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Oriana Power made a firm debut on NSE’s Emerge , stock jumps 169% on day 1 to close at Rs. 317.10/- a share
Oriana Power’s public issue had witnessed an overwhelming response from across the investor categories and was oversubscribed 176.58 times collecting Rs 7,000.90 crore.
REC doubles its market cap in one year; figures in MSCI Global Standard Index
The value of REC stock has more than doubled in last one year from Rs. 100.20 on 10th August 2022 to Rs. 216.65 on 10th August 2023.
Amara Raja lays foundation stone for E Positive Energy Labs, organizes conclave on Advanced Battery Technologies
The ‘E Positive Energy Labs’ aims to drive breakthroughs in energy storage, electric mobility, renewable energy integration, and more.
Renewable energy R&D programme being implemented till 2025-26: Power minister
The Ministry of New & Renewable Energy is implementing Renewable Energy Research and Technology Development Programme through various research institutions and industry to develop indigenous technologies and manufacturing for widespread applications of new and renewable energy in efficient and cost-effective manner.
India’s ‘TruBoard Partners’ Enters Strategic Partnership with Norway’s Bazefield
Bazefield’s Monitoring and Analytics platform to be integrated with TruBoard Partners’ Asset Management solution suite, enabling the latter’s energy clients to gain unprecedented insights into their operations.
Solar Projects of 10.2 GW developed in solar parks
The Minister informed that the Government has sanctioned 50 Solar Parks with aggregate capacity of 37,990 MW in 12 States across the country, so far. Against this sanction, 11 Solar Parks with aggregate capacity of 8,521 MW have been completed and 7 Solar Parks with aggregate capacity of 3,985 MW have been partially completed. In these parks, solar projects of aggregate capacity of 10,237 MW have been developed.
National Green Hydrogen Mission seeks to reduce cost of green hydrogen
Costs of the electrolysers and input renewable energy are the two major components of Green Hydrogen production cost. The costs of capital, supply and treatment of water, storage and distribution, conversion of hydrogen to suitable derivatives, and enabling infrastructure would also contribute to the final delivered cost of Green Hydrogen for any particular application. The Minister explained how the National Green Hydrogen Mission seeks to undertake the necessary steps to enable cost reduction in these aspects.
PIXON and Munich RE: A Powerful Partnership
PIXON, a solar module manufacturer in India, has announced Munich RE, one of the world’s leading reinsurers, as their official warranty partner for solar modules.
CCI approves merger of Tata Cleantech Capital and Tata Capital Financial Services into Tata Capital Limited
Tata Cleantech Capital Limited engages in the business of providing cash flow-based finance and advisory services for projects in renewable energy, energy efficiency, waste management, water management and other infrastructure projects.
Siemens announces Q3 FY 2023 results; 14.0% increase in revenue, 43.4% increase in PAT
For the third quarter of Financial Year 2023 ended June 30, 2023, Siemens Limited registered Profit after Tax at Rs. 424 crore, an increase of 43.4% over the same period last year.
