Home » Daily Newsletter » Solar Yaan Eyes Utility Solar Market With New Launches
Madhya Pradesh-based solar pump and motor manufacturer Shakti Pumps (India) Limited recently received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The company secured the award under Component B of the PM-KUSUM scheme to set up 877 Solar Photovoltaic Water Pumping...
Hariom Pipe Industries Limited (HPIL) has entered the renewable energy sector, securing a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW (AC) Solar Photovoltaic Power Generating Stations. This project falls under the Mukhyamantri Saur Krushi Vahini Yojana...
Brookfield Asset Management, an alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”). These will be structured in two phases. The first phase,...
Gujarat-based solar energy solutions provider, Solarium specializing in residential and industrial solar system installations has appointed CA Himanshu Garg as its new Chief Financial Officer (CFO). In his previous role as Vice President at DeHaat, a leading Agritech platform, Himanshu successfully led Corporate Development, overseeing...
NLC India Limited (NLCIL), a Navratna company under the Ministry of Coal, Government of India, received a Letter of Award (LoA) for a 200 MW Wind Power Project from SJVN Limited at a tariff of Rs. 3.74/kWh. Meanwhile, Adyant Enersol secured a 112 MW wind...
The Lakshadweep Administration, Union Territory (UT) Kavaratti Electricity Department has invited online bids to develop hybrid rooftop solar power plants with Battery Energy Storage System (BESS). The last date for bids submission is March 21st, 2025. The selected bidder will be responsible for, "Supply, Installation,...
ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, "PTC Energy Limited (PEL) was established in August 2008 as a wholly...
Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government...
A latest report from SBI CAPS claimed that the annual module demand is likely to touch 100 GW soon. The report said the higher demand is likely to be triggered with the faster pace of adoption of solar power. The report also said that the...
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