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News In Brief Nov 29: Masdar Closes Deal, ADB & Gulf Sign $820 Mn Deal, UK Initiates RE Project In Philippines

Masdar Closes Deal to Acquire TERNA Energy To Supercharge Growth In Greece And Eastern Europe UAE-based Abu Dhabi Future Energy Company PJSC – Masdar recently completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders and received all regulatory approvals. The deal, agreed […]

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NTPC Green Commissions Shajapur Solar Project In MP

NTPC Green Energy Limited (NGEL), the renewable arm of the NTPC Group, has successfully commissioned its Shajapur Solar Project in Madhya Pradesh. The newly-listed company announced the milestone in a recent stock exchange filing, marking another step in its mission to expand India’s renewable energy capacity. On November 29, NTPC Green began commercial operations for […]

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Waaaree Energies Plans To Start Solar Cell Manufacturing From Dec

Waaree Energies, a Mumbai-based solar manufacturing company, has set mid-December as the deadline for commissioning its solar cell production facility. The company stated that work is in its final stages to begin operations at its Chikhli plant in Gujarat, where it had earlier invested in setting up the cell line. During the latest investors’ call, […]

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Karnataka: KERC Notifies New Fee Structure For Energy Stakeholders

The Karnataka Electricity Regulatory Commission (KERC) has released its latest order, notifying the fee structure applicable to various stakeholders in the state’s power sector. The commission, after issuing a draft notification, has finalized and published the Karnataka Electricity Regulatory Commission (Fee) Regulations, 2024. These regulations outline the fees for different categories of applications and cases […]

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Honda To Offer Activa Electric With Swappable Batteries, Bookings From Jan

The electric version of Honda’s Activa model will be available for booking from January 2025, the company said. Honda Motorcycle & Scooter India (HMSI) has now ushered into the next era of mobility with the introduction of ‘ACTIVA e:’ and ‘QC1’ in the electric vehicle segment. The unveiling of the Activa brand in an all-new […]

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Waaree RTL Receives 2 GW EPC Order For Ground-Mounted Solar Project

Waaree Renewable Energy, the EPC arm of the Waaree Group has now received an order to develop solar projects. The total capacity of the order is 2012.47 MWp (DC capacity). The company said that these projects will be ground-mounted solar projects. The company informed about the latest order in its filing before the stock exchange. […]

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COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers

So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […]

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2024: US Clean Energy Investment Announcements Rose To $1tn

United States (US) recently saw a surge in private sector clean energy investment. The country saw the investment reaching $1 trillion in clean energy, semiconductors, and other advanced manufacturing initiatives. The move is set to see a spur in catalyzing growth of clean energy in the United States (US). The data shows that announced investments […]

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