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Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs

Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […]

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Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project

Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […]

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Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium

International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […]

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Gentari Green Mobility Launches Formally With Gentari Go App In India

The Gentari Go app has been officially launched in India, part of Gentari Green Mobility India’s foray into the Indian sustainability market. The app is designed to be an integrated, all-in-one customer experience platform that allows users to seamlessly access clean energy offerings, from home solar to green mobility solutions. At the unveiling event, Gentari […]

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SECI Issued 8.4 GW Green Project Tenders In 2023-24: Data

The Solar Energy Corporation of India Limited (SECI) in its recent statement said that it has been able to issue renewable energy tenders of upto 8440 MW in 2023-24. The central tendering authority recently talked about its annual performance in the last fiscal year. It also declared financial results of the company. “In FY24, SECI […]

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Italy To Add GW Plus HJT Manufacturing With Chinese Specialist Huasun

Italy, one of the few European countries with a long history of solar manufacturing, is set to add a further GW plus of manufacturing for Wafers, cells and modules, using HJT (Heterojunction) Technology. The deal was signed between local player BEE Solar and Chinese HJT specialist, Huasun Energy. HJT, widely perceived as the more expensive […]

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IITM Research Park Launches 1MWh Battery Storage System

On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is  part […]

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Green Stocks August 5: Market Crash Singes Green Energy Stocks Too

On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […]

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J&K: 100 Tribal Villages to Achieve Self-Sufficiency with RE

In a bid to push renewable energy in the rural parts of Jammu and Kashmir, the state government has decided to provide 100% green energy to 100 tribal villages. The local administration recently held a meeting in this regard to identify these 100 tribal villages in the region. The initiative is a part of the […]

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