Uma Gupta
India’s energy transition presents $25 billion annual investment potential: Avendus Capital
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
India surpasses 64 GW of installed solar capacity: MNRE
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
ReNew repaid over $1 billion to offshore bondholders in FY2023
The amount repaid included the most recent amortization of $180 million this month.
Indosol, Reliance win production-linked incentives for poly-to-module manufacturing
Eleven companies have emerged winners in the second round of production-linked incentive scheme for high-efficiency solar modules. Out of these, Indosol, Reliance, and First Solar have won incentives for fully integrated manufacturing capacities.
IREDA touches new record in lending for renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.
Gentari signs 5,000 commercial EV supply pact with Tata Motors
Gentari, a Vehicle-as-a-Service (VaaS) provider, has signed pacts with Tata Motors, MoEVing, and Gati to strengthen its fleet of electric cargo vehicles.
ISA, UNDP launch pilot projects on farmland solar in ten African member countries
International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.
L&T wins transmission project backing solar power evacuation from Rajasthan
Larsen & Toubro (L&T) has secured EPC orders for transmission lines backing renewable energy (RE) projects in Gujarat and Rajasthan.
Indian researchers develop low-cost method to produce metal-oxide layers for solar cells
Researchers at IIT Mandi developed high-quality, uniform thin films of nickel oxide on the silicon substrate using an aerosol-assisted chemical vapor deposition technique with nickel nitrate as the precursor material.
BVG wins BOS package for 100 MW solar project in Punjab
Bharat Vikas Group (BVG) has won the balance-of-system package for SJVN Green Energy’s 100 MW (AC) grid-connected solar PV power project in Punjab. The total project value, including three-year operation and maintenance, is INR 116.29 crore.
