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Gogoro & HPCL Ink Agreement for Battery Swapping Stations

Gogoro, a battery swapping firm, has revealed that it has joined hands with HPCL in an initial agreement. The partnership will pave the way for the set up of battery swapping stations all over India in the near future. HPCL is a government-owned oil marketing firm. Under the agreement, Gogoro will establish an expansive network […]

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Radiance Renewables Secures Green Loan Facility for 150 MW Solar Project

EverSource Capital-backed Radiance Renewables Pvt. Ltd. has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility for its 150 MW (AC) greenfield C&I solar power project located in Maharashtra. The facility will provide the necessary financing for the 150 MW (AC) solar project located […]

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Tata Power Appoints Deepesh Nanda As CEO & MD of TPREL

Tata Power, one of India’s largest integrated power companies, today announced the appointment of Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023. Nanda brings with him 28 years of experience across companies like GE, Flowserve and Tyco. […]

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US, EU and Japan Lead in Carbon Capture and Storage Usage: Report

The European Union (EU) released a report sharing an ongoing trend in the usage of CCUS (Carbon Capture Utilization and Storage). The report gives an assessment of 2022 global industry. The report states that the CCUS industry witnessed an increase in storage capacity by 44% over the year. However, the report anticipates that the cost […]

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Tata Power Renewable Energy Ltd. in Power Delivery Agreement for 43.75 MW Solar Plant

Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Mukand Limited, a Bajaj Group company and a manufacturer of specialty steel long products and heavy machinery in India. The agreement is for a […]

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Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries

Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […]

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October Solar Additions Equal To Full 2022 As Europe’s Solar Romance Blooms

Rystad Energy Research reports that Europe’s solar installation levels are exceeding expectations, with the amount installed in October 2023 already matching the total installed in all of last year. Rystad Energy modeling forecasts new solar capacity additions will grow 30% this year versus 2022, surpassing 58 gigawatts direct current (GWDC) of new panels by the […]

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Is Solar Trumping Wind, Again?

Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […]

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Waaree Renewable Q2 Results Stay Strong With 24% Growth YoY

Waaree Renewable Technologies Limited, the Solar EPC /IPP subsidiary of Waaree Group, a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ended September 30, 2023. The firm which has moved to a much faster growth path since 2021-22, has delivered a strong set of […]

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