Karnataka Aims to Develop 10 GW of New Renewable Energy Projects by 2027

Karnataka Aims to Develop 10 GW of New Renewable Energy Projects by 2027

The Government of Karnataka has announced the new 'Karnataka Renewable Energy Policy,' which will be valid for the 2022-2027 period. The policy aims to project Karnataka as a preferred investment ...
IREDA Reports Highest-Ever Profit of ₹6.34 Billion in FY 22, an 83% Jump YoY

IREDA Reports Highest-Ever Profit of ₹6.34 Billion in FY 22, an 83% Jump YoY

Indian Renewable Energy Development Agency (IREDA), a non-banking financial company (NBFC) under the Ministry of New and Renewable Energy (MNRE), recorded an all-time high annual profit after tax (PAT) of ...
Daily News Wrap-Up India Launches Open Access Registry for Power Transmission (1)

Daily News Wrap-Up: India Launches Open Access Registry for Power Transmission

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power announced the launch of the National Open Access Registry (NOAR). It is a ...
Renewable Energy Generation in the US Surpassed Nuclear in 2021

Renewable Energy Generation in the US Surpassed Nuclear in 2021

Electricity generated from renewable sources totaled 795 million megawatt-hours (MWh) in the United States in 2021, surpassing the 778 million MWh of electric power generated from nuclear reactors. According to ...
Daily News Wrap-Up: SJVN and SAEL Winners in Punjab's 150 MW Solar Auction

Daily News Wrap-Up: SJVN and SAEL Winners in Punjab’s 150 MW Solar Auction

Here are some noteworthy cleantech announcements of the day from around the world: Punjab State Electricity Regulatory Commission (PSERC) allowed Punjab State Power Corporation's (PSPCL) petition to adopt the tariff ...
Shell to Acquire Sprng Energy Group for $1.55 billion (1)

Shell to Acquire Sprng Energy Group for $1.55 Billion

Shell Overseas Investment, a wholly-owned subsidiary of Shell, today signed an agreement with Actis Solenergi Limited to acquire 100% of Solenergi Power Private Limited for $1.55 billion and the Sprng ...
/ / Finance and M&A, Other
IEX Reports 50% YoY Increase in Profits for FY 2022, Trades 102 BU of Power During the Year

IEX Reports 50% YoY Increase in Profits for FY 2022, Trades 102 BU of Power During the Year

The Indian Energy Exchange (IEX), in its recently announced financial results for the fiscal year (FY) 2021-22 and fourth quarter (Q4) FY-22, reported a 50% year-on-year (YoY) increase in profit ...
/ / Other, Renewable Energy
NTPC Issues Tender for 250 MW500 MWh Battery Energy Storage System in Rajasthan

NTPC Issues Tender for 250 MW/500 MWh Battery Energy Storage System in Rajasthan

NTPC Renewable Energy has issued an invitation for bids (IFB) for the design, engineering, manufacturing, supply, installation, and commissioning of a 250 MW/500 MWh grid-connected standalone battery energy storage system ...
Daily News Wrap-Up Regulator Allows Tariff of ₹8.40kWh for a Delayed Solar Project

Daily News Wrap-Up: Regulator Allows Tariff of ₹8.40/kWh for a Delayed Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Karnataka Electricity Regulatory Commission (KERC) has condoned the delay in commissioning a 1 MW solar project by ...
/ / Other, Renewable Energy
TotalEnergies’ Net Income Surges 48% YoY to $4.9 Billion in Q1 2022

TotalEnergies’ Net Income Surges 48% YoY to $4.9 Billion in Q1 2022

French oil and gas company TotalEnergies reported a first-quarter net income of $4.9 billion, a 48% year-over-year (YoY) increase compared to $3.3 billion in Q1 of 2021. The oil and ...
/ / Finance and M&A, Other
Enphase Energy Records a YoY Revenue Surge of 46% in Q1 2022

Enphase Energy Records a YoY Revenue Surge of 46% in Q1 2022

Enphase Energy, a supplier of micro inverter-based solar-plus-storage systems, reported a record first quarter (Q1) revenue of $441.3 million, a year-over-year (YoY) increase of 46.2% compared to $301.7 million in ...
/ / Other, Renewable Energy
Daily News Wrap-Up: NTPC Signs MoU with Energy Vault for Gravity-Based Energy Storage

Daily News Wrap-Up: NTPC Signs MoU with Energy Vault for Gravity-Based Energy Storage

Here are some noteworthy cleantech announcements of the day from around the world: NTPC announced the signing of a memorandum of understanding with Energy Vault Holdings, Inc. to collaborate and ...
/ / Other, Renewable Energy
Aker Horizons, Statkraft to Jointly Produce Green Hydrogen in India and Brazil

