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solar energy

IRENA Report On Renewable Jobs Claims 18% Jump In 2023

2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating capacities, together […]

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India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity

India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […]

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H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56%

Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […]

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Odisha Clears Rs.4,671 Cr Investment For 749.9 MW Renewable Projects

Single Window Committee (SWC) of Odisha’s Energy Department granted in-principle approval for renewable energy projects worth Rs.4,671.81 crore. A major decision, the move helps to advance the state toward a green energy future. The approvals were granted in the 7th meeting of SWC. The total capacity of the renewable energy projects approved is 749.9 MW. […]

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Vivriti Capital Gets $25 Mn From ADB For Climate Finance Projects

The Asian Development Bank (ADB) recently shared its plans to invest $25 million in a certified climate bond issue by Vivriti Capital Limited (VCL). This bond is being certified by the Climate Bonds Initiative to enhance access to climate finance for financially underserved enterprises, including micro, small, and medium-sized enterprises (MSMEs), mid-market corporates, and retail […]

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India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared

September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […]

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Khavda: Adani Green Signs JV Pact With TotalEnergies

Indian renewable project developer Adani Green has now signed a Joint Venture (JV) agreement with Singapore-based energy company TotalEnergies to boost the growth of renewable energy projects at Khavda in Gujarat. The JV had been announced earlier this month. “In continuation of the Company’s earlier submission dated September 02, 2024 and subsequent to approval of […]

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Rays Power Infra To Build VRFB Storage For NTPC

In a key milestone for flow batteries in India, Rays power Infra has secured an order for the 600KW / 3000KWh Vanadium Redox Flow Battery system from NTPC Limited . NTPC had issued the tender for the storage system back in June this year, to meet the power needs of NTPC Technology Research Alliance (NETRA). […]

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Consultant – Supply Chain Business Systems

The Consultant – Supply Chain Business Systems role will be based in Hyderabad, NEXTracker office. In this position, you will report to the Senior Manager – Supply Chain Program Management The consultant will be leading and managing all business system related tasks for the New Product Introduction (NPI) team Work with the New Product Introduction (NPI) […]

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