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9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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Two Solar Firms To Get Compensations Due to Increased GST Rates

In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […]

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Fourth Partner Energy Commissions 70 MW Wind-Solar Hybrid Project in Gujarat

Renewable energy solutions platform, Fourth Partner Energy today announced the commissioning of its wind-solar hybrid project in Gondal, Gujarat. This 70 MW project marks 4PEL’s foray into hybrid renewable energy solutions and will supply clean energy to companies like Filatex, Linde, Nexus Malls (a Blackstone Group Co.), Deccan Chemicals and other marquee clients. Executed in […]

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EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem

A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […]

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Around 54 GW of RE Projects Under-Construction in India: CEA Report

  Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […]

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Fourth Partner Energy Forges Partnership with Best Agrolife to Supply 3 MW Solar Power

Renewable energy solutions firm that caters to Commercial & Industrial businesses, Fourth Partner Energy will be supplying power to agrochemical pesticide manufacturer Best Agrolife Ltd. (BAL), from its 15 MW solar park in Shahjahanpur, Uttar Pradesh. The two firms have entered into a partnership, as per which BAL will be provided  of 3 MW solar […]

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State Commissions Can’t Decide On Trade Margins In ISTS Projects: APTEL

The Appellate Tribunal For Electricity (APTEL), in its latest judgment, ruled that State Commissions do not have the jurisdiction to take a call on the trade margins for Inter-State Transmission System (ISTS) power projects. The apex tribunal passed the order while hearing a case between the Solar Energy Corporation of India (SECI) against an impugned […]

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Fourth Partner Energy Commences Power Supply of 26 MW to Foundry Group in Karnataka

Renewable energy solutions firm, catering to Commercial & Industrial businesses, Fourth Partner Energy has commenced supply of 26 MW power to Ashok Iron Group, a foundry group that produces a range of machined iron castings. Fourth Partner Energy is helping the Group meet clean energy goals via its open access solar park with 72 MW […]

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Solar Canals Deliver On Promise, Yet Fail To Find Market

By-Ravleen Kaur A streak of blue cuts across the yellow landscape as one takes a turn while travelling through the Mehsana district of Gujarat. The dry smell of dust alerts one about the arid zone ahead and the heat is an indication of impending summers in this terrain. Soon, the blue line turns grey with […]

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