Daily News Wrap-Up: BluPine Gets ₹5.11 Billion Loan for 120 MW Solar Project
Odisha sets generic tariffs for small hydro and biomass power projects till FY26
December 15, 2023
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Renewable energy company BluPine Energy has announced the financial closure of ₹5.11 billion (~$61.3 million) for its 120 MW solar project in Gujarat. The green loan financing for the project was secured from Standard Chartered. The total investment for the project is valued at ₹6.65 billion (~$79.8 million). Upon completion, the project is expected to generate about 323,000 MWh of solar energy annually, offsetting an estimated 296,000 tons of CO2 and providing power to approximately 270,000 households.
Odisha Electricity Regulatory Commission has determined the generic tariff and prices for renewable energy projects, including small hydro, biomass, and non-fossil fuel-based co-generation power projects. The control period of the tariff will span three financial years, starting from the beginning of the financial year (FY) 2023-24 and ending at the conclusion of FY 2025-26 for all renewable power projects. For small hydroelectric projects, the control period extends from the beginning of FY 2023-24 to the end of FY 2027-28.
Pune-headquartered KPIT Technologies, an autonomous software integration partner for the automotive and mobility sector, has introduced its sodium-ion battery technology with the aim of alleviating lithium dependency in India’s energy storage sector. The technology is anticipated to decrease reliance on imported core battery materials and boasts various applications within the automotive and mobility realms, particularly for electric two and three-wheelers and commercial vehicles.
Bengaluru-based electric vehicle (EV) charging and battery startup Exponent Energy has raised $26.4 million in a series B funding round led by Eight Roads Ventures and a strategic investment from TDK Ventures, marking their debut investment in India’s EV sector. The company plans to utilize the fresh funding to expand its presence to five new cities by the fiscal year 2024. The startup aims to diversify its electric three-wheeler space offerings and enter the intercity e-bus segment in 2024. By 2025, Exponent envisions deploying 1,000 charging stations and powering 25,000 EVs with their innovative technology. The latest funding brings Exponent’s total capital raised to $44.4 million.
The U.S. energy storage market installed 7,322 MWh in the third quarter (Q3) of 2023, the highest capacity in a quarter to date, according to the U.S. Energy Storage Monitor report by Wood Mackenzie and the American Clean Power Association. The cumulative capacity of energy storage installations in 2023 reached 13,518 MWh, surpassing the total volume in the whole of 2022, which stood at 11,976 MWh. The report suggests that installations in Q3 could have been higher if not for the delay experienced by 80% of the projects that were in the pipeline.
As solar power installations continue to grow, it has become crucial to optimally size the solar photovoltaic (PV) inverters to maintain their efficiency and performance to manage power generation in high ambient temperatures. Mercom India hosted a webinar titled “Optimal Sizing of PV Inverters for Robust Performance in High Ambient Temperatures” on December 12, 2023, where industry experts discussed the factors involved in optimally sizing solar PV inverters for diverse locations and temperatures and achieving higher performance.
Mercom Staff
More articles from Mercom Staff.
what colo.....nevermind....
They're bla....ah fuggit
hahaha
s-s-s-so In the name of justice shoes will suffice? I think ..... I have an Idea! Whenever there is some form of shooting of a person of color... EVERYONE, E-V-E-R-Y-O-N-E every color of race go to your local shoe store and loot EVERYTHING! Employees, unlock the doors and open the storage rooms! EVERYTHING IS FREE!...If it happens enough for them to lose money, maybe then the woke companies will think twice of endorsing these communists.
They are not rioters. They are thieves and should be treated as such. I can't just bust into my local mall claim and rioting because Biden isn't a true American. He works for China.
By behaving like animals they are creating a shithole society never crosses their mind. Only rule of law keeps these people in check, which means they are all criminals given the chance. Moral virtue, upstanding citizen, seem to be alien concepts to them.
They act like that because they'll allowed to--punish the stinkin MF-ers and it would stop!!
Around blacks hide your Air Max.
This looks like Biden with Taxpayer funds and Illegals.
Lmao black people doing black people shit
When is it going to be lawful to just bring a machine gun and exterminate these animals? They are not human. They are large cockroaches.
Bet they left all the work boots in the store lol
Not a single work boot was stolen!
BUT 40 WHITE WiVES WILL CUCKOLD THEM LOOTERS
Dear Coca Cola, Delta Airlines, and other woke corporate idiots:
Send more money. This is a shakedown letter like Jesse Jackson and Al Sharpton used to send, but we've taken over. Our last communist leader, Patrice Khan Cullor, spent all the money you sent before on multi million dollar lavish mansions in white neighborhoods. If you don't send more money, we'll loot, burn, and destroy and call you racist. That's who we are, that's what we do.
