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Crypto mining employing solar energy legalized in Uzbekistan

A presidential decree published this week ben in Uzbekistan says that the companies in the country will be allowed to mine cryptocurrencies by employing solar power. The decree makes it clear that these solar powered crypto operations by both domestic and foreign companies will be exempt from the income tax. The objective behind this presidential […]

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Origis Energy Secures $375 Million Credit for Solar, Storage Projects

Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […]

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IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market

In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […]

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Germany’s Solarwatt in tie-up to boost household energy self-sufficiency

Germany’s Solarwatt has entered a partnership with home technology and heating specialist Stiebel Eltron to help households escape dependence on fossil fuels, the solar company said on Wednesday. Owners of rooftop photovoltaic (PV) systems can save money and carbon emissions if they store unused electricity in batteries to be used later around the house, to […]

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A Simple Solar Light Is Life Changing In This Indonesian Village

Solar is more than just light. In a recent article on its website, IRENA has highlighted just how much. The article highlights the example of homemaker Konda Ngguna living in a small village in Laindeha, Sumba Island, Indonesia. Till a few years back, there used to be a total  blackout in the Laindeha village after […]

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Solis To Launch Three Smart ESS At Intersolar Europe

Intersolar Europe will be held in Messe München on May 11-13. At B3. 430, Solis will showcase 3 new energy storage inverters to bring more intelligent and smart solutions and provides more usable energy to customers. The Solis solar energy storage portfolio is being expanded with new offerings Solis conducted an in-depth analysis of market […]

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Hindustan Salts Ltd Seeks Bids for 1000MW solar projects in Gujarat

Hindustan Salts Limited (HSL) has invited online bids for the development of 1000 MW of solar PV projects at Kharaghoda in Surendranagar district, Gujarat. Key dates of the tender are as follows: Last date of bid submission: May 30, 2022 at 3 PM Date of bid opening: May 31, 2022 at 3 PM Time and […]

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After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too

Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […]

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