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Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy

Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […]

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Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy

In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […]

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Flipkart Commits 100% Renewable Electricity by 2030 for Operations

E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030.  As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […]

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In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding

Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […]

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GEDA Floats Tender for Setting Up 40 Electric Vehicle Charging Stations

The commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various places around Goa are being solicited by the Goa Energy Development Agency (GEDA).  Through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) program, the charging stations will be installed on a design, build, operate, finance, and transfer […]

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IIT and IISER Researchers Create New Synthetic Photosynthetic System

A new artificial light-harvesting system has been created by researchers from IISER-Thiruvananthapuram and IIT-Indore. This system efficiently harvests light for power conversion by simulating photosynthesis, the process by which plants absorb sunlight and make sugars. The study was released in the renowned “Royal Chemical Society – Chemical Science” publication. Officials claim that researchers from all […]

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FIMER Provides String Inverters to Partners Main Solution & Evolvere for Installation

Through its partners, Main Solution and Evolvere, the Italian provider of renewable energy and electric mobility solutions, FIMER, has provided 9 PVS-100 three-phase string inverters for installation in Italy. 9 FIMER PVS-100 inverters have been installed at Vegitalia S.p.A., a business that has been active in the food industry since 2004, in San Marco Argentano […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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