Solar News

Ferrari Commissions New Plant To Manufacture EVs, Hybrid Cars

Ferrari has launched its first EV next year with the opening of the new E-building production facility at its factory in Maranello. The goal of the brand-new 42,500 square meter building, which was inaugurated in front of Italian President Sergio Mattarella, is to maximize “production flexibility” for the country’s premium automobile manufacturer. “E” stands for […]

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EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report

CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […]

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Juniper, SECI Sign PPA For 150 MW Hybrid Project In Two States

Delhi-based Juniper Green Energy, a renewable energy power producer signed two Power Purchase Agreements (PPAs) with SECI for a 150 MW hybrid project in Gujarat and Rajasthan.     This wind-solar hybrid power project is to be developed under Hybrid Tranche VII in Gujarat and Rajasthan. This collaboration aims to generate approximately 477 million units (MUs) […]

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magniX Launches ‘Samson’ Electric Aviation Battery

magniX, the company powering the electric aviation revolution, has announced the launch of Samson in its battery line. magniX Samson batteries have been designed for aviation and industries or applications that require high levels of performance, safety, and reliability. Samson batteries will be certifiable under aviation regulations, while delivering industry-leading energy density, unmatched cycle life, […]

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Vestas Secures 155 MW Wind Turbine Order in New Zealand

Vestas has received a 155 MW order for the second stage of the Mercury Energy’s Kaiwera Downs wind farm in New Zealand. The order includes the supply and installation of 36 of Vestas’ V136-4.2 MW turbines in 4.3 MW operating mode as well as a 30-year Active Output Management 5000 (AOM 5000) service and maintenance […]

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BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa

British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […]

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GMDC, GUVNL Sign Energy Security Pact In Gujarat

GUVNL and GMDC have collaborated for Development of the coal-based & Lignite power stations for Energy Security for  Gujarat. This partnership underscores a collective dedication to bolster energy security through sustainable coal & lignite utilisation. Kanubhai Desai, Gujarat Minister of Finance, Energy & Petrochemical, said, “The signing of this MOU marks a historic milestone as […]

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HPPCL Issues Tender For 12MW Solar Power Project In Una

Himachal Pradesh Power Corporation Limited (HPPCL) a state government public sector undertaking (PSU) released a tender to design, supply, construction, erection, testing, commissioning, operation, and maintenance of 12 MW solar power project. HPPCL tender invited online bids to set up the project at Gondpur Bulla, Una in Himachal Pradesh. HPPCL tender includes a bid security […]

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Data Centers, EV To Raise US Power Demand To 300 TWh: Report

Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […]

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