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Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF

A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […]

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France’s Fifth PPE2 Auction Round Awards 931.3 MW Capacity

54 onshore wind projects have been awarded deals in the recent onshore wind tender that had been floated by France. The fifth PPE2 auction, which is France’s multi-year energy procurement programme, was slightly oversubscribed at a capacity of 931.3 MW, exceeding the target set at 925 MW. The average cost at which the projects were […]

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Bihar Sees 50% Surge In Awareness On DRE Among Women: Report

An endline survey conducted under the Bolega Bihar initiative revealed a significant increase in awareness of renewable energy among women, rising from 25% to 76% in Nalanda and Gaya districts in the state. The study indicates a significant increase in awareness of renewable energy among the targeted group, rising from 25 per cent at the […]

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Deye To Start Manufacturing Inverters, ESS in India Soon: Bharat Singh

How has the journey of Deye in India been till now?  In the last two years, Deye has increased its presence in India. We earlier, introduced our hybrid inverters to ensure our brand gets recognition in the country’s renewable sector. We also launched on-grid inverters. In the recently-concluded REI Expo in Greater Noida, we introduced […]

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BrightNight Elevates Naveen Khandelwal As CEO

BrightNight has announced the elevation of Naveen Khandelwal as Chief Executive Officer (CEO) of BrightNight India, effective November 24, 2023. Naveen will be responsible for leading BrightNight India in its next phase of growth, moving the business from project development to construction and operations. He previously served as BrightNight India’s COO & CFO, joining the […]

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Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now

TATA Power, recently announced addition of 11,529 new Electric Vehicle (EV) home chargers in the second quarter of FY24. This brings the total count of Tata Power home EV Chargers to 62,000 across India. Tata Power claims that its home EV charging solutions enhance, convenience and accessibility of EV charging for Tata Power EZ Charge’s customer […]

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Green Electric Tugs to be Built by Defence Shipyard Firm in MoU with Three Entities

Garden Reach Shipbuilders and Engineers (GRSE) Ltd – a defence shipyard firm has joined hands with three entities for the development of green electric tugs. GRSE has signed a Memorandum of Understanding with Shift Clean Energy, Seatech Solutions and the American Bureau of Shipping towards this initiative. The firms will look into the development of […]

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China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie

A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved.  The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […]

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Servotech Adds 2,649 EV Chargers Order from BPCL

Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […]

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