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renewable

Himachal Pradesh CM Wants Quick Deployment of Solar Projects

As Himachal Pradesh looks to become the first green state of the country, Chief Minister Sukhvinder Singh Sukhu has announced that the solar power deployment presented in the State Budget will see the establishment of 2 MW of solar installations in two panchayats in all Assembly Constituencies of Himachal Pradesh. The CM said that the […]

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IEX Dividend At Rs 1 per Share; Net Profit At Rs 88 Cr

Trading platform for physical delivery of electricity, renewable power, renewable energy certificates, and energy saving certificates, Indian Energy Exchange (IEX) has announced its financial results for the fourth quarter (Q4) and the year ended March 31, 2023 (FY23). During Q4 FY’23, IEX achieved an overall volume of 26 Billion Units (BUs), registering a 7.9% QoQ growth. In […]

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Trials Show No Negative Impact of Agrivoltaics on Crop Yield: Report

A latest report from think-tanks working in the renewable energy sector claimed that better-designed pilot projects had shown that there was no negative impact on the growth of crops grown under agrivoltaics. The new paper was jointly produced by Canada-based International Institute for Sustainable Development (IISD), Consumer Unity and Trust Society International (CUTS) and the Deutsche […]

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India Among Top 5 Global Destinations In RE Investments: IEA Report  

A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets.  The global report also termed the Indian solar market ‘dynamic.’ However, […]

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JinkoSolar Subsidiary to Build 56 GW Factory in China

JinkoSolar Holding Co, a Chinese solar module manufacturer, has announced that its majority-owned principal operating subsidiary, Jinko Solar (Jiangxi Jinko), has entered into an investment framework agreement with the Management Committee of Transformation Comprehensive Reform Demonstration Zone of Shanxi Province. JinkoSolar said that the under the terms of agreement, it will establish an integrated project […]

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MERC Notifies Generic Tariff for Rooftop Solar at Rs 3.05/unit

The Maharashtra Electricity Regulatory Commission (MERC), in its suo motu order, has notified the generic tariff for the net-meter consumers of Maharashtra at Rs 3.05/unit for 2023-24. The Commission said that the solar rooftop prosumers using net meters can now sell their surplus solar energy to the local discoms at the latest tariff. The latest tariff […]

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World’s First Megawatt-Class AEM Electrolyser Unveiled by Enapter AG

German electrolyser manufacturer Enapter AG has unveiled ‘AEM Multicore’ – the world’s first megawatt-class AEM electrolyser for the production of green hydrogen. The megawatt electrolyser was unveiled in the presence of Mona Neubaur, German Minister for Climate Action and Energy. With the AEM Multicore, Enapter AG says it ushers in a new era in environmentally […]

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UKA To Build 120 MW Wind Farm For Mercedes-Benz

Global automaker Mercedes-Benz has announced plans for installing a wind energy farm of over 120 MW at its test track in Papenburg, Northern Germany. It has also awarded a long-term contract worth hundreds of millions to German energy park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) under which UKA will erect about 20 wind […]

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Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power

Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […]

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