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solar power

CERC Allows Fortum Subsidiary To Retain Connectivity For 300 MW Karnataka Project

In an interesting order earlier this week, the Central Electricity Regulatory Commission allowed SolarOne Energy Private Limited, a subsidiary of Finnish major Fortum, to retain 300 MW connectivity it had been allotted from the Central Transmission Utility of India Limited (CTUIL). The issue arose after CTUIL moved to cancel connectivity citing failure to sign PPA […]

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EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025

Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […]

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The Impact of Renewable Energy on Economic Growth and Job Creation

At first glance, the subject of renewable energy seems like a truly controversial matter, eliciting conversations and debates between advocates of climate change action and those seeking to protect their economic advantage. In a broader sense, however, there appears to be a nexus between renewable energy and economic growth. For instance, India spent $11.8 billion […]

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Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA

International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […]

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Log9 Rebrands Its Mobility Arm As EV Asset Management Firm Amphion

Battery cell technology and EV Mobility Ecosystem products developer Log9 has announced the rebranding of its mobility business as Amphion, a full-stack EV asset management company. Amphion will help address critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data & analytics, charging infrastructure, and energy efficiency. Its comprehensive suite of services […]

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Green Stocks In Green: Sterling and Wilson Renewables Surges To 52-Week High

Shares of almost all the clean energy firms witnessed a jump albeit minor. To begin with, shares of Sterling and Wilson Renewable did see a minute increase in its prices which attained the level of 52-week high price. Waaree Renewable Technologies Ltd on the other hand had a 5 percent increase and so does KPI […]

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TPSSL, Indian Bank Tie-Up To Support PM Surya Ghar Muft Bijli Yojana

Tata Power Solar Systems Limited (TPSSL), established its strategic partnership with the Indian Bank through which it aims to support solar rooftops adoption among residential consumers.  TPSSL a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) partnered with the Indian company to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme. Through this partnership, […]

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News In Brief April 23- KP Green Energy, Globeleq, Maxeon

K.P Energy Gets 9MW Wind Project From Bhathwari Technologies Gujarat based K.P. Energy Limited recently received a new order for development of 9MW wind power project as part of wind-solar hybrid power project for captive consumption.This project was awarded by Bhathwari Technologies Private Limited to the company under captive power project (CPP) segment. The project […]

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Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US

The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […]

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