the city. Just 35% of Bangui has been electrified so far, […]

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ReNew Commissions First Of 3 ISTS Transmission Projects In Karnataka

After winning 3 transmission projects in Karnataka to date, ReNew has commissioned the first of those as part of their commitment to build transmission for ~5 GW of wind power, under (Inter State Transmission System) ISTS. Central Transmission Utility (CTU), a Govt. of India owned entity and a wholly owned subsidiary of Power Grid Corporation of […]

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UK, German Moves To Support Offshore Wind Point To Challenges Ahead

Ørsted’s Travails World’s biggest  offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […]

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Residential Solar Rooftop Potential Linked To Subsidies-CEEW Study

Over 25 crore households across India have the potential to deploy 637 GW of solar energy capacity on rooftops, according to a new report by the Council on Energy, Environment and Water (CEEW) report released today. The CEEW report found that deploying just one-third of this total solar technical potential could support the entire electricity […]

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