Author: Staff

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Grew Energy to Build 3.2 GW Solar Module Facility in Jammu & Kashmir

Grew Energy, a renewable energy venture of the Chiripal Group, announced plans to set up a 3.2 GW solar module manufacturing facility in Kathua, Jammu & Kashmir. The...

May 10, 2024

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Staff

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Manufacturing

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Solar
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India Now Third Largest Solar Power Producer But Emissions Rise in 2023: Report

India’s power sector emissions rose 7.2% in 2023 from the previous year as a decline in hydropower generation due to droughts, particularly in the second half of...

May 10, 2024

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Staff

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Uncategorized
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Researchers Strategize Reduction of Water Use in Solar Cell Manufacturing

In a recent paper published in Solar Energy, researchers said they collected data from a solar cell factory to develop and evaluate water recycling strategies in the...

May 10, 2024

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Staff

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Solar

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Technology
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Array Technologies Swings to Q1 Loss as Lower Prices Bite

Array Technologies, a utility-scale solar tracker supplier, reported a net loss of $11.3 million in Q1 2024 from a net income of $17.2 million in the same quarter last...

May 10, 2024

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Staff

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Finance and M&A

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Solar
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Fluence Energy Q2 Net Loss Narrows by 66% on Lower Costs

Fluence Energy, a utility-scale energy storage firm, reported a 66% narrower net loss of $12.9 million in the second quarter (Q2) of financial year (FY) 2023-24 from $37....

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Sunrun Narrows Loss in Q1 2024 as Storage Installations Grow 15% YoY

U.S-based solar energy, battery, and storage service provider Sunrun incurred a net loss of $87.8 million in the first quarter (Q1) of 2024 due to the company...

May 10, 2024

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Staff

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Finance and M&A

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Solar
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Oriano, Waaree, Prozeal: Leading Solar EPC Companies in 2023

Oriano, Waaree Renewable Technologies, Prozeal Green Energy, Tata Power Solar, and Gensol Engineering emerged as the top utility-scale solar engineering, procurement,...

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GreenCell Mobility Secures ₹3 Billion for Electric Bus Fleet in Uttar Pradesh

Electric mobility company GreenCell Mobility has secured ₹3.07 billion (~$37 million) in green financing from Japan-based bank Sumitomo Mitsui Banking Corporation (SMBC)...

May 9, 2024

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Staff

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Electric Vehicles
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RE100 Companies Met 50% of Power Needs from Renewables in 2022

RE100, a consortium of over 400 companies committed to using 100% renewable electricity, met 50% of their electricity needs from renewables in 2022, up from 49% in 2021,...

May 9, 2024

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Staff

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Renewable Energy
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Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears

Solid Power, which develops solid-state battery technology for electric vehicles, reported a net loss for the first quarter (Q1) of 2024 that widened to $21.2 million...

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PM Surya Ghar Program: MNRE Announces New Vendor Registration Guidelines

The Ministry of New and Renewable Energy (MNRE) has announced new guidelines for vendor registration under the recently approved PM Surya Ghar: Muft Bijli Yojana rooftop...

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CERC Orders Compensation to Azure for Bird Diverters Installed in GIB Region

The Central Electricity Regulatory Commission (CERC) has issued an order directing Solar Energy Corporation of India (SECI) and distribution companies to compensate...

May 8, 2024

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Staff

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Market & Policy
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REMC Floats Tender for Health Assessment of 26 MW Wind Project in Rajasthan

Railway Energy Management Company (REMC), a joint venture between RITES and the Ministry of Railways, has invited bids to hire consultancy services for conducting a...

May 8, 2024

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Staff

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Tenders and Auctions
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GEF Invests ₹5.8 Billion in TI Clean Mobility to Develop EV Verticals

TI Clean Mobility (TICMPL), a wholly-owned subsidiary of Tube Investments of India, a Murugappa Group company, has raised ₹5.8 billion (~$69.5 million) in equity and...

May 8, 2024

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Staff

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Electric Vehicles
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Funding and M&A Roundup: Scout Clean Energy Secures $100 Million

From: Mercom Capital Group Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, announced the closing of a $100 million equipment supply...

May 8, 2024

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Staff

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Finance and M&A

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Other

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