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Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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Adani Green’s Arm Commissions 75MW Wind Project; Shares Hit 52Wk High

Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned new 75 MW wind energy project through its subsidiary Adani Renewable Energy. The project has been commissioned under the 25 year PPA with Maharashtra Discom MSEDCL at a tariff of Rs 2.85/kWh. The company said in a filing to the stock exchanges that […]

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Volkswagen Targeting 1.5 mn Electric Vehicle Sales by 2025

Volkswagen will reach 1 million electric vehicle sales by end of 2023, two years earlier than previously predicted, and 1.5 million to be produced in 2025 Volkswagen has announced that over the next few years it intends to become the world market leader in e-mobility and is investing EUR 33 billion in these efforts throughout […]

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TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […]

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Acciona Puts in Services its 145 MW Wind Farm in Texas

Acciona has put into service the 145 MW Palmas Altas Wind Farm, its ninth in the US, with a total investment of some USD200 million. Acciona has put into service the Palmas Altas Wind Farm, its second one installed in Texas and its ninth in the US, with a total investment of some USD200 million […]

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Azelio’s Verification Project in Morocco Delivers First Electricity

Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan. Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year. The verification of Azelio’s solution for the storage and production of […]

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Maharashtra Issues Rooftop Solar Net Metering Regulations

The Maharashtra Electricity Regulatory Commission has issued new regulations for the net metering for rooftop solar systems in the state. The Maharashtra Electricity Regulatory Commission (MERC) has issued new regulations for the net metering for rooftop solar systems in the state. The regulations will be implemented once it is published in the official gazette. The […]

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Delhi Breaks 119 Year Temperature Record and Winter Power Demand

As Delhi grapples with one of its coldest winters in 119 years the capital also touched a record high of 5298 MW in peak power demand, highest till date As Delhi grapples with one of its coldest winters in over 119 years the Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully […]

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Dadra and Nagar Haveli Tenders for EV Charging Stations

The UT of Dadra and Nagar Haveli has issued a tender, inviting bids from eligible bidders for the commissioning of EV charging stations in the UT. The Union Territory (U.T.) of Dadra and Nagar Haveli (DNH) has issued a tender, inviting bids from eligible bidders for the commissioning of electric vehicle (EV) charging stations in […]

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