Home » Daily Newsletter » Minigrid Pioneer Husk Power Turns Profitable After 14 Years
Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to...
The Ministry of New and Renewable Energy has released the latest AMM (Approved list of module manufacturers) for January 2023,and the list of manufacturers continues to grow. 14 new manufacturers make an entry in January, notably BHEL with a 214 MW approved capacity or its...
As renewables increase their share in grids worldwide, the issue of grid stability has moved centre stage, even leading to the dreaded 'curtailment' as we know it in India, on a massive scale in South Australia for instance. This has also opened up opportunities for...
Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing...
South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to...
Global renewable players Enfinity Global and Statkraft have announced that they have signed a 10-year solar power purchase agreement (PPA) in Italy. As per the deal, the committed energy will be produced by a 112 MW utility-scale solar power portfolio owned by Enfinity Global. The...
Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold...
Scientists from China and Sweden have come up with a method that could enable manufacturing of more advanced solar cells on a large scale with lower costs. If that sounds like the holy grail of solar production, then it really is solar costs have turned...
The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding...
The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh...
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