Home » Daily Newsletter » Gensol Acquires Majority Stake In Solar Tracker Firm Scorpius
Gensol Engineering has now announced acquiring a majority stake in Scorpius Trackers, a single-axis solar tracker company. In its latest self-disclosure before the Bombay Stock Exchange (BSE), the company has announced the acquisition of 54.38 percent shares of Scorpius and voting rights in the company. Gensol...
REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late. REC had hosted the Green Finance Summit in July 2023 on the side...
At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities,...
The Central Electricity Authority (CEA) has now issued the monthly installed capacity report for the month of August 2023. As per the details furnished by the government entity, India added a total of 628 Megawatt (MW) of renewable capacity during the month. It was possible due to...
Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on...
The Solar Energy Corporation of India (SECI) today issued a tender seeking developers for proposed 1260 Megawatt (MW) of firm and dispatchable renewable power in India. The central authority has planned to develop this project under the Inter-State Transmission Systems (ISTS). The last day to...
The Odisha Renewable Energy Development Agency (OREDA) has now issued a tender seeking suppliers for off-grid solar pumps under the PM-KUSUM scheme. The state agency has sought vendors to install and commission off-grid solar pumps of 1 Horsepower (HP) to 7.5 HP. The agency has...
Rajasthan is spearheading the expansion of renewable energy in the country and paving the way for India's energy transition. A comparison of renewable capacity addition data of all Indian states hinted that Rajasthan added the highest renewable capacity in the country in the last year....
New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for...
Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in...
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