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use of solar energy

Mitsubishi Electric Receives S-EIV Order from MTR in Hong Kong

Mitsubishi Electric has received an order from MTR Corporation in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems Mitsubishi Electric (Hong Kong) Limited has announced that it has received an order from MTR Corporation Ltd (MTR) in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems, which enable surplus regenerative energy that […]

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RE Could Meet 1/3rd of Demand in Central and Southern Europe: Report

A new report has revealed that by 2030, Central and South Eastern Europe could cover 1/3 rd of their rising energy demand with renewable energy (RE) The report “The Renewable Energy Roadmap for the Central and South Eastern Europe Energy Connectivity initiative (CESEC)” by the International Renewable Energy Agency (IRENA) shows that accelerating the take-up […]

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Power Trading in Power Exchanges Exempted From new TDS and TCS

The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […]

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B’Luru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian

GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact […]

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8 Governments Pledge to Kickstart Offshore Wind in Baltic Sea

8 Baltic Sea countries and the European Commission have signed a joint declaration to accelerate the build-out of new offshore wind capacities in the Baltic Sea At an Offshore Wind Conference, hosted by the Polish Wind Energy Association (PSEW), high-level representatives of eight Baltic Sea countries and the European Commission signed a joint declaration to […]

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […]

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Renewable Jobs Grew to 11.5 Mn in 2019, now Need Policy Support: IRENA

The latest IRENA report shows that jobs in the renewable energy sector reached 11.5 million globally in 2019, led by solar PV with some 3.8 million jobs. Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA). The seventh edition […]

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The Charging Infrastructure Issue is an Overhyped Problem: Inderveer Singh

Mobility tech startup EVage plans to soon launch the first home-built electric vehicles with a common platform for vans, delivery vehicles, trucks and SUVs. With the help of a team of scientists and aerospace engineers, the vehicles will have an “exoskeleton structure” that will not only enable it to launch multiple car variants on a […]

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“I have not witnessed a demand like this for the last five years”

Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […]

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