Godrej Enterprises targets over 20% growth for its power infra business
Godrej Enterprises’ Energy Solutions business aims to grow annually at over 20% in the next 3-5 years, driven by its growing portfolio of extra high voltage power transmission projects up to 765kV and strategic investments in solar power and green energy infrastructure.
AI and Data Analytics in energy operations
Artificial intelligence (AI) and Data Analytics are transforming energy operations by introducing capabilities that were once unimaginable. These technologies provide actionable insights, automate processes, and enable real-time decision-making, making energy systems smarter and more resilient.
Larsen & Toubro wins new substation orders in Middle East
Larsen & Toubro has secured orders to implement advanced distribution management system in West Bengal and substations in Kuwait, Saudi Arabia, and United Arab Emirates.
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).
ISA, USAID sign MoU to advance grid interconnections
The International Solar Alliance (ISA) and the United States Agency for International Development (USAID) will work together to establish and expand clean energy transmission networks across regions such as South Asia, the Persian Gulf, Southeast Asia, and Africa, supporting the development of a unified grid to facilitate the large-scale transfer of clean power.
Torrent Power raises INR 3,500 crore through QIP
Top investors include SBI Mutual Fund, Kotak MF, NPS Trust, New World Fund, American Funds Insurance Series Global Growthfund, and Nippon Life.
How developing economies are leading the surge in solar power
Favorable government policies have played a crucial role in driving the adoption of solar energy in emerging economies. However, investment in grid modernisation and energy storage solutions is crucial to unlock the next level of sustainable solar integration in these economies.
India added 20 GW solar in twelve months ending October
A strong pipeline exists, and SBICAPS expects cumulative 50 GW of solar and wind additions in FY 2025 and FY 2026.
Hitachi Energy HVDC technology selected by PowerGrid to transmit renewable energy from Khavda to Nagpur
The consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) will design and execute the high-voltage direct current (HVDC) link to transmit renewable energy from Khavda in Gujarat to the industrial center of Nagpur in Maharashtra.
IndiGrid, BII, and Norfund form $300 million platform to develop greenfield transmission and BESS projects in India
IndiGrid has partnered with British International Investment (BII) and Norfund to form a $300 million platform, EnerGrid, to develop greenfield transmission and standalone battery energy storage system (BESS) projects in India.
