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Access To Public Finance Key To Clean Energy Adoption In India: IEA

The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […]

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candi solar Secures $38 Million Investment Through Equity

candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […]

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EKA Mobility Inducts Three Seasoned Executives To Drive Growth

EKA (Pinnacle Mobility Solutions Pvt. Ltd.), a leading player in the electric mobility sector with Mitsui Co., Ltd. (Japan) & VDL Groep (Netherlands) as equity partners, today announced the appointment of three senior executives to its leadership team:  Zoeb Karampurwala as Chief Product Officer, Murali Raju as Chief Commercial Officer, and Vijaykumar Yelne as President […]

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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […]

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Nordex Group Appoints Manav Sharma As CEO Business in North America

Nordex Group has appointed Manav Sharma as CEO of the business in North America, with effect from 1st June. Mr. Sharma has a long-standing experience of 16 years within the industry, having already served in various senior management positions before joining Nordex. Before his current role as the Nordex Group’s Chief Transformation Officer, in his […]

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GWEC Elected Girish Tanti Vice-Chair Of Board At Abu Dhabi

Girish Tanti, Vice Chairman of the Suzlon Group, has been elected Vice-Chair of the Global Wind Energy Council (GWEC) at the annual board meeting, held in Abu Dhabi this year. With nearly 30 years of global renewables business experience, he has lived and worked across Europe, USA and Asia. As co-founder of Suzlon, he incubated […]

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IEA’s PVPS Report 2024- Five Key Highlights

The International Energy Agency’s PVPS program or Photovoltaic Power Systems Programme is promoting and facilitating the exchange and dissemination of information on the technical, economic, environmental and social aspects of PV power systems. it currently has 31 members, with India, and even the India backed International Solar Alliance (ISA), notable absentees. However, their 2024 report […]

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ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan

Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […]

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