O&M Tender Issued for a 10 MW Solar Project in West Bengal
West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for comprehensive operation and maintenance (O&M) of a 10 MW solar project at Haptiagachh, Uttar Dinajpur, West Bengal. The ...
Electric Vehicle Sector Lays Out Expectations for Budget 2022
The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
Government Approves Equity Infusion of ₹10 Billion in Solar Energy Corporation of India
The Ministry of New and Renewable Energy (MNRE) has announced that the government has approved an equity infusion of ₹10 billion (~$ 134.11 million) in Solar Energy Corporation of India ...
EVs Gear Up for a Breakthrough Year in 2022
The increasing number of green number plates on Indian roads is the best testament to the new vehicle buyers’ growing inclination towards electric vehicles (EVs). Though the number of vehicles ...
Better Tariff Structures and Policies are Driving the Growth of Solar Open Access
India installed 307 MW of open access solar capacity in the third quarter (Q3) of the calendar year (CY) 2021, registering a 47% increase compared to 209 MW installed in ...
Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line
Here are some noteworthy cleantech announcements of the day from around the world: Photovoltaic (PV) module and component (encapsulant and backsheet) manufacturer RenewSys India commissioned a new encapsulant line. The ...
DISCOM Asked to Pay the Differential Amount for a Bagasse-Based Generation Project
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed the state distribution company (DISCOM) to pay the differential amount between November 2017 to June 2018 to Gobind Sugar Mills as ...
State DISCOM Directed to Pay Solar Developer Differential Tariff as per the PPA
The Karnataka Electricity Regulatory Commission (KERC) recently ruled that a solar developer was entitled to a tariff of ₹8.40 (~$0.113)/kWh from the Gulbarga Electricity Supply Company (GESCOM) from the date ...
Empanelment Tender Issued for 15 MW of Residential Rooftop Solar Projects
Chamundeshwari Electricity Supply Corporation Limited (CESC) has invited bids to empanel vendors to install 15 MW of grid-connected residential rooftop solar systems under the Phase-II of Grid Connected Rooftop Solar ...
Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery
From: Mercom Capital Group Factorial Energy, a solid-state battery company, raised $200 million in a Series D funding round led by Mercedes-Benz (DAI) and Stellantis. Funding will be used to accelerate commercial production ...
8minute Solar Energy Raises $400 Million from EIG
8minute Solar Energy, a US-based solar energy company, announced closing $400 million in financing from EIG, a U.S.-based institutional investor. The funding agreement includes a portion of growth equity and a ...
Bids Invited for Evaluation of Programs Under National Solar Mission
The Development Monitoring and Evaluation Office (DMEO) has invited bids from consultants to evaluate programs under the National Solar Mission of the Ministry of New and Renewable Energy (MNRE). The ...
Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline
From: Mercom Capital Group Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are located primarily in New ...
Daily News Wrap-Up: Verizon Signs Renewable Energy PPAs Totaling 910 MW
Here are some noteworthy cleantech announcements of the day from around the world: Verizon Communications has signed seven new renewable energy purchase agreements (REPAs) for 910 MW of renewable energy ...
Amp Energy Closes $350 Million Credit Facility to Boost its Renewable Assets
Amp Energy, a Toronto-based renewable energy assets owner and developer, announced the closure of an innovative $350 million cross-jurisdictional credit facility with a consortium of leading institutional investors. The consortium ...
EoI Invited for Installation of New Renewable Energy Technologies in Kerala
The Agency for New and Renewable Energy Research and Technology (ANERT) has invited expressions of interest (EoIs) to select agencies to implement new and innovative renewable energy technologies on a ...
Hero MotoCorp invests ₹4.2 Billion in Ather Energy as it Prepares for its EV Launch
Hero MotoCorp, a manufacturer of motorcycles and scooters, is investing ₹4.2 billion (~$56.44 million) in Ather Energy, an electric two-wheeler manufacturer. The company’s board approved the investment in one or ...
Tender Floated to Deploy 5,585 Electric Buses Across Five Major Cities
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids under the ‘Grand Challenge’ program to select bus operators for the procurement, operation, ...
MNRE Offers Residential Consumers Freedom of Choice to Select Rooftop Solar Installers
The Ministry of New and Renewable Energy (MNRE) has announced that residential consumers could install rooftop solar systems through vendors of their choice. They can inform the distribution company (DISCOM) ...
China Installed 53 GW of Solar Capacity in 2021, Braces for a Post-Subsidy Era in 2022
Being the first year of China's 14th five-year plan (2021-25), 2021 witnessed several developments that could have deep ramifications for the solar industry in the country. One of the major ...
Warren Buffett’s MidAmerican Energy Plans a $3.9 Billion Renewable Energy Project
MidAmerican Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy, announced its plans for a $3.9 billion renewable energy project in Iowa, United States. The proposed project called ‘Wind PRIME’ ...
EoI Invited to Develop 120 MW of Solar Projects Along Maharashtra Prosperity Corridor
Maharashtra State Road Development Corporation Limited (MSRDC) has issued an expression of interest to develop 120 MW of solar projects on land available across the 701-kilometer Hindu Hrudaysamrat Balasaheb Thackeray ...
Daily News Wrap-Up: India, Denmark to Initiate Joint R&D on Green Hydrogen
Here are some noteworthy cleantech announcements of the day from around the world: India and Denmark agreed to initiate joint research and development on green fuels, including green hydrogen, during ...
Rajasthan Electronics Invites Bids for Supply of 100,000 Mono PERC Solar Cells
Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the state and central government, has invited bids for the supply of 100,000 monocrystalline passivated emitter and rear cell (PERC) ...
ReNew Power and Fluence Form JV to Offer Energy Storage Solutions
Indian renewable energy developer ReNew Power has announced that it has entered into an agreement with Fluence, a provider of energy storage products and services, to form a joint venture ...
