Sterling and Wilson Renewable Energy secures 633 MW DC solar project in Rajasthan
Sterling and Wilson Renewable Energy has won a 400 MW AC (633 MW DC) solar PV project in the Indian state of Rajasthan. The total order value is INR 550+ crore.
Amara Raja secures lithium battery, EV charger deal with Piaggio India
Amara Raja has signed the agreement to develop and supply lithium-ion cells, battery packs, and chargers for Piaggio electric vehicles in India.
Axitec opens new 300 MW solar module factory in Tamil Nadu
Axitec’s 300 MW plant in Tiruvallur, Tamil Nadu, is equipped to manufacture solar modules based on n-type TOPCon technology.
India 2024-25 budget: A strategic and holistic focus on energy sector
India’s 2024-25 budget reflects a strategic and holistic approach to the energy sector, emphasising sustainability, innovation, and energy security. By promoting pumped storage, advancing nuclear technology, transitioning to emission targets, and supporting renewable energy and energy efficiency, the budget lays a strong foundation for a sustainable and resilient energy future
Advait Energy invests in Norway’s TECO 2030
Advait Energy Holdings has invested in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules. Post this initial tranche of investment, it holds 2.63% shares of TECO 2030.
GameChange Solar to supply trackers for NLC’s 780 MWp PV project in Gujarat
GameChange Solar will supply its Genius Tracker 1P-2Row, with deliveries starting in the fourth quarter of 2024.
SJVN allocates 1.2 GW solar at average price of $0.030/kWh
Acme Solar, Essar Renewables, NTPC Renewable Energy, Onward Solar, and SAEL Industries have emerged winners in SJVN’s tender for the selection of developers for 1.2 GW of solar projects anywhere in India.
India installed 12.1 GW of solar in H1 2024
India installed about 9.6 GW of utility-scale solar, 1.8 GW rooftop, and 688 MW off-grid capacity in the Jan.-June period of 2024, says a new report by JMK Research.
KPI Green’s Q1 profit grows 99% yoy
KPI Green Energy’s revenue for the April-May-June quarter increased 83% year-on-year to INR 350 crore. Profit is 99% up to INR 66 crore.
JSW Energy secures LoA for 230 MW renewables-plus-storage project
JSW Neo Energy has received a letter of award from Solar Energy Corp. of India (SECI) to set up renewable energy projects backed with energy storage system for supply of 230 MW of firm and dispatchable renewable power in a demand-following manner.
