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Oorjan Cleantech Sets Foot into Jharkhand Market

Co-founded by IITians and bankers, tech-enabled solar solution provider, Oorjan Cleantech Private Limited, has announced expansion into Jharkhand. Gautam Das, Founder, and CEO quoted, “Oorjan has been expanding its business operations across India and Jharkhand is our 19th State/UTs where we will be spreading green energy solutions including financing and reliable products. We will continue […]

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PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles

CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […]

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EUR 30 Billion Contracts by TenneT for 60 GW North Sea Offshore Wind Plans

The Netherlands based transmission system giant TenneT, Hitachi Energy/Petrofac and the three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott and Siemens Energy/Dragados have signed contracts in Berlin, Germany, to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components of the 14 systems amounts to around €30 billion.  The […]

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EBRD Loans $200 Million to Turkish Renewable Energy Developer

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […]

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NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems

The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […]

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Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments

Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […]

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LGIM, NTR Raise €390 Million for Renewables Expansion in Europe

UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […]

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Estimating Subhourly Clipping Losses of Inverter and Plant From Performance Ratio Trends

ABSTRACT Most photovoltaic system production simulations are conventionally run using hourly weather datasets of satellite. Hourly simulations are sufficiently accurate to predict the majority of long-term system behaviour but cannot resolve high-frequency effects like inverter clipping caused by short-duration irradiance variability. Direct modelling of this sub hourly clipping error is only possible for the few […]

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Waiting To Take Off-The PM-KUSUM Story

Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […]

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