Solar Project

Avaada Group Commissions 50 MW Solar Plant In Bihar

Avaada Energy , the renewable energy arm of Avaada Group, commenced a new 50 MW solar power plant in the Banka district on Tuesday. With this Bihar has now increased its total solar capacity to 181.1 MW. Last year approval was given for a 75 MW solar plant in Banka and a 125 MW solar […]

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Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi

Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […]

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Travancore Cochin Chemicals Issues 22 MW RE Plant Tender

Travancore Cochin Chemicals Ltd has issued a tender inviting online bids from competent Power Plant developers for the setting up upto 22 MW of renewable Energy Power Plant to be implemented in a group captive SPV Model through the Kerala Govt. The bids must be submitted by June 19, 2024, at the latest. The day […]

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Sunkind Energy Secures 10 MW Solar Projects In Northern India

Solar EPC company Sunkind Energy has secured five solar rooftop projects. According to a statement by the company, Sunkind Energy has received orders for the projects in North India. The total capacity of projects that the company has received is 10 MW in states like Punjab, Haryana, Rajasthan, and Chhattisgarh. Hanish Gupta, Founder and CEO […]

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Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project

Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […]

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IOCL To Form New Subsidiary To Implement 1GW Wind, Solar Project

Indian Oil Corporation Limited (IOCL) has announced its plans to implement 1 GW of renewable energy projects across the country. In its latest board meeting, the oil corporation laid out a map to initiate projects involving standalone ground mounted Solar or standalone onshore Wind or Wind-Solar Hybrid projects. IOCL has plans to establish a Wholly […]

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BREDA Invites Bids For 200 MW Rooftop Solar Project Across Govt. Buildings In Bihar

Bihar Renewable Energy Development Agency, (BREDA) has released a tender for grid – connected rooftop solar power plants of various capacity. This project was released under CAPEX model for an estimated capacity of 200 MW at various government buildings in the state of Bihar. BREDA’s  tender invited bids through national competitive bidding process (NCB). It […]

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Grew Energy’s 200 MW Module Contract From SECI To Support Market Building

Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules. Grew Energy has been domestically manufacturing solar cells […]

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Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects

Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […]

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