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IEX Power Market Update For October- Prices Continue To Drop

The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […]

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JREDA Issues 3 MW Grid-Connected Rooftop Solar Tender

Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for 3 MW grid-connected rooftop SPV power plants of different capacities on a turnkey basis for government residential buildings anywhere in Jharkhand.  The last date for submitting the online bid is November 21, 2022, till 05:00 pm. Bids will be opened on November 23, 2022, at […]

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Bhadrachalam Ramalayam Temple to Employ Solar Panels to Save on Power Bills

The religious institutions and pilgrim sites are increasingly adopting renewable sources of energy not just to put an end to the existing pollution burden but also to limit their expenditure on electricity bills. In the latest addition, the temple authorities of Bhadrachalam Ramalayam temple located in Bhadrachalam of Telangana has roped in Hyderabad-based Sun Technologies […]

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Set up By Adani New Enterprises, Gujarat is the Site for India’s Tallest Wind Turbine

As part of its expansion aspirations for renewable energy, Adani New Industries Ltd has built India’s tallest wind turbine in Mundra, Gujarat that is taller than the Statue of Unity and has blades that are wider than the wingspan of a jumbo airplane. According to a corporate statement, “Adani New Industries Limited (ANIL) recently announced […]

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Taiwan’s Gogoro Inc Partners with Hero MotoCorp to Enter EV Market

Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market. According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from […]

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ACWA to Develop Wind Projects of 1.1 GW in Egypt

ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […]

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European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona

EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […]

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Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […]

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SECI Invites Bids for 10 MW Solar Plant O&M Work

Solar Energy Corporation of India Limited (SECI) has floated a tender for an operations & maintenance contract including insurance for 05 (Five) Years of a 10 MW ground-mounted solar power project at Badi Sid, Rajasthan. (Bids for 10 MW) The last date for submitting the online bid is December 05, 2022, till 02:00 pm & […]

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