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use of solar energy

India will need $12.4 trillion to meet long term net zero goals: Report

India will require $12.4 trillion to transition to net zero and help the world in its efforts to stave off the worst of climate change, according to a latest study by Standard Chartered. It said that emerging markets, overall, would need an additional $94.8 trillion – a sum higher than annual global GDP – if […]

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NTPC and Gujarat Gas to Blend Green Hydrogen with PNG

The Ministry of Power has informed that India’s leading power generator National Thermal Power Corporation (NTPC) has joined hands with Gujarat Gas Limited to undertake a novel initiative of blending ‘Green Hydrogen’ in the Piped Natural Gas (PNG) supplied by the city gas distributor. Both the companies are state owned and the blending will be […]

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Deal & Capital Structuring

The company is looking to recruit an ambitious and energetic professional to join its Deal and Capital Structuring team working to maximise the profitability and robustness of candi’s products whilst optimizing the cost and terms of capital to finance those products, thereby helping candi to lead the revolution of solar for SMEs. The successful applicant […]

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April 2022 ALMM List. 10 New manufacturers, 1.2 GW Fresh Capacity Approved

The Ministry of New And Renewable Energy (MNRE), in keeping with its regular updates to the ALMM list (Approved List of Module Manufacturers), released the newest update to the list on April 5. The updated list has 10 new manufacturers, besides an additional 100 MW capacity for Tata Power and 711 MW for  Premier Energies. […]

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IIT Guwahati technology can standardise EV Manufacturing in India

Indian Institute of Technology (IIT) Guwahati researchers have come up with one of its kind technology that rates the motors and batteries of electric vehicles. The technology also suggests to the electric vehicle manufacturers about the best drivetrain for the Indian scenario. A drivetrain is basically a group of components in an EV meant to […]

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The Top 5: Biggest Exporters of Electricity in the World

In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […]

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‘Now or never’ to avoid climate catastrophe, warns UN Panel

UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […]

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Panasonic to invest $4.9 bn in EV batteries, supply chain software

Panasonic Corporation is joining the high-growth electric vehicles (EV) market, with plans to invest nearly $4.9 billion in automotive batteries, supply chain software and cyber physical systems, among others. The Japanese company said to achieve its future goals, the group is to invest 400 billion yen (nearly $3.26 billion) in “growth areas” and 200 billion […]

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IREDA sanctions highest-ever loan of Rs 24,000 cr in 2021-22

State-owned Indian Renewable Energy Development Agency (IREDA) has recorded its highest-ever loan sanction of Rs 2,3921.06 crore and disbursement of around Rs 16,070.82 crore in 2021-22. “Indian Renewable Energy Development Agency Ltd (IREDA), the largest dedicated lender of Renewable Energy in India ended FY2021-22 with its best-ever performance to date. IREDA has achieved the highest-ever […]

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