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GUVNL Tender For Procurement Of 500 MW Wind Power

Gujarat Urja Vikas Nigam (GUVNL) has issued tender inviting bids to procure green power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. GUVNL has kept the last day of bid submission on April 11, 2023 and the bids will be opened […]

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Power Storage Startup Su-vastika Launches Electronic Genset

Gurugram-based power generation startup Su-vastika has launched its electronic genset, terming it a cost-effective solution for increased pollution levels. Calling it the “Power on Wheels”, the company claims that the electronic genset is  a pollution-free and cost-effective alternative to traditional diesel generators. The company has installed its electronic genset in their Gurugram-based manufacturing facility which […]

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SJVN Gets Letter oF Award from MSEDCL for 200 MW Solar Project in Maharashtra

State-owned renewable energy company SJVN has announced that its wholly-owned subsidiary SJVN Green Energy has received a Letter of Award from Maharashtra State Electricity Distribution Company (MSEDCL) for the development of a Solar Power Project in the State of Maharashtra. SJVN said that the capacity of the solar project will be about 200 MW. As […]

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Solar Waste Recycling: An Opportunity For India

The Ministry of New and Renewable Energy (MNRE) has added the solar modules and solar cells under the e-Waste Management Rules 2022 thereby fixing responsibility of the producers in terms of storing solar industry waste, filing regular returns, disclosing the panel and cell inventory separately and complying with the CPCB guidelines. The move is widely […]

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Electriq Power Secures $300 Million for Solar+Storage Financing

Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […]

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“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair

With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […]

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Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round

Solar financing platform Aerem has raised $5 million in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […]

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Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative?

Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […]

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