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German Solar Focused Startup 1KOMMA5° Turns Unicorn With €430M Funding Round

1KOMMA5° a Hamburg, Germany-based startup that has 1.5°C greenhouse emissions limit integrated in its name has become one of the fastest climate unicorns in Europe.  It follows another German startup that raised significant funding recently namely Enpal which completed a round where it secured €430 million commitments.The German startup has raised €430M in a Series […]

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10,000 MW Hydro-Solar Project Starts In China’s Sichuan Province

China saw the world’s largest Hydro+solar power project, the 10,000 MW (1 million-kilowatt hydro-solar power plant) Kela Photovoltaic Power Station Phase 1 connected to the state grid in Kardze prefecture in southwest Sichuan province this week, in a bid to guarantee clean power for to the Sichuan-Chongqing region over the peak summer season. The station […]

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MP Allots 525 MW Of Pumped Storage Project At Indira Sagar To NHDC

The Renewable Energy department of Madhya Pradesh (MP) allotted a 525 Megawatt (MW) of Pumped Storage Project (PSP) to the NHDC Limited, a joint venture of the National Hydro Power Corporation (NHPC) and the Madhya Pradesh government. As per the mandate, the PSP would be constructed using the Indira Sagar reservoir and Omkareshwar reservoir under […]

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RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP

Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […]

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MNRE to Launch New Scheme To Boost Distributed Solar Energy: RK Singh

In his latest speech, Union Minister for New and Renewable Energy RK Singh announced starting a new scheme to boost distributed renewable energy (DRE). He announced this during an event on DRE organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundation’s Powering Livelihoods. “We are developing a new DRE policy […]

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Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme

  The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit.  The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […]

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Icon Solar Aims To Touch USD 200 million sales by 2025: Shakti Dubey, Director 

Shakti Kumar Dubey is the Director of Icon Solar-En Power Technologies Private Limited (En-Icon), an Indian solar module manufacturing company. The company started its operations nine years ago and has expanded its base since then in the country. En-icon has also been important in supplying solar pumps under the PM-KUSUM and other solar pump schemes.  In […]

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Solar Power Lights up 11 Remote Tripura State Rifle Camps

Located in a remote area, the Tripura State Rifle camps has been lit up with solar energy. The Tripura State Rifle (TSR) personnel had been battling the challenge of power supply for a long time, and solar power has come as the answer to it. Now, 11 TSR camps are powered by solar energy. As […]

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Maharashtra Introduces Land Lease Model for Solar-Powered Agriculture

Maharashtra Government has revealed that it is looking to encourage agriculture driven by solar power across the state. This is with an aim to make sure that the farmers get power supply without any hinderances during daytime since rural areas are prone to power outages during the day. Towards this, Chief Minister Eknath Shinde said […]

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