Green mobility: IREDA launches scheme to finance battery storage, green hydrogen and fuel cell technologies
The State-controlled renewable energy and energy efficiency lender has launched a scheme to finance new and emerging technologies that promote and increase the usage of renewable energy in the transport sector.
Asia Pacific solar supply chain trouble to ease this year, according to analyst
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
Daily news wrap: Waaree Energies gets SEBI nod for IPO, Jharkhand starts getting 200 MW solar power from Gujarat
Solar manufacturer Waaree Energies had filed its draft red herring prospectus (DRHP) with Sebi in September last year. Jharkhand has started getting 200 MW of solar power from Gujarat at a price of INR 2.5/kWh under a 25-year PPA with SECI.
Adani Power appoints CEO
The private-sector power producer has appointed Shersingh B. Khyalia as chief executive officer with effect from January 11, 2022.
SJVN secures 125 MW of solar projects in Uttar Pradesh
The State-owned hydropower producer has been awarded 75 MW of grid-connected solar projects in the Jalaun district and 50 MW in the Kanpur Dehat district. Power generated from these projects shall be procured by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 25 years.
Daily news roundup: Mecwin and KVG Bank partner on solar pump finance, Adani’s new energy arm
Bengaluru-based Mecwin Technologies Ltd and Karnataka Vikas Grameena Bank (KVGB) have partnered to finance solar pump-sets for farmers. Adani has formed a new energy arm called Adani New Industries Limited (ANIL).
India may add 12.5GW of solar in 2022-23
Ratings agency ICRA expects the solar boost based on the backlog of PV projects awarded by central and state electric utilities.
ReNew raises $400 million by issuing green bonds
The developer shall use the amount raised to refinance existing debt and fund capital expenditure in renewable energy assets, among other uses.
SmartHelio appoints key executives
The Swiss PV diagnostics and predictive solutions provider has appointed Neeraj Dasila as chief technology officer (CTO), and Shankaransh Srivastava as vice president-marketing.
Reliance New Energy Solar buys 1.84 crore Sterling & Wilson Renewable shares from Shapoorji Pallonji
Consequent to this acquisition, Reliance New Energy Solar holds 25.16% of the total paid-up equity share capital of Sterling & Wilson Renewable Energy (formerly known as Sterling and Wilson Solar Limited).
