Author: Chitrika Grover

News In Brief June 25: Hitachi Energy, Panasonic

Hitachi Energy India Set To Build Rs. 790 Crores Project In Australia Hitachi Energy India a digital systems, power, and renewable energy solutions provider recently received an order of Rs. 790 Crores from a fellow subsidiary. Hitachi Energy Australia Pty Ltd is set to execute the project – Marinus Link – Voltage Source Converter (VSC), […]

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THDC Issues Tender for Land Acquisition to Develop 2 GW Solar Park

THDC India Limited, a power sector public sector enterprise under the ownership of National Thermal Power Corporation (NTPC), Ministry of Power, has issued a tender inviting bids for the appointment of a consultant. The tender seeks bids for consultation on the acquisition of land for the development of 2 GW Ultra Mega Renewable Energy Power […]

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JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects

JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […]

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Blockbuster Listing For GP Eco Solutions, EPCs Dragged Down By High Valuations

On a day when a new green energy listing, GP Eco Solutions listed at a 318% to its issue price, the broader basket of green energy stocks could not quite replicate the same performance. While Shakti Pump continued its incredible run with another lock at the upper circuit (5%), Borosil Renewables rose 3.83% and Suzlon […]

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90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report

A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […]

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L&T Wins 185MW Solar Plus 254 MWh Storage Project In Bihar

The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro’s (L&T) recently won an order to build a grid-connected 185MW Solar PV plant. The order entails solar power plants with a 254 MWh Battery Energy Storage System (BESS) having multitudes of MWh capacity in Kajra in Lakshisarai district in Bihar. This is expected to […]

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Govt’s New Scheme To Aid In Evacuating RE From Rajasthan, Karnataka

The Union government has now approved new Inter-State Transmission System (ISTS) schemes to evacuate 9 Gigawatt (GW) of renewable energy (RE) from the renewable rich states of Rajasthan and Karnataka. These schemes will be implemented through Tariff-Based Competitive Bidding (TBCB) mode. These schemes are part of the government’s 500 GW renewable energy capacity by 2030 […]

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MNRE Releases Rules For Solar Module, Inverter Enlistment Under PM Surya Ghar

The government introduced the PM-Surya Ghar Yojna this year to boost rooftop solar adoption. In tandem, it established eligibility criteria for solar module enlistment under the same initiative. The key criteria included, The policy set laid down that the module must be enlisted as a star rating of a minimum of three stars under star […]

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Green Stock June 21: Shakti Pumps’ Stock Price Continues To Surge

Stock prices of Shakti Pumps continued to grow for the third consecutive day. Today the Indore-based solar pump company witnessed a rise of 5 percent in its stock prices. Following the suit, Pune-based wind energy company Suzlon reported a surge of 4.99% in its stock price, data from the Bombay Stock Exchange (BSE) revealed.  Company […]

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