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Home2024July

Month: July 2024

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International News

Leader Energy secures loan from HSBC to support its solar projects in Vietnam

July 17, 2024

Malaysia-based Leader Energy Holding Bhd, a subsidiary of HNG Capital, has secured a USD23.32 million loan from HSBC Bank (Vietnam) Limited (HSBC Vietnam) to support its solar projects in Vietnam. The loan, a seven-year-long committed […]

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Private Sector

Oriana Power bags contract for 40 MW solar project

July 17, 2024

Oriana Power has secured a new contract from a cement manufacturing company for a 40 MWp solar power plant under the captive segment. To be located in Rajasthan, the company will supply power to the cement […]

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Private Sector

Waaree Renewable Technology receives LoA for 30 MW solar project

July 17, 2024

Waaree Renewable Technologies Limited has received a letter of award (LoA) for the execution of engineering, procurement and construction works for solar power project of 30 MW DC capacity on turnkey basis. The order value […]

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Private Sector

Hartek Group secures multiple 765 kV projects from Powergrid

July 17, 2024

Hartek Group has secured multiple 765 kV projects from the Power Grid Corporation of India Limited (Powergrid). The key orders include the supply and commissioning of high-voltage transmission projects at Indore and Kurnool. The projects […]

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Central Sector

NLC India emerges as successful bidder for Machhakata coal mine in Odisha

July 17, 2024

NLC India Limited has emerged as the successful bidder for the Machhakata coal mine in Odisha’s Angul district during the eighth round of commercial coal block e-auction held recently by the Ministry of Coal. The […]

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International News

SEACEF II invests in Nami Distributed Energy to advance its energy solutions in Vietnam

July 16, 2024

The Southeast Asia Clean Energy Facility II (SEACEF II) has invested USD10 million in Nami Distributed Energy to advance its distributed energy solutions, which include larger-scale rooftop solar installations and on-site energy solutions like battery […]

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Central Sector

IREDA reports profit after tax of Rs 3.84 billion in the first quarter of 2024-25

July 16, 2024

  Indian Renewable Energy Department Agency Limited (IREDA) has recorded a net profit of Rs 3.84 billion during quarter ended June 2024, recording an increase of 30.17 per cent as compared to the net profit […]

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Central Sector

MNRE expands ALMM with 2.67 GW addition of solar module capacity

July 16, 2024

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by including an additional 2,674 MW of solar module capacity. This brings the total cumulative manufacturing capacity […]

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State Sector

Odisha government sanctions Rs 4.11 billion renewable energy projects

July 16, 2024

The Odisha government has sanctioned a total of Rs 4.11 billion for two major projects in the clean energy sector. The two projects include a 100 MW ground-mounted solar photovoltaic captive power project of Envirocare […]

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Central Sector

Ministry of Coal signs agreements for three coal mines

July 16, 2024

The Ministry of Coal has executed coal mining development and production agreements for three coal mines auctioned under the second attempt of the seventh round. Among the three mines, two are partially explored, while one […]

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International News

China’s Three Gorges Renewables Group to invest in 16 GW Kubuqi Base Project

July 15, 2024

China’s Three Gorges Renewables Group has announced that its onshore subsidiary, Inner Mongolia Three Gorges Mengneng Energy Company Limited (Energy Co), will invest CNY79.8 billion in a 16.2 GW integrated energy project located in Ordos […]

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Private Sector

Hindustan Zinc secures clean energy from Serentica’s 180 MW solar project

July 15, 2024

Hindustan Zinc has initiated the first phase of integrating clean energy from Serentica Renewables’ Bikaner project in Rajasthan. Serentica is providing power to Hindustan Zinc’s operational units in the state. Hindustan Zinc signed power delivery […]

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Private Sector

Brookfield unveils investment in Leap Green Energy

July 15, 2024

Brookfield has finalised agreements to acquire a majority controlling stake in Leap Green Energy, a renewable energy solutions provider based in Tamil Nadu, serving commercial and industrial clients. Brookfield plans to invest more than $200 […]

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State Sector

MSEDCL declares winners of its 500 MW wind-solar hybrid auction

July 15, 2024

Results for Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction to develop 500 MW of grid-connected intra-state wind-solar hybrid power projects on a long-term basis have been announced. The tender also includes additional greenshoe option […]

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Projects & Ventures

Kalpataru Projects secures new orders worth Rs  29.95 billion

July 15, 2024

Kalpataru Projects International Limited has secured new orders/notification of awards of Rs 29.95 billion. The orders entails for the transmission and distribution business in overseas markets. It has also secured engineering, procurement and construction order […]

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International News

Solarcity commissions 2,000 kW solar PV system in Malaysia

July 12, 2024

Solarcity Malaysia Sdn Bhd, a subsidiary of G Capital Bhd (GCAP), has commissioned a 2,000 kW solar photovoltaic (PV) system in Malaysia. The system was installed under a supplemental power purchase agreement with Chin Herr […]

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Private Sector

Juniper secures 480 MW hybrid PPAs from GUVNL and NTPC

July 12, 2024

Juniper Green Energy has signed two power purchase agreements (PPAs) for hybrid renewable energy projects totaling 480 MW with Gujarat Urja Vikas Nigam Limited (GUVNL) and NTPC Limited. The GUVNL project, Juniper’s first hybrid initiative […]

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Private Sector

Adani Green Energy raises $400 million for its solar power projects in Gujarat and Rajasthan

July 12, 2024

Adani Green Energy Limited (AGEL) has secured $400 million in financing from a consortium of international lenders for its 750 MW solar power projects under construction in Rajasthan and Gujarat. The 500 MW Rajasthan project […]

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State Sector

UPNEDA declares winners of its 500 MW rooftop solar auction

July 12, 2024

Results for Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) auction to develop 500 MW of grid connected rooftop solar projects on government/ semi-government buildings and other institutions have been announced. The winners and […]

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Projects & Ventures

Torrent Power to set up 50 MW solar project for ARS Steels

July 12, 2024

Torrent Urja 14 (TU14), a subsidiary of Torrent Power, will establish solar projects up to 50 MW to deliver clean energy to ARS Steels & Alloy International (ARS). Torrent Power, ARS, and TU14 have signed […]

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