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New Electricity Policy To Be Brought In Telangana, Says State Discom

In a meeting organized by the Federation of Telangana Chambers of Commerce and Industry (FTCCI), Chief Managing Director (CMD) of Telangana State Southern Power Distribution Company Limited (TSSPDCL) Musharraf Faruqui said that the state government is focusing on releasing the New Electricity Policy. Addressing the gathering, Musharraf Faruqui pointed out that the land cost in […]

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US At Risk Of Falling Behind RE Target Post-IRA: Report

A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […]

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With Focus On Electric Buses, Ashok Leyland Building Greenfield Plant in UP

Hinduja Group’s commercial vehicle manufacturing arm Ashok Leyland held a ground-breaking ceremony to set up a new integrated commercial vehicle plant focused on green mobility in Uttar Pradesh. The factory will be built at the new factory site on Kanpur Road in Lucknow. This facility will be Ashok Leyland’s seventh vehicle plant in the country. […]

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Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

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Waaree Energies Gets BIS Certification For TopCon Modules

Solar PV modules manufacturer Waaree Energies Limited has announced that it has obtained certification for Topcon Modules from the Bureau of Indian Standards (BIS). The certification is meant specifically for glass to backsheet, with a capacity of up to 625Wp. The certification falls under the category of “Crystalline Silicon Terrestrial Photovoltaic (PV) Modules (Si wafer-based). […]

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GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL

Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable […]

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Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece

Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […]

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ReNew Announces Q3 Results With Net Loss Of Rs 3,216 Million

Gurugram based ReNew Energy Global Plc, a leading decarbonization solutions company, has announced its unaudited consolidated IFRS results for the third quarter of FY-2024 and nine months ended December 31, 2023. ReNew has released the operating highlights. The firm says that as of December 31, 2023, the portfolio of ReNew consisted of 13.8 GW, of […]

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New Rooftop Subsidy Only For Applications Post Feb 13-MNRE

The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […]

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