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renewable energy

Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation

A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning.  The report highlights the significant reduction in GHC […]

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CleanMax Inaugurates 400 MW Wind Solar Hybrid Project in Gujarat

CleanMax Enviro Energy Solutions, a C&I renewable energy firm has inaugurated a 400 MW wind-solar hybrid project in Babra, Gujarat. The firm says that this is the first project to have the latest 3.3 MW Envision turbines. The said project was completed within 16 months of inception, and it was ensured that only unutilized commercial […]

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Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying

For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […]

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GEAPP to Aid Myanmar with 100 Solar Projects, Unlocking $60 Mn Solar Investment

The Global Energy Alliance for People and Planet (GEAPP) has revealed that it will lend support to Smart Power Myanmar’s over the period of the next three years to enable it to focus on transforming access to affordable and clean energy for Myanmar’s businesses in the agricultural value chain. In partnership with GEAPP, SPM will […]

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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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Specify Wind Project Timelines & Penalties In Tenders: MoP Norms

The Ministry of Power (MoP) notified its new guidelines for a tariff-based competitive bidding process for power procurement from grid-connected wind power projects. The motive was to bring uniformity in the bidding process and clarity to the power producers and procurers. These norms apply to intra-state wind power projects with more than 10 MW of […]

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80% Of India’s Solar Projects Planned In Only 5 States

The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […]

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First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules

First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […]

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IEX Reports 8% Rise In Net Profit In Q1 On YoY

The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis.  The unaudited […]

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