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Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac

Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […]

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Renewance Receives Battery Recycling Prize from the US Department of Energy

Illinois-based battery-lifecycle management company Renewance has been awarded for innovations in battery collection, reuse, and recycling. Battery-lifecycle management company Renewance, Inc., was one of seven recipients of the Phase II Lithium-Ion Battery Recycling Prize, awarded by the U.S. Department of Energy (DOE), on December 17, 2020. The Battery Recycling Prize supports the DOE’s Energy Storage Grand Challenge, […]

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Earth Energy EV Uncovers Three new Indigenous Electric Two Wheelers

Mumbai based automotive startup, Earth Energy EV has launched its three all-new electric two-wheelers (E2Ws) Glyde+ scooter, and two motorcycles; Evolve R & Evolve Z, for Rs 92,000, Rs 1.30 lakh, and Rs 1.42 lakh, respectively. The company announced them as the on-road prices of the E2Ws that are absolutely indigenous.  However, the Glyde+ e-scooter […]

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Sungrow Debuts Second Generation of Three-phase Residential Inverters in Australia

Sungrow, the global leading inverter solution supplier, launched its second generation three-phase residential inverters tailored for the Australian landscape. The comprehensive residential line-up of Sungrow’s Gen-2 three-phase inverters come in five variants – 5kW, 7kW, 10kW, 15kW and 20kW and are loaded with cutting edge technologies such as Arc Fault Circuit Interrupter (AFCI) which substantially […]

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TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN

TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […]

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Continuum Wind Energy Raises USD 560 Million In Green Bond Sale

Continuum Wind Energy, a Morgan Stanley-controlled company is in international markets with a USD 560 million dollar-denominated green bond issue, according to two merchant banking sources. Continuum Green Energy is an India focused renewable energy group founded in June 2009.  It has a current portfolio of about 2 GW out of which 757.4 MW are […]

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Boralex Announces Closing of the Acquisition of Interests in 7 Solar Plants in US

Boralex has announced the closing of the previously reported acquisition of the controlling interests in a portfolio of seven solar plants located in the United States, for a purchase price of CA $277 million (US $215.6 million) after certain adjustments made as per the acquisition agreements. The seven solar plants have a total gross installed capacity of 209 […]

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Solar Industry Hoping for More Elaborate Support From Union Budget

The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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