SUBSCRIBE NEWS LETTER

renewable energy investment

3 GW of Rooftop Solar in 2020, And a Grid Headache for Australia

Australia, after a reluctant embrace of renewable energy initially, has practically broken down the door for renewable energy now. The world’s largest coal exporter is racing to build solar, sometimes faster than the grids can keep up. The Clean Energy Regulator, the government entity tasked with tracking and administering renewable incentives, among other things, has […]

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Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector

CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […]

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Azelio Signs MoU With Atria Power for 65 MW Storage in India

Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […]

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SenseHawk Raises $5.1 Mn for Software Platform to Enhance Efficiency of Solar Plants

SenseHawk has raised USD 5.1 million in funding for its software platform that enhances efficiency in the development, construction & operation of solar plants. SenseHawk, a SaaS company that helps customers develop, build and operate solar and other infrastructure sites, has announced that it has raised USD 5.1 million in Series A1 funding. The investment […]

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Western Railway Claims to have Saved Rs 3 Crore Thanks to Solar Power

The Western Railway claims that it has saved a substantial Rs 3 crore on its power bills by successfully exploiting solar energy at 75 of its stations. The Western Railway (WR) has come out with the claim that it has saved a substantial Rs 3 crore on its power bills by successfully exploiting solar energy […]

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Stakeholders Discuss Opportunities and Advantages Rajasthan has in RE Sector

At a recent webinar hosted by FICCI, stakeholders discussed the advantages and opportunities that the state of Rajasthan has in the RE sector. Rajasthan is home to most of the conventional and non-conventional sources of energy generation. At a recent webinar on ‘Domestic Manufacturing in the Energy Sector’ hosted by the Federation of Indian Chambers of […]

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RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore

The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […]

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Sungrow Signs 900 MW Agreement for 1500V Inverter Solution to Dubai

Sungrow has partnered with Shanghai Electric to supply its latest 1500V turnkey inverter solution to the 900 MW 5th phase of the MbRAM Solar Park in Dubai. Sungrow, a leading global inverter solution supplier for renewables, has announced that it has partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to the […]

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