Solar News

Hero Motocorp Plans To Diversify Electric Scooters In FY25

Hero Motocorp has now planned to expand its electric scooter presence in the country. It has also planned to strengthen its electric mobility segment with more launches and services, the top management of the firm told its investors, in a recent investors call. The company is now selling two electric scooter models. “ On the […]

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NTPC Green IPO Subscribed 2.4 Times In Three Days

NTPC Green, the renewable energy arm of NTPC witnessed a moderate response over its Initial Public Offering (IPO), compared to the highly subscribed IPOs of recently-listed solar energy companies. As per the data available, NTPC Green IPO was subscribed 2.4 times on the final day of bidding. The issue received bids of 1,42,55,97,546 shares against […]

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NTPC Green Floats JV To Set Up RE Projects In Andhra Pradesh

NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, has entered into a joint venture (JV) with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects in Andhra Pradesh. This collaboration is poised to attract an investment of ₹2,00,000 crore to the state. The JV will spearhead the […]

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Avaada Signs MoU To Develop 1200 MW of PSP In Rajasthan

Indian renewable energy conglomerate Avaada Group has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to develop a 1200 MW Pumped Storage Project. The MoU, formalized between the Energy Department of the Rajasthan government and Avaada Aqua Batteries Pvt. Ltd., a subsidiary of Avaada Group marks the next chapter in Avaada’s investment […]

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Green Stocks Nov 22: Market Rebounds, Green Stocks Trail

For once, a strong day at the markets left Green Stocks behind. Of course, not all stocks were left behind, as Waaree Renewable Technologies, after a couple of weeks in relative obscurity, shone with a 5% jump. A surprising performance came from Shakti Pumps, which gave up most gains of the week to end over […]

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Ladakh’s 13 GW Solar Dream Alive, Rs. 1,080 Cr Awarded For RDSS: Power Minister

Union Minister of Power and Housing and Urban Affairs, Manohar Lal, reviewed the functioning of the power and housing departments during a three-day visit to Ladakh at Leh, Union Territory (UT). The minister was also briefed on the much delayed 13 GW solar plans for Ladakh, something he duly shared with the media as well. […]

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China Seeks a fix For PV Overcapacity With New Norms

With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […]

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Sungrow Ink Supply Deal For 1.7 GWh ESS To Raystech, Solar Juice In Australia

Sungrow, the leading global PV inverter and energy storage system provider, signed a distribution agreements with Raystech Group and Solar Juice Group. Under these agreements, Raystech Group (1GWh) and Solar Juice Group (700MWh) collaborate to distribute 1.7 GWh of Sungrow’s C&I energy storage systems over the next three years.  Raystech Group can leverage its technical […]

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CIL Invites Bids For 40 MW Solar Project To Power MP Coal Plant

To bring renewable energy to coal power stations in Madhya Pradesh, Coal India Limited (CIL) has invited bids to develop a 40 MW solar power project at Johilla Area, Umaria in Madhya Pradesh. The last date for bid submission is December 27, 2024. The bidder for this project is expected to develop. The tender also […]

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