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US faces 100-fold rise in blackout risk by 2030: DOE report
A new report from the US Department of Energy (DOE) warns that blackouts could rise 100 times by 2030 if the country continues to retire firm power capacity without timely replacement. The report highlights the urgent need to add dependable generation as the US grid faces surging electricity demand. The Report on Evaluating US Grid…
Seven firms win bids for 500 MW solar projects under GUVNL Phase XXV
On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per…
KEI Industries approves Rs 20 billion QIP proposal
KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and…
Premier Energies unveils India’s first all-black rooftop module
Premier Energies Limited has introduced India’s first all-black G12R DCR (Domestic Content Requirement) solar module, the NeoBlack Series, at the RenewX expo in Chennai on April 27, 2026. The launch targets the residential and commercial rooftop segments, where visual integration with building design has affected adoption. The NeoBlack Series modules are rated between 600 Wp…
Teerth Gopicon and Reliance Industries awarded SJVN’s tender
Teerth Gopicon and Reliance Industries have secured SJVN’s tender to develop 5,830 kW of grid-connected solar projects under the PM Surya Ghar: Muft Bijli Yojana. Teerth Gopicon was awarded 5,705 kW, and Reliance Industries 125 kW. The projects, aimed at installing solar systems on union government buildings across Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat,…
UK unveils Clean Industry Bonus to support offshore wind projects
The UK has launched the Clean Industry Bonus (CIB), a new incentive scheme aimed at supporting offshore wind projects and advancing the country’s goal of decarbonising its energy system by 2030. Set out in the Contracts for Difference (Allocation) Regulations 2014 and the Electricity Market Reform (General) Regulations 2014, the scheme will provide an initial…
