Daily News Wrap up: The Rise of Solar Co-ops: Collective Action for Installation Initiatives

RENEWABLE ENERGY NEWS

The Rise of Solar Co-ops: Collective Action for Installation Initiatives

By-Shreesh Chaturvedi? India, now the world's most populous country with 1.4 billion people, faces heightened energy demands due to its expanding population and robust economic growth. In response, the country has committed to reducing its carbon intensity by over 45% by 2030, achieving 50% of...Read more.

H1 Update: Adani Green Increases Its Capacity Upto 11.20 GW

Adani Green, the project developer company of the Adani Group today revealed that its operational capacity has progressed from 8.31 GW (H1 of FY24) to 11.20 GW in H1 of 2024-25. Its current capacity comprises 2,418 MW of solar and 450 MW of wind power...Read more.

Green Stocks Oct 11: Waaree Renewable Shines Among Green Stocks

Friday marked a positive day for Waaree Renewable, the EPC arm of the Waaree Energies. The company witnessed a rise of 5 percent in its stock price, the highest among the green stocks we analyse everyday. Most of the other green companies reported less than...Read more.

Key Global Policy Trends Accelerating the Renewable Energy Revolution

The transition to renewable energy is not just a technological shift; it's a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy...Read more.

Bundelkhand Expressway To Become UP’s First Solar Expressway

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has taken the first step towards building the state’s first solar expressway. It recently released a tender seeking developers to undertake this project. “The Bundelkhand Expressway is set to become the first 'Solar Expressway' in Uttar Pradesh....Read more.

PGCIL Wins Interstate Transmission Project in Rajasthan

Power Grid Corporation of India Limited (PGCIL) has now emerged as the successful bidder for a major Inter State Transmission Project in Rajasthan. The project will be under Tariff Based Competitive Bidding (TBCB) process with an objective to finalize the transmission system for evacuation of...Read more.

Anant Badjatya Becomes CEO Of SUN Mobility-IOCL JV

SUN Mobility-IOCL recently appointed Anant Badjatya as the new Chief Executive Officer (CEO) of its newly formed joint venture, Indofast Swap Energy Pvt. Ltd.? Anant Badjatya, former Chief Executive Officer (CEO) - SUN Mobility, has taken the reins of Indofast with immediate effect. This step...Read more.

How?Monitoring Improves Decentralized Renewable Energy To Support Healthcare?

By-Rishikesh Mishra and Lanvin Concessao The availability of reliable electricity increases a healthcare facility’s ability to treat patients and serve the community. Electricity is critical to operate basic equipment such as lights, fans and water pumps, but also run lifesaving equipment like baby warmers, oxygen...Read more.

Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain

The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that...Read more.

Telangana Approves Additional Surcharge For Open Access Consumers

The Telangana State Regulatory Commission (TGERC) has approved an additional surcharge of ?1.09 (~$0.012) per kWh for open access consumers for the second half (2H) of the financial year 2024-25. This surcharge will apply to the amount of electricity scheduled through open access, except for...Read more.

Q2 Results: IREDA Reports 36% Jump In Net Profits

The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2...Read more.

Trinasolar, Kiwi Solar & Trilect Partner For Agrivoltaics Project In New Zealand

Trinasolar, a photovoltaic (PV) and energy storage solutions provider has joined forces with Kiwi Solar and Trilect to launch Waikato's first-ever agrivoltaics project and marking Trinasolar's third foray into dual use agricultural and solar farming in New Zealand. Set across 6.5 hectares of land, the...Read more.

Wave Solar Inverters Seeks A Place In The Sun

India’s solar push, and now boom, has been through multiple cycles already, but perhaps none more important than the one post 2020. That is the period when both the government, and other stakeholders finally realised that business as usual was not going to help achieve...Read more.

EV's & Storage News

Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant

Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ?100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ?2,852.24 crore. The equity investment...Read more.