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India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA

ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […]

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EESL, Goa Renewable Energy Dept. Sign MOU For Green Convergence

Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, have signed a memorandum of understanding today (November 17) to discuss rolling out of India’s first Convergence Project in the State. The MoU was signed in the presence of R K […]

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MNRE’s October 2020 Report Card For Cabinet

In its’s monthly report for the union Cabinet, the R.K Singh led MNRE has highlighted key monthly achievements for October this year.  While the success with minimising Covid impact has been set off by the lingering issues on other fronts  that have caused a slowdown in fresh capacity installation, the MNRE does have a potential […]

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NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues

Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […]

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Industry Must Work With Govt on Combatting Climate Change: Javadekar

Prakash Javadekar has appealed to key industry leaders to work with the government on combating climate change   In tune with our declaration in the Paris Summit, India will reduce it’s emission intensity by 35%, we will have 100GW Solar Power, 175 GW Renewable Energy, by the year 2022. Our actions are 2 degree compliant […]

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MSEDCL Petition to Float Open Tenders Under MSKVY Halted by MERC

MSEDCL has had its petition with MERC, seeking approval to float open tenders and taking land on lease by paying rent under MSKVY Scheme, halted for now. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) seeking approval to float Open tenders and taking land […]

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Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary

Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […]

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Infosys is Carbon Neutral 30 Years Ahead of Target, Announces ESG Vision for 2030

Infosys, as a part of its ongoing Environmental, Social and Governance efforts, it is now carbon neutral in compliance with PAS 2060 standards. Infosys, one of India’s leading software services firm, has announced that as a part of its ongoing Environmental, Social and Governance (ESG) efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique […]

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