Premier Energies files for IPO to raise more than INR 1,500 crore
Premier Energies has filed draft papers with SEBI for its initial public offering (IPO). The company intends to utilize INR 1,168 crore of the IPO proceeds to fund the setting up of its 4 GW TOPCon solar cell-and-module manufacturing facility and the balance towards general corporate purposes.
Sterling and Wilson Renewable Energy revenue up 51% YoY
Sterling and Wilson Renewable Energy has reported consolidated revenue of INR 3,035 crore in FY 2024, 51% up year-on-year. The company’s unexecuted order book surpassed INR 8,000 crore.
Amara Raja Infra secures 700 MWp solar project from Greenko
The 700 MWp solar project, spanning across a 2,200-acre site in the Kurnool District of Andhra Pradesh, marks Amara Raja Infra’s largest-capacity solar project to date.
Greenzo to build green hydrogen plant for offtake by steel producer
Greenzo Energy has secured a $6 million order to set up a 2.5 MW green hydrogen project integrated with a solar and water treatment plant in Karnataka. The offtaker is a steel producer.
A look into the green credit system for renewable energy
Green credits offer a vital mechanism for incentivizing environmentally positive actions beyond just corporations, involving individuals and communities. By providing tangible benefits for sustainable practices, such as renewable energy adoption and conservation efforts, green credits engage the public at large, fostering widespread participation in combating climate change.
Indus Towers partners NTPC to develop renewable energy projects for business operations
Indus Towers has signed a memorandum of understanding with NTPC Green Energy Ltd (NGEL) to explore joint development of grid-connected renewable energy based power projects including solar, wind, energy storage, etc.
ReNew, Japan’s JERA partner for green ammonia project in India
The green ammonia project to be developed in Paradip, Odisha, will have a green ammonia production capacity of around 100,000 tons per year by 2030. JERA will be the offtaker for the project.
MG Motor India partners with Epsilon Group for EV charging, battery recycling
MG Motor India has signed an agreement with Epsilon Group for electric vehicle (EV) charging solutions and battery recycling and second-life expertise.
AMPIN Energy switches on 135 MWp solar project in Rajasthan
AMPIN Energy Transition completed construction of the 135 MWp solar project in a record time of just four months.
Juniper Green Energy wins 150 MW in NTPC’s 1 GW wind-solar hybrid tender
Juniper Green Energy secured the 150 MW wind-solar hybrid capacity at a tariff of INR 3.43 per kWh. It will develop the project on a build-own-operate basis.
