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Reliance Announces Rs 5.955 lakh Crore Renewable Energy Plans For Gujarat

Reliance Industries Limited (RIL), the $73.8 billion conglomerate with profits over $10.9 billion in 2021 has announced a massive plan to invest in its key manufacturing base and state, Gujarat. In a stock exchange filing today (Jan 13), the firm confirmed an MoU signed at the Vibrant Gujarat Summit 2022 with the Government of Gujarat, […]

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Renewable PPA prices surge 7.8% in response to Europe’s deepening energy crisis

As the European energy crisis deepens, renewable PPA prices continue to climb, rising by 7.8% quarter over quarter, unveiled today by LevelTen Energy’s Q4 2021 PPA Price Index. The Index series, created by LevelTen Energy, a leading provider of renewable transaction infrastructure, analyses thousands of wind and solar PPA pricing offers listed on the LevelTen Energy Marketplace […]

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GIP Invests $500 M in BrightNight’s Innovative RE Solutions

Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in renewable independent power producer (IPP) BrightNight. BrightNight aims to provide next generation power solutions by combining multiple renewable energy technologies and thereby enabling its customers to accomplish deeper decarbonization of their generation portfolio. The company’s development […]

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Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs

Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […]

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Mumbai-based Artha Energy Launches RE Invt Platform

Mumbai-based Artha Energy Resources on Wednesday announced the launch of RenewShare, a renewable energy investment platform, that enables fractional ownership of renewable energy (RE) assets in the country. Launched as an autonomous investment platform, RenewShare caters to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India, […]

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2022’s First Big Tender Is SECI’s 1200 MW Tranche XIII Wind Tender

In its first big tender for 2022, the Solar energy Corporation of India (SECI) has gone with wind, inviting bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche XIII). The tender leaves the onus of identifying and arranging land on the bidders, a factor that has caused immense delays in […]

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India Hydrogen Alliance Seeks Support in Union Budget 2022-23

Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […]

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Hardware Engineer – Testing

Experienced in our products will be preferable. Strong Academic background with ability to understand and contribute for product validation and testing Capability to demonstrate the prototype build, testing of Solar and Battery controller Essential Responsibilities:- Understanding the product specifications and develop testing plan and procedures Capable to read and understand the UL/IEC and other global […]

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ICRA Predicts 16 GW Capacity Addition For RE In FY23

The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […]

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