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renewable energy

Tata Power Solar Systems Ltd & SIDBI to Offer Financing to MSMEs for Solar Adoption

Tata Power Solar Systems Ltd & SIDBI have signed a Memorandum of Understanding (MoU) to offer easy financing options for MSMEs. TPSSL is one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL). MSMEs that are willing to opt for rooftop solar PV plant or associated services […]

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China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023

China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […]

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Goldi Solar, Desert Technologies Sign MoU To Expand RE 

Indian Solar module manufacturer Goldi Solar has signed a Memorandum of Understanding (MoU) with Desert Technologies, a solar PV and smart infrastructure holding company based in Saudi Arabia. The two firms have planned to use this partnership to boost the expansion of renewable energy in India and Saudi Arabia.  The MoU, part of the India-Saudi […]

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Powergrid Emerges Successful Bidder for ISTS Project in Rajasthan

India’s largest electricity transmission company Power Grid Corporation of India Limited (Powergrid) has successfully bagged a project under the tariff-based competitive bidding (TBCB) process to set up an Inter-State Transmission System Project titled, “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part C1” on a Build, Own Operate, and […]

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KREDL Issues Tender for Consultancy Services for 500 MW Solar Park

Karnataka Renewable Energy Development Limited (KREDL) intends to develop a solar park of 500 MW AC in Aurad taluk, Bidar District, Karnataka under ISTS mode and requires consultant services for the same. The Central Electricity Authority (CEA) has finalized the location in Malegaon village of Aurad Taluk for establishing 765/400/220kV Bidar Pooling Station. The last […]

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Djibouti Launches Maiden Wind Farm with 60 MW Capacity

Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […]

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PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells

In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme.  Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […]

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ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark

Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […]

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Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower

Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […]

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