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Maharashtra & Gogoro to Partner on $1.5 Billion Ultra Mega Project

The Maharashtra government presented Gogoro Inc. with an offer letter to enter into an ‘Ultra Mega Project’ agreement to manufacture vehicles, smart battery packs, and battery swap stations, and deploy an open and accessible battery swapping infrastructure in the State beginning late 2023. The announcement was made  by Maharashtra Chief Minister Eknath Shinde. The initiative […]

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Gujarat Metro Rail Corporation Limited

Design, Engineering, Supply & Procurement, Erection, Testing, Commissioning And Comprehensive Operation & Maintenance For 5 (Five) Years For 406 Kw (Ac) Grid Connected Rooftop Solar Photovoltaic Power Project on Rooftop of Various Buildings at Two Locations (I) Site 1- Apparel Park Depot (206 Kw) And (Ii) Site 2- Gyaspur Depot (200 Kw) Of Gujarat Metro […]

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India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme

Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market.  According to officials in the concerned ministries, […]

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HPCL Invites Bids for Consultancy for 100 MW Solar Projects in Andhra Pradesh

State-owned Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the selection of a project management consultant for the installation of 100 MW solar project at Galiveedu Solar Park in Andhra Pradesh. The project is for captive consumption. The EPMC consultant will be responsible for the design, engineering, procurement, supply, erection, and commissioning of […]

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Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity

Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […]

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RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA

RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […]

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Govt Proposes To Delicence Transmission Line Setup For Bulk Consumers

The Ministry of Power has now proposed delicensing establishing, operating and maintaining transmission lines for certain segments of power consumers and electricity generators. It includes bulk power consumers, power generating firms, captive generators, or an energy storage system (ESS).  The proposal has featured in the latest Draft Electricity (Amendment) Rules 2023. The ministry has put […]

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ReNew Energy Commissions 27.2 MW Hybrid Renewable Project For Toyota Kirloskar

Toyota Kirloskar Motor (TKM) has inaugurated a 27.2 MW group captive solar and wind renewable energy project, established through a joint venture with ReNew Energy Global Plc, located at Kudligi Taluk, Vijaynagara district of Karnataka State, home to TKM’s existing solar plant. The green power generated through this project will be exclusively channelled to TKM, […]

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Avaada Group Successfully Pockets INR 10,700 Cr as Funding

Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […]

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