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GoodWe’s India Story Shines With 3GW Milestone, UT350kW Launch

Global inverter major GoodWe, which has over 52GW of installations worldwide, celebrated its India success story in style recently in Bengaluru. At an exclusive event titled “Unveiling a New Era in Solar Excellence” on February 2, 2024, at The Leela Palace in Bengaluru the firm formally showcased its latest UT350kW product for the Indian solar […]

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Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project

Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […]

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Omega Seiki, Attero Partner For Recycling 100 Mwh Of Battery In 4 Years

EV player Omega Seiki Private Limited (OSPL) and Attero, a distinguished leader in e-waste management and lithium-ion battery recycling, have signed an MoU that marks a significant leap for the electric vehicle sector and lithium-ion battery recycling. The players have called it a landmark move for both the electric vehicle (EV) sector and e-waste management. […]

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BrightNight Rings In Leadership Changes For 37 GW Project Portfolio

BrightNight, a global renewable power independent power producer (IPP) built to deliver clean and dispatchable solutions, recently announced the addition of two senior leaders to support the buildout of its 37 GW global portfolio in the areas of Asset Management (A&M), Operations & Maintenance (O&M) and Construction: Jeff Gibbons joins as Senior Vice President of […]

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Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco

In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […]

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Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY

US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […]

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Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […]

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NTPC, NRL Partner To Setup Green Energy Projects In North East

National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects. […]

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TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio

Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come […]

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