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Share of Renewable Energy in India’s Energy mix now at 26%: CEA

The share of renewable energy in India’s energy mix has increased from 23% to 26% in the April-August period this fiscal, CEA has confirmed. The share of renewable energy in India’s energy mix has increased from 23 percent to 26 percent in the April-August period this fiscal, a senior official at the Central Electricity Authority (CEA) […]

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B’Luru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian

GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact […]

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300MWh Projects Award to ENGIE Upheld by Guam’s Public Auditor

In a win for the clean energy goals of Guam, the Office of Public Accountability upheld the award of its Phase III Renewable Energy Project to ENGIE. In a win for Guam’s clean energy goals, the Office of Public Accountability (OPA) upheld the power utility’s award of its Phase III Renewable Energy Project to ENGIE. […]

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The Charging Infrastructure Issue is an Overhyped Problem: Inderveer Singh

Mobility tech startup EVage plans to soon launch the first home-built electric vehicles with a common platform for vans, delivery vehicles, trucks and SUVs. With the help of a team of scientists and aerospace engineers, the vehicles will have an “exoskeleton structure” that will not only enable it to launch multiple car variants on a […]

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AREAS Invites Proposals for Decentralised RE Solutions for Rural Applications

AREAS has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. The Association of Renewable Energy Agencies of States (AREAS) has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. In line with this, the agency has invited proposals from innovators, […]

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“I have not witnessed a demand like this for the last five years”

Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […]

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Restrictive Banking Provisions aren’t Helping Renewable Adoption in India

After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […]

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Old King Coal is Dead – Long Live The King

Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […]

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JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender

JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […]

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