Solar Energy National News

Gensol Engineering Announces Plan To Raise Rs 600cr

Gensol Engineering Limited, which has seen over half its market cap degrade over the past month today announced that its Board of Directors has approved fund-raising initiatives amounting to Rs 600 crore aimed at significantly enhancing its financial standing. The solar player has defaulted on debt payments, and faces a liquidity squeeze primarily due to […]

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OREDA Issues Tender, Seeking EPC Contractors For PM-KUSUM

Odisha Renewable Energy Development Agency (OREDA) has issued a tender seeking EPC contractors to take up solarisation works under PM-KUSUM scheme. As per the mandate, the state nodal agency is seeking companies who can take up the works under the Component-A of the central government scheme. The OREDA tender said that the contractors need to […]

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Jubilant Ingrevia, O2 Power Partner To Source RE For Manufacturing Facility

Jubilant Ingrevia, a globally integrated Life Sciences & Speciality Chemicals company, signed a power purchase agreement with O2 Power through its wholly owned subsidiary Jubilant Infrastructure Limited for its SEZ Bharuch Manufacturing Facility. The contract comes one year after carrying out the same exercise at its manufacturing facilities in Savli, Gujarat and Gajraula, Uttar Pradesh, […]

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Green Stocks Mar 12: Less Red, More Green By Holi perhaps?

Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. […]

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India Must Aim For 600 GW Of Clean Energy By 2030: CEEW

India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […]

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SolaX Power to Launch Micro-Inverters for Indian Market Soon

Global solar inverter brand SolaX Power is set to introduce its latest innovation—solar micro-inverters—tailored for the Indian market. The company is in the final stages of launching these inverters, specifically designed for smaller residential rooftop solar installations. The move gains significance with the introduction of the PM Surya Ghar scheme, which supports compact solar setups […]

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SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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NGEL Invites EoI For 4 MW/12 MWh Solar Plus BESS Project In Great Nicobar

NTPC Green Energy Limited (NGEL), an NTPC subsidiary, has issued a tender to build a solar plant with a Battery Energy Storage System (BESS) at Great Nicobar Island (GNI), India. NGEL through this EoI targets building a tentative planned capacity of up to 5 MW for the solar plant with a BESS capacity of up […]

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KPI Green Energy Appoints Surinder Kumar Negi As New COO

Gujarat-based KPI Green Energy has appointed Surinder Kumar Negi as its new Chief Operating Officer (COO). Negi brings over four decades of experience in the power transmission, renewable energy, and infrastructure development sectors. He has previously held leadership roles at NTPC, POWERGRID, ALSTOM, Reliance Energy, Gujarat Energy Transmission Corporation (GETCO), and Skipperseil Ltd.  As Managing Director of […]

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