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Over ­­­­1100 MUs of Green Power Procured During FY22-23 By Railway Energy Management Company

Railways around the world are stepping up efforts towards decarbonization and accelerating the employment of renewable sources of energy. Indian Railways have set sights on becoming a net zero emitter by 2030. The Railway Energy Management Company Ltd (REMCL), is a joint venture between RITES Ltd and the Indian Railways. REMCL is the nodal agency […]

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Nextracker to Supply 810 MW Solar Trackers to US Solar & Storage Projects

Solar tracking and software solutions provider Nextracker has signed a multi-year volume commitment agreement with solar and storage PV projects developer Strata Clean Energy to supply 810 MW of trackers for large-scale solar power projects in Texas, Arizona, and Virginia of USA. Nextracker said that consistent with its years-long campaign to grow its partnerships with […]

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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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We are exploring USA, Europe and Africa markets for exports too: Hiten Parekh, CBO, Navitas Solar

Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh’s professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. His perseverance in the solar industry, has earned Parekh the reputation of top […]

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Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA

The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables  need more impetus with sufficient policies to support the development of robust project […]

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IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital

A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […]

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Odisha to Set Up Rooftop Solar on College Campuses

In a key development to step-up the use of green energy and make institutions self-sufficient in terms of energy, the higher education department of the Odisha state government has come up with a plan to deploy solar power systems on college campuses of the state. The Odisha state department has decided to solarize the rooftops […]

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BluEarth Acquires 1 GW Solar & Wind Portfolio from Ozone Renewables in USA

Canadian power producer BluEarth Renewables has announced that it has acquired seven wind and solar development projects in the United States. The total acquired renewable energy capacity is about 1 GW from Connecticut-Based renewable energy giant Ozone Renewables. BluEarth mentioned in its official release that the green energy portfolio is acquired in Washington, Oregon, Ohio, […]

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Israel’s Airtouch Solar In Agreement with ACME Group For Bigger India Push

Airtouch Solar has deepened its operations in India by signing a multi-year transaction of close to 4 million USD with India-based ACME Group. The agreement will pave tthe path for the supply and maintenance of Airtouch’s solar panel cleaning robots. ACME is a leading solar developer in India and has diversified into Green Hydrogen and […]

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