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Uttar Pradesh targets 14,000 MW solar power
Uttar Pradesh is advancing its renewable energy goals by partnering with energy firms to establish floating solar power plants, aiming to reach 14,000 MW of solar power generation by 2027. Under the ‘PM Surya Ghar Yojana’, the state targets connecting 2.5 million households to solar energy. Floating solar projects are planned for seven reservoirs, in collaboration with NTPC, Tehri Hydro Development Corporation (THDC), and Satluj Jal Vidyut Nigam (SJVN), according to a government official. The…
Odysse Electric partners with Sun Mobility to power e-commute bike Vader SM in international markets
Odysse Electric has announced that Sun Mobility’s battery swap solution will power its e-commute bike Vader SM in key international markets through collaboration. This partnership aims to expand Odysse Electric’s global footprint and accelerate the adoption of electric mobility worldwide, according to a company statement. Odysse Electric’s product portfolio includes two e-motorcycle models and five e-scooter models with various variants. The partnership will utilize Sun Mobility’s battery-swapping platform to enhance the accessibility and convenience of…
MOS Utility to enter solar business with new Memorandum of Association clause
Fintech firm MOS Utility’s board has proposed a foray into the solar business, approving the alteration of the object clause in its Memorandum of Association. The new clause will enable MOS Utility to manufacture, assemble, purchase, import, and export various solar products, including PV modules, cells, batteries, energy storage devices, and related equipment and accessories. This strategic move aims to tap into growth opportunities within the solar market, aligning with global sustainability trends. The company…
Par panel to scrutinise performance of insurance sector PSUs, solar corporations
A parliamentary committee, tasked with reviewing the performance of central public sector undertakings (PSUs), will examine the efficiency of insurance sector PSUs, solar power corporations, and other entities. The Committee on Public Undertakings (CoPU), chaired by BJP MP Baijayant Panda, will evaluate the performance of the Solar Energy Corporation of India Limited (SECI) in light of the government’s focus on renewable energy as a key growth driver. The committee will also review the performance of…
Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to Kitty Hawk South, where it plans to develop up to 2.4 GW of offshore wind capacity, supplying power to Virginia,…
NSW launches Renewable Energy Planning Framework
The New South Wales (NSW) government in Australia has introduced the Renewable Energy Planning Framework to streamline planning for renewable projects, ensuring investment stability and supporting regional economic growth. Aligned with NSW’s Electricity Infrastructure Roadmap and emissions targets, the framework promotes transparent assessments of wind, transmission, and solar projects, emphasizing benefit-sharing with local communities. Key guidelines include setbacks for visual impact mitigation, hypothetical dwelling assessments, and direct benefits for regions, estimated to bring over A$400…