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Koch Invests $150 million in GameChange Solar

GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […]

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In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped

The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […]

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Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […]

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NTPC Green Arm Seeks Consultants for 325 MW Solar Projects In MP

NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Ltd, has invited online bids for conducting a geotechnical investigation for the company’s 105 MW and 220 MW solar PV projects situated in Shajapur district, Madhya Pradesh. The deadline for bid submission is December 24, 3:00 PM. The bids will open on the same day […]

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Staying Fashionable with Solar Powered Clothing

According to the UN, globally, from material sourcing, through supply chains to washing and waste, the fashion industry produces an estimated 10% of all carbon emissions. It is also the second-largest consumer of the world’s water supply and pollutes the oceans with microplastics. Yet, there is little awareness about these facts. Greenwear Fashion, is among […]

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Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021

The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […]

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2021 Confirmed As Record Year For Solar Capacity With 11 GW Crossed

With the December numbers yet to be tallied, India has already added about 11.1 GW of solar capacity from January 2021 till November 2021, which is about 249% higher compared to the installations done in 2020, a new report by JMK Research & Analytics(JMK) says. These numbers are broadly in line with the industry figures […]

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Rays Power Infra to Build 500 MW Solar Park in Rajasthan

Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […]

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Global Installed Wind Power Capacity to Grow at 9% Annually till 2030

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […]

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