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renewables

ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations

On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […]

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Inox Green Energy Arm Adds 51 MW Wind Project to Portfolio from NLC India

The arm of Inox Green Energy Services Limited (IGESL), I-Fox Windtechnik, has won an order from state-owned mining and power firm, NLC India towards the operation and maintenance of a 51 MW wind energy project in Tamil Nadu. The scope of the contract entails comprehensive O&M with power evacuation system, for a period of five […]

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Telangana Looks To Power Over 5200 Schools With Solar Rooftop

The Telangana Government is striving to relieve government-run schools from the financial burden of electricity bills. The government will be introducing more solar power plants on the rooftops of its schools of different capacities. The plan involves installing solar power plants in a total of 5,267 schools, which includes 4,600 government and local body high […]

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Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA

IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […]

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As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges

China  continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it  contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […]

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Adani Green Meets Manufacturing Commitment, SECI Certifies Plant

Adani Green Energy Ltd has informed the stock exchanges that its associate company, Mundra Solar Energy Ltd., has received approval for its solar photovoltaic plant from the Solar Energy Corp. of India. The renewables arm of the Adani Group received the commercial operational date certificate from SECI for solar PV cells and solar PV modules […]

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Sungrow Signs127 MWh Energy Storage Deals In Israel

Sungrow, the global leading inverter and Energy Storage System (ESS) supplier, has inked a milestone deal with EDF Renewables Israel, the leading renewable energy company in Israel, to deliver cutting-edge liquid-cooling storage systems PowerTitan for a substantial 127 MWh energy storage projects. These projects with  EDF Renewables Israel follow the successful signing of previous 50 […]

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Parminder Chopra Becomes CMD at PFC, First Woman to Lead India’s Largest NBFC

Parminder Chopra has been appointed as the CMD at Power Finance Corporation (PFC). She was earlier the Director (Finance) at PFC. She has becomes the first women to steer the country’s largest NBFC. Parminder brings to the table over three decades of experience in the sectors of finance and power. The firm said, “During her […]

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