Home » Daily Newsletter » India’s Solar Sector Buoyant On New Growth Trajectory
FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with...
Premier Energies International Private Ltd., a subsidiary of Premier Energies Limited, has signed a Module Supply Agreement (MSA) with BN Hybrid Power-1 Private Limited, a Special Purpose Vehicle (SPV) of BrightNight India. According to the filing at the BSE by Premier Energies, it will supply...
On a day of further revival of green energy stocks after the recent slump, Indian solar cell maker Premier Energies remained at the top of the list. it reported the highest of 6.11% growth in its stock compared to its stock yesterday. It was followed...
Indian solar module maker Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW...
Jharkhand-based state-owned company Damodar Valley Corporation (DVC) has released a tender for a 10 MW floating solar plant at Chandrapura Thermal Power Station in the state. It sets November 12th 2024 as the last date for bid submission. The state-owned corporation, Damodar Valley Corporation (DVC),...
Central Mine Planning & Design Institute (CMPDI), a unit of Coal India, has floated an e-tender for a 5 MW grid-connected floating solar power project. The project will be developed at the Quarry Sump of Dalmia Open Cast Project (OCP) in Salanpur Area of Eastern...
NHPC, a PSU Navratna hydropower company released a tender to select solar power generators (SPGs) to set up 1.2 GW ISTS-connected solar power projects, with green shoe options upto 1200 MW. The tender sets November 4th, 2024 as the last date for bid submission. The...
Unlike several state power regulators which allowed net-metering for higher capacities, the West Bengal Electricity Regulatory Commission (WBERC) has proposed allowing net-meter for rooftop solar only upto 500 MW of capacities. This is in contrast to states like Rajasthan, Gujarat and others which have allowed...
RMC Switchgears Limited has bagged an order as part of a consortium for solarization of agricultural feeders in Maharashtra. The bid was made through competitive e-reverse auction. This project is located in Ahmednagar district of Maharashtra. It will operate three separate (EPC) Engineering, Procurement and...
iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to...
Livguard, under SAR Group, launched their new line of High-Frequency Solar Inverters exclusively at the ongoing 17th Renewable Energy India Expo (REI) 2024. These new products were unveiled at the India Expo Center, Greater Noida during the ceremony led by Alankar Mittal, President Business Unit...
Torrent Power Ltd has won a letter of award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for long-term supply of 2,000 MW energy storage capacity from Torrent Power's InSTS Connected Pumped Hydro Storage Plant in Maharashtra. Of the 2,000 MW energy storage contract, 1,500...
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