Canada’s SPARQ Systems enters PV microinverters partnership with Jio
Canada-based microinverter company SPARQ Systems has entered into a partnership agreement with JioThings, a fully owned subsidiary of Jio Platforms Ltd. of Reliance Industries, to supply the Indian conglomerate with PV microinverters.
ALMM mandate reimposed: What it means
The ALMM mandate reimposed from April 1, 2024 provides relief for solar developers with advanced progress in development and with expected commissioning post-March 31, 2024. It also allows exemption for open access-based and captive solar projects, enabling these projects to source modules from the most cost-competitive sources.
Tata Power Q3 FY 2024 PAT grows to INR 1,076 crore
Tata Power’s profit after tax for the third quarter (Oct-Nov-Dec. period) of FY 2024 grew to INR 1,076 crore compared to INR 1,052 crore in Q3 FY 2023.
India has installed more than 180 GW of renewable energy capacity as of Dec. 31
India has installed 180,796.35 MW of renewable energy capacity as of Dec. 31, 2023, including 73,318.49 MW (around 41%) from solar power projects.
Global solar corporate funding up 42% in 2023
Investors and developers raised more than $34.3 billion in 160 deals last year, according to a new report by Mercom Capital.
EET Hydrogen enters final negotiations with UK Govt to develop low-carbon hydrogen plant in Ellesmere
The hydrogen plant will have an initial production capacity of 350 MW. Construction is expected to begin later this year.
JSW Energy secures LoA for 6.5 ktpa green hydrogen capacity under govt incentives scheme
JSW Neo Energy Ltd, an arm of JSW Energy Ltd, has secured the Letter of Award (LoA) for building 6.5 ktpa green hydrogen production capacity under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
Manoj Kohli, Mahesh Makhija appointed to Sunsure Energy Board of Directors
Sunsure Energy has appointed former SoftBank India head Manoj Kohli and renewable energy specialist Mahesh Makhija to its Board of Directors.
Blended finance key to scaling small-scale solar projects
Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.
The Hydrogen Stream: India working on policy mechanism to promote use of green hydrogen for providing round-the-clock renewable energy
India’s Ministry of New and Renewable Energy is working on the modalities for promoting the use of green hydrogen in supporting round-the-clock electricity.
