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Distributed solar

India signs MoU on energy efficiency programmes in Indonesia, Malaysia and Thailand

India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.

PM Modi inaugurates India Energy Week 2023 in Bengaluru

Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.

TERI recommends provisions for green fund in Union Budget 2023-24

Experts at TERI say the money collected as cess on coal could be used to create a Green Equity Fund and also provide viability gap funding for energy transition projects.

Ecozen raises $25 million, led by Nuveen

The Pune-headquartered solar pump controller and solar cold storage solutions provider will use the funds to expand beyond India and tap business opportunities beyond agriculture. 

Minigrid operator Husk Power achieves profitability with India leading the way 

Bihar-based Husk Power Systems, which serves rural Asia and Africa, became EBITDA positive in the fourth quarter of 2022 in India and Nigeria. 

Himachal Pradesh targets 100% green energy by 2025

Solar projects aggregating to 500 MW are on the anvil. These projects are planned in the state during the fiscal year 2023-24.                                                                                                                

India installed about 14 GW of solar in 2022

India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.

India misses 2022 renewables target of 175 GW by 30%

India has installed a cumulative renewables capacity (excluding large hydro) of 122 GW as of December 31, 2022, falling 30% short of its 175 GW target. While solar addition has remained more consistent than wind over the last few years, 2023 is going to be a challenging year for PV installation due to the shortage of domestically manufactured modules.

Servotech to install solar-plus-storage carport with EV charging at MNRE premises

Servotech Power Systems will deploy a 5 kW solar carport paired with lithium battery storage and two 11 kW DC fast EV chargers at the Ministry of New and Renewable Energy’s (MNRE) premises in Delhi.

GEAPP, ISA sign $10 million grant agreement to boost solar deployment

The Global Energy Alliance for People and Planet (GEAPP) has signed a $10 million grant agreement with the International Solar Alliance (ISA) to boost the deployment of solar energy in developing countries.

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