Sincerely,
Black Lies Matter
REPUBLICAN WIVES SLOBBER OVER BIG BLACK COCK MATTERS
It's insurance redlining. That's what happened after the widespread 1968 riots in all the major cities. The insurance premiums based on the risk was so high nobody could afford to pay it, so companies deserted the neegro areas. So the democrats used the Fair Housing Act to make redlining illegal, so now businesses in nice safe civilized areas pay higher premiums for the risk and danger of the savage neegro areas. If they don't, they get fined or have their licenses revoked. See how compassionate democrats are?
Murder them all fucking monkeys
Drop a bomb on Minnesota
Is that you George Sorros? Im surprised you didnt suggest forced vaccination, the Bill Gates way of killing off the population LMAO
The quicker the world ends - the better
Warm up for georgie floydie riots, loots after there is a hung jury. 2000 times as actives, locations every dem controlled city. likely most cities. some in europe, maybe mars, maybe saturn. All sorts of looting, property destruction, a huge number of beatings, a few killings. subburbs will be protested, maybe even looted, burned. Get ready.
Whites, hispanics, asian need to hide out. Liberal city mayors will allow anything from the professional protesters, looters. Might consider stocking on supplies, food, protective equipment.
When you see or hear the expression "N!663RS gonna nig " That's another example of a nig.
They weren’t looting; they were using their Massa Cards to pay for the product – accepted in most major cities!!
There has been a few, but too few and far in-between. Maybe Obama, Louis Farrakhan, or Al (what hisname)? NNNAHHH! Nothing Positive for the AMERICAN (Black or anyone) People!
And remember. Each one of those people received $1,400 each and the ones with kids, an additional $1,400 each.
These fools all got the $1400 stimulus checks but still can't resist their natural urge to steal. A punk ass bitch gets pulled over for a traffic violation and doesn't want to get arrested for the outstanding warrant that's out on his ass so he tries to run and gets shot~ these looters don't really care about that- it just gives them an excuse to loot stores using mob action to get away with it.
I'll bet you ten to one these fools sit around thinking things like, "I hopes some black fool gets his ass shot soon so we can go out rioting, robbing and looting! I needs me a new TV and some new shoes and dat would be da perfect excuse!"
You're operating under the old paradigm of western civilization rule of law, where one written code applies to everyone. Like the piedmont of the Supreme Court says, "Equal Justice Under Law." And that's where you're mistaken. As 0bama continues to fundamentally transform America, he doesn't want the diverse heavily pigmented community to follow the law. That's too hard. The average African IQ is 75. So, the new paradigm you need to get used to is unequal application of the law. Blacks get special treatment. When they break the law, they get coddled and maybe reparations checks, preferred admission to the best schools, or affirmative hiring into jobs they're unqualified for. In the cities where these heavily pigmented people congregate, the prosecutors are with the program. They don't prosecute, or maybe if it's teenage girls killing an uber-eats driver in an attempted carjacking they get released on their own recognizance. See how that works? Stealing shoes and burning this store down isn't criminal. It's social justice! Welcome to democratland.
Yes man. Hit the nail on the head. They sit in their room, on their torn azz couch, with their nappy grapefruit heads,
"I needs a poleece invaw shootin. Hopes one uh my bruhs gets capped. So's I can gets some loot." 🧔🏾
When they see a store like that, it's impossible for them to resist stealing.
Piranha picking clean a victim. Nothing is left.
We ain't called Burn Loot Murder
fo nothing.✊🏿🧔🏾
OH NOOO a Mega Corporation that makes hundreds of millions in profits every year had 1 store ransacked. Well good thing insurance will pay the bill. That poor corporation whatever will it do LMAO! Who GAF
You should GAF you retard. To whom do you think the costs will be passed on to? And what about the people who work there? Now they're screwed too. It's idiots like you that make the adage "evil only persists because good me do nothing" more evident than ever.
Fucking zoo. Criminals! Shoot them all dead!
I hope that Foot Locker sends the bill to CNN and the White House. They encouraged and supported this insanity.
Nothing screams "protest police violence" more than stealing Jordans and 40oz bottles of Ole E Malt Liquor!
N|ggers being n|ggers...
This country under the democrats is going on the express train to hell.
ALL IS SEE IS BLACKS FOR TRUMP CONSERVATIVE REPUBLICANS