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Report Forecasts 70 GW of Floating Wind Capacity by 2040

The Carbon Trust has released the latest summary findings from the Floating Wind JIP, forecasting 70 GW of floating wind capacity by 2040. The Carbon Trust has released the latest summary findings from the Floating Wind Joint Industry Project (JIP). The Floating Wind Joint Industry Project – Phase II summary report, outlines floating wind technology challenges prioritised […]

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COVID-19 Flattens Q1 Wind Additions in Key Markets: Report

In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […]

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Skilancer Solar Launches Waterless Robots for Rooftop Solar Panels

Skilancer Solar has launched its autonomous waterless robot for the cleaning of small-scale solar power plants installed on residential rooftops. Cleantech startup Skilancer Solar has announced the launch of its autonomous waterless robot for the cleaning of small-scale solar power plants installed on residential rooftops. This product will be an addition to the firms’ portfolio […]

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Cargill Partners With CleanMax for RE Projects in India

Cargill has partnered with CleanMax in India to meet 70 to 80 percent of its facility’s electricity needs from a solar and wind hybrid project in Karnataka. US-based global food corporation Cargill has announced that it is expanding its portfolio of renewable energy projects worldwide with 10 new projects set to come up online next […]

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Funding Boost for Electric Vehicle Startup Earth Energy EV

Earth Energy EV, an electric vehicle startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. Maharashtra-based Earth Energy EV, an Electric Vehicle (EV) startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. That was led by LR Joshi, […]

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History Set To Be Rewritten In Indian EV Space, Says VC Analysis

Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty  goes on […]

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5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA

According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […]

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FICCI Makes the Case for Extending FAME-II by 2 Years

FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […]

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Suzlon Completes Debt Restructuring With Rs 392 Crore Infusion

Suzlon Group has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. Indian wind energy major Suzlon has announced that it has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. In May, the group […]

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