Federal Bank, Ecofy partner on financing for MSME rooftop solar
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 secures 22 MW C&I solar PV project in Punjab
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.
Shift to 2 kV voltage in solar projects tipped to gain traction
Amid record-low prices for solar modules, the focus of cost reduction for utility-scale solar projects is shifting to non-module balance-of-system (BoS) expenses. A transition from 1.5 kV voltage to 2 kV in solar projects is expected to gain traction through 2030.
IMFA forms joint venture with JSW Green Energy
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 to supply 500 MW of PV modules for Jindal Renewable’s solar project
Grew Energy will supply PV modules for Jindal Renewable’s upcoming solar project to power steel production.
Reliance Power arm secures LoA for 930 MW solar with 465 MW/1,860 MWh battery storage
This is India’s single largest project of solar and battery storage system.
India’s green hydrogen leap presents INR 8-10 trillion opportunity
India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.
RMC Switchgears secures 5,000 solar pump order in Maharashtra
RMC Switchgears has secured the order to supply, install and commission 5,000 solar pumps in Maharashtra.
Israeli strikes destroy 150-200 MW of solar in Lebanon
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).
NTPC tenders BoS package for 1.5 GW solar in Rajasthan
NTPC Green Energy Ltd (NGEL) has tendered the balance-of-system package for 1.5 GW of grid-connected solar PV projects in Bikaner, Rajasthan.
