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Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF

Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called  ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […]

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Sungrow Launches Its Latest Residential Solar-Storage-EV Charging Solution

Global inverter and energy storage system solution supplier Sungrow has launched its latest integrated solution for ‘residential solar-storage-EV charging’ at the InterSolution 2023 that is being held in Belgium. Sungrow also showcased its new commercial inverter SG125CX together with the utility solution 1500V string inverter SG350HX for Benelux in Belgium to help the region achieve […]

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With 2GW Solar Power Plans, FRV Enters Germany

Fotowatio Renewable Ventures (FRV) has said that it has entered the German market and intends to develop 2GW of PV projects, Battery Energy Storage Systems (BESS) and renewable installations in the next four years. The company is owned by of Abdul Latif Jameel Energy and Canadian pension fund and infrastructure investor OMERS. Andreas Pfeifer, Managing […]

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Government Extends Deadline For Pending Solar And Solar Wind Hybrid Projects

In an official letter addressed to management at SECI, NTPC and NHPC, the Ministery of New and Renewable Energy (MNRE) has extended  the deadline up to March 2024 for under implementation solar and solar wind hybrid projects. the new deadline is applicable for project bids finalized before March 9,2021. As per the announcement made by […]

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Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia’s Port Augusta

Australian cleantech company Vast Solar has revealed that the company along with the Solar Methanol Consortium have been selected to receive A$ 19.48 million and EUR 13.2 million from a collaboration between the Australian and German Governments for the development of a green methanol demonstration plant, SM1 in Port Augusta, South Australia. Vast Solar claims […]

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HPPCL Tender for Consultancy for Solar Projects Across Himachal Pradesh

The Himachal Pradesh Power Corporation Ltd. (HPPCL) now invites bids for the hiring of a consultant/consultancy firm to provide the consultancy services for preparation of Site/Pre Feasibility Report (PFR) and Detailed Project Report (DPR) for grid-connected Ground Mounted Solar Power Projects in Himachal Pradesh. The tender held that these solar power projects will come up […]

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MNRE Hikes Rooftop Solar Subsidy For Residential Category in Hilly, NE States

In an order communicated via an Office memorandum on January 27, the Ministry of New and Renewable Energy (MNRE) has hiked the Central Financial Assistance (CFA) for installation of Rooftop Solar (RTS) in the residential sector across India. The Programme is being implemented by DISCOMs/State Implementing Agencies. Responding to what it termed representations received from […]

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The Top 5: Game-Changing Renewable Energy Projects In The Middle East

The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […]

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Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand

Delhi-based Luminous Power Technologies has  announced its new state-of-the-art solar panel manufacturing plant in the northern state of Uttarakhand. Located in the industrial region of Rudrapur, the state-of-the-art facility is equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. The new manufacturing […]

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