India

SECI Invites RFS for 1200 MW ISTS-Connected Hybrid Power Projects

Solar Energy Corporation of India Limited (SECI) has invited a request for selection (RfS for 1200 MW) for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an energy storage system (ESS), with the primary objective of supplying wind-solar hybrid Power to SECI. The last date for submitting the online bid is December […]

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SolarSquare Secures 100 Cr Series A Funding by Elevation Capital and Lowercarbon

Mumbai-based solar installation and financing start-up, SolarSquare has announced recently that it has raised Rs 100 crore in a Series A round majorly sponsored by Elevation Capital and Lowercarbon, Chris Sacca’s multibillion-dollar fund for climate-tech companies. Existing investors Good Capital, Rainmatter, and Better Capital, as well as angel investors like Vidit Atrey and Sanjeev Barnwal […]

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Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness

India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […]

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After Promising Start, Karnataka Increases GIM Investment Plans

After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […]

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ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka

ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […]

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Delhi’s Boundless Environment Adopts Sustainable Energy Solutions

Delhi-based firm, Boundless Environment Resource Solutions has begun a 2 MW project in New Delhi. The Mono PERC solar panels with 445Wp capacity were supplied by leading solar panel manufacturer Waaree Energies while HDFC Bank provided non-recourse financing for the project. company is a leader in unique approaches to wastewater management and renewable energy. Boundless […]

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Waaree Energies Supplies Solar Panels for Terapanth Foods’ Solar Project at Bhavnagar, Gujarat

One of India’s top firms for supplying iodized salt to major FMCG brands, Terapanth Foods Limited- a Friends Group Company, has commissioned a 4 MW solar power project at Bhavnagar, Gujarat. Leading solar manufacturer Waaree Energies provided the firm with 335Wp polycrystalline solar panels for the said project. Pankaj Babulal Singhvi from Terapanth Foods, stated, […]

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