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renewable energy investment

Vikram Solar’s $1.5 Billion US Manufacturing Bet

News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […]

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Novelis Builds $2.4 Milion Solar Park, First From the Firm

Novelis Inc. recently revealed plans for the construction of its inaugural solar park at its production facility in Pieve Emanuele, Italy. Following the approval of local authorities, the expansive solar park spanning over 28,000 square meters will commence operation and begin generating electricity by the end of this year. Novelis Inc is a sustainable aluminium […]

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SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others

SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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Israel’s Big Move- Mandatory Rooftop Solar Panels

With a lot of sun-hours, yet too little space, Israel faces an obvious challenge to build large utility scale solar.  To support the growing population and at the same time meet its goal of using a 30 per cent renewable share in total electricity capacity by 2030, Israel will soon require all new non-residential buildings […]

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Need A PLI Scheme For Grid-Scale Storage Systems: RK Singh

Union Power Minister RK Singh publicly batted for starting a dedicated Production Linked Incentive (PLI) scheme for grid-scale storage systems. The statement has opened up speculations about the intention of the government to create a new scheme in this direction. Speaking at a public Delhi, the Minister for New and Renewable Energy said that renewable […]

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UEA’s Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre

UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDG’s flagship data centers in India. As per the agreement, […]

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SOFAR Unveils PowerNano and C&I ESS PowerIn at Intersolar

SOFAR, a leading provider of PV & ESS solutions, unveiled its latest technological innovation microinverter system SOFAR PowerNano, and the C&I ESS PowerIn during Powering Forward New Product Launch at Intersolar. With this, the company claims to be officially completing an all-scenario portfolio covering residential, CI and utility sectors, ranging from micro to utility solutions. […]

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