Solarium Green Energy, a solar EPC solutions provider, is set to open for public subscription. The proceeds from the public issue will be used to meet the company’s working capital requirements and to address general corporate purposes.
The co-lending program targets financing 3,600 kW of rooftop solar installations annually, benefiting numerous micro-, small and medium-sized enterprises (MSMEs).
Gensol Engineering Ltd has secured a 22 MW ground-mount solar PV project with an order value of INR 88 crore from a steel company in Punjab.
Indian Metals & Ferro Alloys Ltd has formed a joint venture with JSW Green Energy to set up a hybrid wind-solar power plant for self-consumption.
Grew Energy will supply PV modules for Jindal Renewable’s upcoming solar project to power steel production.
Israel’s recent strikes have reportedly destroyed or damaged 400,000 to 500,000 solar panels, costing Lebanon an estimated 150 MW to 200 MW of installed solar capacity, according to Pierre El Khoury, former director and president of the Lebanese Center for Energy Conservation (LCEC).
JSW Energy will develop a wind-solar project for 68 MW power supply to DCM Shriram. Among other projects, it has secured a 130 MW solar power purchase agreement with Indus Tower.
Sasken Technologies meets a significant 78% of energy requirements across all its India facilities through renewable sources. To bridge the remaining gap and achieve a 100% green energy footprint, it utilizes International Renewable Energy Certificates.
The 200 MW solar power project in Khavda is part of the company’s ambitious 1 GW renewable power (solar+wind) project along with 376 MW from waste heat recovery systems.
The FMCG major aims to achieve net-zero operational emissions in India (across owned manufacturing units) by 2030 and in global operations by 2040.
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