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IREDA Signs MoUs With Union Bank, Bank of Baroda To Finance RE Projects

The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023.  The central government utility said these agreements would empower IREDA to collaborate with UBI and BoB in co-lending and loan syndication for a wide range of […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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Chennai To Host Windergy India Meet This October

Several wind energy behemoths and industry leaders are now all set to hold meetings to brainstorm renewable technologies at the upcoming Windergy India 2023 event. The event has been planned in Chennai from October 4 to October 6 at the Chennai Trade Centre.  A series of conferences with participation from the Tamil Nadu government, the […]

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Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding

Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […]

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RERC Approves Amended Norms On RE Tariff Determination

The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, notified the first amendment to the tariff determination regulations for renewable energy. It came after the Commission received responses from the stakeholders over its draft regulation on the issue.  The new regulation has been named RERC (Terms and Conditions for Tariff Determination from Renewable […]

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GUVNL Gets Nod For Short-Term Power Procurement For Winters

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now got approval for short-term procurement from conventional energy sources to counter the peak demands between September to December this year. The Gujarat Electricity Regulatory Commission (GERC) recently approved the plan of the GUVL. GUVNL, in its petition before the GERC, told the Commission that anticipated peak demand for […]

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NTPC Invites Bids for Supply of Solar PV Modules for 1.255 GW Khavda Solar Project

NTPC Renewable Energy Limited (NTPC REL), the renewable energy firm of India’s largest energy conglomerate, NTPC Limited, has issued a tender for the supply of solar PV modules for the 1.255 GW Khavda Solar Project in Gujarat.   Manufacturers who are interested will be responsible for transporting 1,584.6 MW of crystalline solar PV bifacial modules with […]

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CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid Solar

CarbonClear, a data-driven carbon credit standard, has announced a strategic partnership with Innovex, a technology firm based in Uganda that designed and built ‘REMOT’, a leading IoT platform. This partnership aims to revolutionize the way off-grid solar installations contribute to the global climate effort. CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid […]

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Credence Solar Panels Get BIS Certification Upto 670 MW

Gujarat-based solar module manufacturing company Credence Solar today claimed it received the Bureau of Indian Standards (BIS) certification for its solar panels. The company said that with this certification, Credence Solar became the first Indian solar module manufacturer to get a BIS certification for a capacity of up to 670 MW.   “We are thrilled […]

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