India overtakes China to become world’s largest electric three-wheeler market
Electric three-wheeler (e-3W) sales in India surpassed 580,000 in 2023, compared to 320,000 sold in China.
SJVN inaugurates multi-purpose green hydrogen project
The green hydrogen will be used as combustion fuel in HVOF coating of turbine underwater parts in addition to generating electricity through its 25 kW capacity.
REC secures JPY 60.5 billion green loan backed by Italian export credit agency SACE
REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.
Godrej & Boyce secures orders worth over INR 1,000 crore in FY 2024
Godrej Electricals & Electronics secured orders worth over INR 1,000 crore in FY 2024 for its power infrastructure business. Majority of these orders pertained to renewable energy evacuation.
Renuka Sharma promoted to APAC director at BayWa r.e.
Renuka Sharma, who previously served as the managing director of BayWa r.e. Thailand, is now BayWa r.e.’s energy solutions business director for the Asia-Pacific (APAC) region.
Another bidding extension for 300 MW solar EPC in Andhra Pradesh
EPC contractors can now submit bids until May 8 to set up 300 MW of solar capacity in the Ramagiri district.
Indian startup develops sand-based gravity energy storage system
Baud Resources, a cleantech start-up, has developed a gravity energy storage mechanism that uses locally available materials like sand and industrial waste as its payload. The company is expected to announce its inaugural commercial plant by the end of this year, with completion expected in 2025. The plant will have a 100 MWh capacity and offer a levelized cost of storage of around INR 2.5/kWh.
Grew Energy secures 200 MW in SECI’s 400 MW solar PV module auction
Grew is amongst three MNRE approved manufacturers to win the mandate to manufacture, test, package, forward, supply and transport solar PV modules.
ISA to accelerate solar initiatives in Uganda
The International Solar Alliance (ISA) and the government of Uganda recently discussed accelerating the solar mini-grid project to address Uganda’s energy access challenge and advancing the solar water pumping project under the India, Brazil, and South Africa (IBSA) Fund. New areas of cooperation, such as establishing a Solar Technology and Application Resource Centre (STAR-C), were also explored.
India installed 7.1 GW of renewable energy capacity in March
India set new record for monthly renewable energy installation by adding 7.1 GW of renewable energy capacity in March 2024. This monthly RE addition comprised more than 6.2 GW from solar.
