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Indias RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years

The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into Indias renewable energy sector. Currently, Indias FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), []

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Honeywell to Supply BESS of 124 MWh to US Virgin Islands

Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% []

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Nextracker Installed 10 GW Of Solar Trackers In Middle East, Africa, India

Nextracker, a global provider of intelligent solar tracker and software solutions, has announced surpassing a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for projects located in the Middle East, Africa, and India. In parallel timing with the United Nations COP28 Climate Change conference held in Dubai over the []

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NTPC REL Sets Sights on Procuring Land for 800 MW Solar Projects

NTPC Renewable Energy (NTPC REL) has floated a tender towards the procurement of land and an Extra High Voltage (EHV) transmission system package for the development of Interstate Transmission System (ISTS)-connected 800 MW solar power projects in Maharashtra. The last date to submit bids is January 16, 2023. Bids open on the same day, that []

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Uttarakhand to Welcome 500 MW Solar Park in Unison with Rays Power Infra

Rays Power Infra Ltd, a player in the solar energy sector, has entered into a Memorandum of Understanding (MoU) with the Uttarakhand Government to build a 500 MW solar park. The MoU signing ceremony, held at Dehradun on December 5, 2023, witnessed the participation of key stakeholders, including the Chief Minister of Uttarakhand. Ketan Mehta, []

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Waaree Partners With IRCON To Supply Solar Modules To Karnataka

Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a []

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Adani TotalEnergies E-Mobility Limited to Steer EV Charging in Kanpur

Adani TotalEnergies E-Mobility Limited (ATEL) has inked an agreement with Kanpur Municipal Corporation (KMC) with an aim to encourage e-mobility in Kanpur. Under the Memorandum of Understanding signed between ATEL and the Municipal Corporation of Kanpur, the emobility firm will be responsible for setting up EV charging stations at 18 major locations in Kanpur city. []

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THDCIL Solicits Bids for 11 MW Floating Solar Plant

Miniratna PSU THDC has floated a tender for setting up of grid connected 11 MW (AC) floating solar PV (FSPV) plant on raw water reservoir of Khurja Super Thermal Power Plant. The cost of the tender is pegged at INR 63.56 Crore (including GST). The last date and time of bid is November 20, 2023 []

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Australian Multi-utility ActewAGL Initiates Establishment of 58 EV Chargers

ActewAGL, an Australian multi-utility joint venture firm that provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales as well as the Australian Parliament House, has set sights on the installation of 58 new electric vehicle (EV) chargers. These will be established across the Parliament House premises. The initiative began with []

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