CleanMax raises $360 million from Brookfield
The solar and wind project developer said the fund raised from Brookfield Renewable will support its growth plans of becoming a 5 GW+ platform over the next three to four years.
India installed 485 MW of rooftop solar capacity in Q1 2023
India reached a cumulative installed rooftop solar capacity of 9.3 GW as of March 31, 2023, with the addition of 485 MW in Q1 2023.
Global investment in clean energy nearly doubles that of fossil fuels
For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.
India to add 20 GW of renewable energy capacity in FY2024, says ICRA
ICRA expects India to add 16 GW of solar power generation capacity, 2 GW of wind and another 2 GW from hybrid projects in FY2023-24.
India added 1.9 GW of solar capacity in Q1 2023, says Mercom
The solar capacity addition in the Jan.-March period was 30% less than 2.7 GW installed in the previous quarter.
Biofuels vs. solar electricity for urban mobility
Solar electricity will have to compete with biofuels in the urban mobility landscape. Biofuels, however, have a very low energy productivity per hectare, as well as high requirements for fertilizers, pesticides, and water.
Telecom operators applaud move to allow load aggregation for green energy access
The latest amendment to the Electricity Rules, 2023 (Promoting Renewable Energy Through Green Energy Open Access) allows the telecom sector to aggregate the electricity consumption of telecom sites in order to avail renewable energy under the open access route.
$30.3 billion market potential for solar pumps, dryers in India
A new report states solar-powered pumps (higher capacity and micro-pumps) offer a $28 billion market potential in India, the maximum among all mature decentralized renewable energy (DRE) livelihood applications. Solar dryers have the second-largest deployment potential at $2.3 billion.
Sterlite Copper to source hybrid renewable power from Serentica Renewables
Vedanta arm Sterlite Copper has partnered with Serentica Renewables to establish a hybrid renewable energy project for self-consumption. It will source 16 MW of hybrid renewable power from the plant under a 25-year power delivery agreement.
Solarizing the telecom tower sites in India
Delta Electronics India is a leading power and energy management solutions provider for the telecommunications industry. Rajesh Kaushal, vice president at Delta Electronics India, speaks to pv magazine about solarization of telecom tower sites in India, Delta’s role in driving this transition with its energy management solutions, challenges, and the way forward.
