Industry tie-ups and innovative financing mechanisms will drive MSMEs’ renewable energy adoption in India
Innovative financing mechanisms, such as credit guarantees and first-loss coverage, are essential to funding MSMEs’ adoption of renewable energy.
Jakson Solar recognized as top performer in PVEL’s 2024 PV Module Reliability Scorecard
Jakson Solar’s Helia range of mono PERC PV modules, both monofacial and bifacial variants, attained Top Performer status in the 2024 PV Module Reliability Scorecard by Kiwa PVEL (PV Evolution Labs).
Gensol wins GUVNL’s 250 MW/500 MWh standalone battery storage tender
Gensol Engineering Ltd has won the 250 MW/ 500 MWh standalone battery storage tender by quoting the lowest price of INR 3.72 lacs/MW/month.
Waaree supplies 68 MW of solar modules for Gensol’s Mahagenco project
Waaree Energies Ltd has supplied 68 MW of its bifacial dual-glass solar modules to Gensol Engineering Ltd. The modules are currently being commissioned for the Mahagenco solar PV project.
SJVN allocates 1.5 GW wind-solar hybrid at $0.041/kWh
The winning developers will establish wind-solar hybrid power projects on a build-own-operate basis for power supply under a 25-year power purchase agreement with SJVN.
Avaada signs green ammonia offtake MoU with Mysore Ammonia
Avaada Group has signed a Memorandum of Understanding (MoU) for long-term supply of green ammonia to Mysore Ammonia, an ammonia distributor and trader in India.
Radiance, PIDG form JV for C&I solar, hybrid projects in India
Radiance Renewables and UK-based investor Private Infrastructure Development Group (PIDG) have announced a joint venture to develop greenfield solar and hybrid wind-solar energy projects for commercial and industrial (C&I) clients in India.
Gujarat allocates 500 MW solar at $0.032/kWh
Avaada, BluPine Energy, Hinduja Renewable Energy, KPI Green and NRC Industries have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 500 MW of grid-connected solar with greenshoe option of additional 500 MW.
GP Eco Solutions IPO to open for subscription on Friday
The initial public offering (IPO) comprises a fresh issue of 3,276,000 equity shares with a face value of INR 10 each through the book-building route. Price band is fixed at INR 90-94 per share.
NTPC seeks channel partners for residential rooftop solar installations under rebate scheme
NTPC Vidyut Vyapar Nigam Ltd has launched the tender to select channel partners for installation of grid-connected solar PV projects under PM Surya Ghar: Muft Bijli Yojna in Maharashtra.