Aker Horizons, Statkraft to Jointly Produce Green Hydrogen in India and Brazil

Aker Clean Hydrogen, integrated hydrogen, ammonia, and methanol producer and a portfolio company of Aker Horizons, is collaborating with renewable energy developers  Statkraft and SOWITEC to explore opportunities to produce ...
/ / Other, Other Energy
First of its Kind Auction Brings Down the Cost of Operating Electric Buses Close to Diesel

First of its Kind Auction Brings Down the Cost of Operating Electric Buses Close to Diesel

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), announced that its tender for operating 5,450 electric buses has resulted in the lowest-ever prices. The ...
1.4 TW of Solar, Battery, Wind Awaiting Grid Interconnection in the US

1.4 TW of Solar, Battery, Wind Awaiting Grid Interconnection in the US

The proposed solar, battery storage, and wind power project capacity lined up to connect to the electric grid across America has risen to 1,400 GW, according to new research published by ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Tata Motors Partners with Lithium Urban to Deploy 5,000 Electric Cars

Daily News Wrap-Up: Tata Motors Partners with Lithium Urban to Deploy 5,000 Electric Cars

Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors signed a memorandum of understanding with Lithium Urban Technologies, an EV-based urban transportation service provider, ...
/ / Other, Renewable Energy
Azure Power Announces Resignations of Both CEO and COO

Azure Power Announces Resignations of Both CEO and COO

Azure Power Global Limited, an independent sustainable energy solutions provider and power producer in India, announced that its Board of Directors had accepted the resignations of its Chief Executive Officer ...
/ / Other, Renewable Energy
NTPC Invites Bids From Electrolyzer Technology Providers for Green Hydrogen Projects

NTPC Invites Bids From Electrolyzer Technology Providers for Green Hydrogen Projects

NTPC Renewable Energy (NTPC REL) has issued a notice for upcoming invitations for bids to select electrolyzer technology providers to participate in green hydrogen tenders for two years. The selected ...
NextEra's Clean Energy Business Records Net Income of $628 Million in Q1 2022

NextEra’s Clean Energy Business Records Net Income of $628 Million in Q1 2022

The U.S.-based energy company NextEra Energy reported first-quarter earnings of $1,455 million, a year-over-year (YoY) increase of 9.3% compared to $1,330 million in 2021. NextEra Energy is headquartered in Florida ...
/ / Finance and M&A, Other
Daily News Wrap-Up: NTPC Partners With Delhi Water Board to Convert Sludge into Energy

Daily News Wrap-Up: NTPC Partners With Delhi Water Board to Convert Sludge into Energy

Here are some noteworthy cleantech announcements of the day from around the world: NTPC partnered with Delhi Jal Board to utilize the sludge produced in their sewage treatment plants to ...
/ / Other, Renewable Energy
EoI Invited for Electrolyzer-Based Green Hydrogen Projects in Gujarat

EoI Invited for Electrolyzer-Based Green Hydrogen Projects in Gujarat

Gujarat Industries Power Company Limited (GIPCL) has issued an expression of interest (EoI) to set up 5 MW and 10 MW electrolyzer-based green hydrogen projects and associated facilities at Vadodara ...
Tesla Records an 81% YoY Surge in Revenue with $18.7 Billion in Q1 2022

Tesla Records an 81% YoY Surge in Revenue with $18.7 Billion in Q1 2022

Tesla registered a record revenue of $18.7 billion in the first quarter of 2022, a year-over-year (YoY) increase of 81% compared to $10.3 billion in Q1 of last year. Growth ...
/ / Other, Press Releases
Daily News Wrap-Up: JSW to Set Up 1.5 GW Capacity of Pumped Hydro Storage Project

Daily News Wrap-Up: JSW to Set Up 1.5 GW Capacity of Pumped Hydro Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, named Komoram Bheem Pump Storage Project in Telangana ...
/ / Other, Renewable Energy
37 New Renewable Energy Projects to Power Amazon’s Operations Across Eight Countries

37 New Renewable Energy Projects to Power Amazon’s Operations Across Eight Countries

E-commerce giant Amazon has announced 37 new renewable energy projects worldwide, including solar, wind, and battery integrated projects, totaling 3.5 GW of clean energy capacity, in line with its target ...
/ / Other, Renewable Energy
Solar Module Imports Jump by 210% YoY to 10 GW in the First Quarter Before BCD Takes Effect

Solar Module Imports Jump by 210% YoY to 10 GW in the First Quarter Before BCD Takes Effect

Indian solar developers have procured 9.7 GW of solar modules in the first quarter (Q1) of 2022 and stockpiled them ahead of Basic Customs Duty (BCD) on solar cells and ...