
ACME Partners with Norfund to Develop Renewable Energy Projects in India
ACME Group and Norwegian investment fund Norfund will co-invest in the development of greenfield renewable power projects in India. Norfund invests in developing countries and manages the Norwegian Climate Investment ...

Rajasthan Signs MoUs Worth ₹1.23 Trillion for Renewable Projects
To project Rajasthan as an attractive investment destination, the Rajasthan government has signed memorandums of understanding (MoUs) for nearly ₹1.23 trillion (~$15.77 billion) of renewable energy projects under the Invest ...

Adani Green’s Renewable Capacity Up 35% YoY to 7,324 MW in 9M FY23
Adani Green Energy's (AGEL) total operational capacity has increased 35% year-over-year (YoY) to 7,324 MW in the first nine months (9M) of the current financial year. The company's operational portfolio ...

Energy Storage Sector Upbeat for 2023 Despite Cost, Supply Chain Challenges
India’s renewable energy growth plans are closely tied to energy storage to mitigate the intermittency of renewable sources as the country strives to meet the rising round-the-clock (RTC) clean energy ...

Metals Used in Energy Transition Presents $10 Trillion Investment Opportunity
The market value for crucial metals needed in energy transition technology will likely triple by 2050 to present a $10 trillion opportunity, BNEF’s first Transition Metals Outlook showed. It said ...

Daily News Wrap-Up: Maharashtra Signs $2.5 Billion Pact for Battery Swapping Solutions
Here are some noteworthy cleantech developments from around the world The Maharashtra government has announced a strategic energy partnership with Gogoro Inc. and Belrise Industries to establish a $2.5 billion ...

Adani Green to Acquire 50% Stake in Rajasthan-based Solar Park Developer
Adani Renewable Energy Two, a wholly-owned subsidiary of Adani Green Energy (AGEL), said it has signed a binding agreement to buy 50% equity interest in Essel Saurya Urja Company of ...

Researchers Cut Cell Size to Bring Down Cost of Flow Batteries
Researchers at the Georgia Institute of Technology in the U.S. have developed a compact flow battery cell configuration that reduces the size of the cell by 75% and correspondingly reduces ...

Outlook for Indian Solar Industry in 2023: A New Manufacturing Era Begins
As we enter 2023, a new era is beginning in the Indian solar industry - a move toward domestic manufacturing and supply chain independence. The solar industry in India experienced ...

Scheduled Banks’ Loans to Renewable Projects Up 113% in April-Nov Period
The loans to the renewable energy projects disbursed by the scheduled commercial banks stood at ₹41.77 billion (~$507.19 million) as of November 2022. This is a 113% year-over-year jump in ...

Daily News Wrap-Up: L&T Partners with H2Carrier for Green Hydrogen Projects
Here are some noteworthy cleantech developments from around the world Mumbai-based hi-tech engineering company Larsen & Toubro (L&T) announced the signing of a memorandum of understanding (MoU) with the Norway-based ...

Renewable Energy Firm Silicon Ranch Raises $600 Million in Equity Capital
Nashville-based Silicon Ranch, a renewable energy developer, and battery storage solutions provider has conducted a $600 million equity raise to help accelerate its growth strategy for new projects and expand ...

Low Cost of Green Hydrogen Depends on Right Project Finance Program
Development of the green hydrogen industry will require substantial capital and the financing for such projects will have to borrow more from the precedents of offshore wind and LNG undertakings, ...

How to Convince India’s MSMEs to Go Solar
India has millions of Micro, Small, and Medium Enterprises (MSMEs), which are the growth engine of its economy and represent the nation's entrepreneurial spirit. Power is one of the largest ...

Renewable Energy Projects in Central Pool to Have Uniform Tariff for DISCOMs
The Ministry of Power has amended the Electricity Rules providing guidelines to implement the uniform renewable energy tariff for the central pool of projects connected to interstate transmission systems (ISTS) ...

Month in a Minute: Top Headlines from Indian Renewable Sector in December 2022
India installed around 596 MW of open access solar capacity in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 91% year-over-year. The figure was revealed ...

Food Company JBS to Issue International Renewable Energy Certificates
JBS, a Brazil-based meat processing company, announced that its 45 MW thermoelectric project in the city of São Paulo has qualified to issue International Renewable Energy Certificates (I-REC). Across the ...

Renewables Tender Trajectory Key to Mitigating Project Risks
Stakeholders in India’s renewables sector have called for a pre-determined calendar for tenders so that the resultant certainty can help companies plan their finances and manage supply chain constraints more ...

Significant Developments in India’s Energy Storage Sector in 2022
India’s energy storage sector witnessed significant developments in 2022, which included the government issuing guidelines for the use of batteries as part of the generation, transmission, and distribution assets, the ...

REC Trading Jumps 31% with Clearing Price of ₹1,000 Under New Regulations
The Renewable Energy Certificates (RECs) trading on Wednesday saw a clearing price of ₹1,000 (~$12.08)/REC being discovered in the first session at the Indian Energy Exchange (IEX) after the implementation ...

Swiss Researchers Say Raised Perovskite Cells’ Stability at 24.9% Efficiency
A team of researchers from École polytechnique fédérale de Lausanne (EPFL), Switzerland, have developed a method that improves both power conversion efficiency and stability of solar cells based on pure ...

Altus Power to Acquire 220 MW of Solar Assets for $293 Million in US
U.S.-based independent developer, owner, and operator of commercial-scale solar projects, Altus Power, entered a definitive agreement to acquire about 220 MW of solar assets for ~$293 million from the funds ...

Daily News Wrap-Up: Regulatory Nod for Punjab’s Renewable Purchase Trajectory
Here are some noteworthy cleantech announcements of the day from around the world: The Punjab State Electricity Regulatory Commission (PSERC) has issued the Renewable Purchase Obligations (RPO) and its Compliance ...

Daily News Wrap-Up: Over 766,478 EVs Supported Under Phase II of FAME Program
Here are some noteworthy cleantech announcements of the day from around the world: The second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME India) program has provided ...

Spain’s Bruc Acquires Six Solar Projects with 384 MW Capacity from Opdenergy
Spain-based renewable energy group Bruc has acquired six new solar photovoltaic power projects with a cumulative capacity of 384 MW from independent renewable energy producer Opdenergy. The assets are part ...