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Indian market

BluPine Energy Acquires 369 MW Solar Assets From Acme Group

BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […]

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Gensol EV Receives ARAI Certification To Launch Its First Flagship Electric Vehicle

Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Ltd and a new-age OEM in the e-mobility space,  today announced that it has received the certification and approval for its unique and revolutionary electric vehicle, from the Automotive Research Association of India (ARAI). This significant accomplishment marks a step forward, paving the path […]

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Growatt Showcases Various Solar And Storage Offerings At Smarter E India 2024

New Energy Technology Company Growatt showcased solar and storage offerings for residential, commercial, industrial, and utility applications tailored to the Indian market trends and customers’ needs during the Smarter E India 2024 in Gandhinagar. The highlights were the C&I string inverter, MAX 150KTL3-X LV, and the microinverter, NEO 2000M-X, marking their debut in the Indian […]

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N-TOPCon Modules Manufacturer Saatvik Solar Gets BIS Certification

Solar Module manufacturer Saatvik Solar announced that the Bureau of Indian Standards (BIS) has granted approval for India’s 16 BB Bifacial N-TOPCon Module. This additional certification covers Saatvik’s PV modules to high-efficiency solar solutions, catering to the growing demand for advanced photovoltaic technology and performance standards for the power output warranty period, said the company […]

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VinFast Set To Launch Integrated EV Facility In Tamil Nadu On February 25

VinFast Auto a Vietnam-based automaker shared its plan to set up an integrated electric vehicle (EV) manufacturing facility in Tamil Nadu which is projected to churn out about 3,000 to 3,500 local job opportunities. VinFast shared its plan to set up an integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February […]

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Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project

Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […]

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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […]

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Inox Wind Gets Its 3MW Turbines Enlisted With MNRE

Indian wind energy company Inox Wind Limited announced that its 3 MW Wind Turbine Generator (WTG), with a booster capacity of up to 3.3 MW, has been enlisted in the Revised List of Models and Manufacturers (RLMM) published by the Ministry of New and Renewable Energy (MNRE). The firm said that its 3 MW wind […]

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