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IEX Clocks 59% YoY Trade Volume Growth during September

The Indian Energy Exchange (IEX) traded 8,997 MU electricity volume and achieved 59% YoY growth in September’21, according to the power demand data published by the National Load Dispatch Centre. The data also showed that the national peak demand in September’21 saw a 2% YoY increase, with the highest ever peak demand at 180.7 GW, […]

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IREDA to Assist NEEPCO in Developing RE Projects

The Indian Renewable Energy Development Agency (IREDA) on Saturday inked an Memorandum of Understanding (MoU) with North Eastern Electric Power Corporation to assist in developing renewable projects and raising funds. Under the MoU, IREDA will undertake techno-financial due diligence of renewable energy and energy efficiency & conservation projects for NEEPCO, IREDA said in a statement. […]

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GM to Power US Production Sites with 100% RE by 2025

General Motors (GM) has revealed that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. GM aims to avoid 1 million metric tons of carbon emissions that would have […]

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REI 2021 | Conversation with Sudhir Moola, Director at Premier Energies

Premier Energies, after the recent expansion of its manufacturing facility for solar modules and cells, has become one of the largest manufacturers based out of South India.  The Telangana based firm has ramped up capacities at a time when demand for solar power is set to shoot to all time highs for the next […]

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Koch Invests in Li-Cycle and Other Firms in EV Value Chain

US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […]

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EV Maker Nexzu Mobility Ships Orders to Australia, Europe & GCC

Indian electric vehicle (EV) maker Nexzu Mobility has shipped out some initial orders to Australia, Gulf Cooperation Council (GCC), and Europe and is currently in discussions to close deals with the UK and a few African countries. “Our range of products has been developed after months of R&D to perfectly suit the needs of our […]

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CESL Launches Grand Challenge for E-Buses Deployment in 9 Cities

In an attempt to boost the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the ‘Grand Challenge’ – a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings […]

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MNRE Releases Updated ALMM List With 8 New Additions

The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective September 29, 2021, with the certifications valid to September 28, 2023, or two years. Unlike the few number of additions in the last list — three […]

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PVEL Launches Crowd Power PQP To Deliver Inverter Performance

PV Evolution Labs, a leading global testing lab for the downstream solar and storage industry, has launched what it calls the Crowd Power Performance Qualification Program (PQP) to provide inverter buyers with an independently collected and managed data set to identify and avoid problem inverters, as the firm calls it. With the program, PVEL claims […]

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