AXITEC has inaugurated a new manufacturing plant in Tiruvallur, Tamil Nadu, with a production capacity of 300 MW. It will manufacture the latest NType TOPCon technology solar modules. The plant has begun operations and is […]
Grasim Industries Limited has acquired equity stakes in two special purpose vehicles (SPVs), AMPIN Energy C&I Three Private Limited and AMPIN Energy C&I One Private Limited to develop solar power facilities at its plants in […]
Solarvest Holdings Bhd has signed five corporate green power agreements (CGPAs) in Malaysia through two joint ventures to supply solar energy. These agreements involve a multi-asset exchange, two global semiconductor manufacturers, and a data-center service […]
Trinasolar has announced plans to expand its hybrid solar initiatives across Southeast Asia (SEA) after successfully launching Malaysia’s largest hybrid solar project. The hybrid project is located in Merchang, Terengganu, the 100 MWac project combines […]
China’s central planning agencies have released the “Action Plan for Accelerating the Construction of a New Power System (2024-27)” to achieve the country’s dual carbon goals of peaking carbon emissions by 2030 and reaching carbon […]
Inox Wind Limited has reported a net profit of Rs 503.8 million for the quarter ending June 2024, as compared to the loss of Rs 648.8 million recorded in the same quarter last year. The […]
Reportedly, the Punjab government is planning to install 66 solar power plants, each with a 4 MW capacity, with a total capacity of 264 MW in Punjab. The project will produce about 390 million units […]
Inox Wind Limited (IWL) has secured a 51 MW order from Everrenew Energy Private Limited for the supply of IWL’s latest 3 MW wind turbine generators (WTGs). Additionally, Inox Wind will provide post commissioning multi-year […]
GE Power India Limited has secured a contract from Steag Energy Services (India) Private Limited for the renovation and modernisation (R&M) of  600 MW boiler at Jharsuguda, Odisha. The cost of the project is estimated […]
Avaada Group has signed a non-binding memorandum of understanding (MoU) with the Maharashtra government to develop two pumped storage projects (PSPs) with a combined capacity of 2,750 MW. The MoU was signed between the Water […]
The Ministry of Power (MoP) has issued amendments in the guidelines governing the export of electricity. According to the amendment, Indian gencos/discoms  companies can export electricity generated from coal, renewable, or hydropower sources to neighboring […]
Bharat Heavy Electricals Limited (BHEL) has received an order from Damodar Valley Corporation (DVC) to set up a 2×800 MW supercritical thermal power project (STPP) in Koderma, Jharkhand. The scope of the project includes constructing […]
Sterling and Wilson Renewable Energy Limited (SWREL) has secured a new contract for a 400 MW alternate current / 633 MW direct currentphotovoltaic (PV) plant. The scope of order includes engineering, design, testing, commissioning, and […]
The Ministry of New and Renewable Energy (MNRE) has released new guidelines for the model solar village component under the PM Surya Ghar: Muft Bijli Yojana. While the scheme is aimed at installation of solar […]
Blueleaf Energy has achieved financial close of its 200 MW wind-solar hybrid power plant under development in Madhya Pradesh. Blueleaf has secured project financing of approximately USD170 million from Axis Bank for the project, which […]
Siemens Limited has reported a net profit of Rs 7.58 billion for the quarter ending June 2024, registering a 24.88 per cent increase from Rs 6.07 billion recorded in the same quarter last year. The […]
KPI Green Energy Limited has reported a net profit of Rs 661.11 million for the quarter ending June 2024, marking a 98.77 per cent increase from Rs 332.6 million recorded in the same quarter last […]
LS-VINA, a subsidiary of South Korea-based LS Eco Energy Limited has supplied around 2,000 km of overhead power lines to Vietnam Electricity (EVN). These power lines will strengthen the transmission networks connecting the northern and […]
By Deepesh Nanda, Chief Executive Officer and Managing Director, Tata Power Renewable Energy Limited India’s recent record peak power demand of 250 GW calls for urgent attention. As global temperatures soar, the role of renewable […]
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement of up to JPY25.5 billion with Power Finance Corporation Limited (PFC). JBIC will contribute JPY13.5 billion, with the rest co-funded by Sumitomo Mitsui […]
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