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Growatt Supplies Residential PV Solutions To Pune Apartment

Energy solutions company Growatt recently unveiled a 350kW rooftop PV project for a prominent apartment, Rohan Kritika at Pune in Maharashtra. Growatt, meanwhile, has provided products and services to families across 180 countries and regions globally. Last year, they successfully empowered many homes, businesses, and communities in India.  Rohan Kritika has several attractive amenities, tranquil […]

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GoodWe’s India Story Shines With 3GW Milestone, UT350kW Launch

Global inverter major GoodWe, which has over 52GW of installations worldwide, celebrated its India success story in style recently in Bengaluru. At an exclusive event titled “Unveiling a New Era in Solar Excellence” on February 2, 2024, at The Leela Palace in Bengaluru the firm formally showcased its latest UT350kW product for the Indian solar […]

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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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Re-strategizing To Meet The Growing Demand For Power

Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […]

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Yearly Review: India Added More Coal Power Than Wind In 2023

The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […]

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Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco

In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […]

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Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY

US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […]

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […]

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With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market

Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […]

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