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FY 2023-24: SECI Snags Excellent Rating With Over 73 GW Awarded Capacity

In 2024, Solar Energy Corporation of India Ltd (SECI) exceeded a cumulative awarded renewable generation capacity of 73 GW as of December 31. In the financial year 2023-24, the company saw a substantial 22.13% increase in its annual trading volume, reaching a total of 42.935 billion units. SECI recorded a total income of Rs. 13,135.80 […]

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PM-KUSUM (Comp A): Centre Allocates 5 GW Capacity To Rajasthan

The Ministry of New and Renewable Energy (MNRE) has now ordered allocating an additional 5,000 MW capacity to Rajasthan under the PM Kusum (Component A) Scheme. Union Minister for New and Renewable Energy Prahlad Joshi allocated the additional quota to the state after receiving a representation from Rajasthan Chief Minister Bhajan Lal Sharma and a […]

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IREDA Q3 Results- PAT Up 26.7% on 25% Rise In Disbursements

Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the third quarter of FY 2024-25, showcasing significant growth across key financial metrics. As the nation’s largest pure-play Green Financing NBFC, IREDA has been focusing on publishing its Quarterly Audited Financial Results quickly, in this case within just 9-days. Key Highlights of […]

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LG Energy To Supply Cylindrical Batteries for Aptera’s Solar EVs

LG Energy Solution has announced its partnership to supply cylindrical batteries to Aptera Motors Corp. (Aptera), a solar electric vehicle manufacturer. The agreement follows the signing of a three-party Memorandum of Understanding (MoU) in Las Vegas between LG Energy Solution, Aptera, and CTNS, a battery module and pack manufacturer. The three companies will collaborate on […]

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Rayzon Solar’s Chirag Nakrani To Feature In Shark Tank India

Founder and Managing Director of Rayzon Solar–Chirag Nakrani is now all set to feature in Shark Tank India Season 4. The green entrepreneur is set to feature as an investor (a shark) in one of the special editions of the famous show. The show is now hosted on OTT platform-Sony Liv. Shark Tank India has […]

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EU Solar Hits 65.5 GW, Risks Missing 2030 Target by 100 GW

The European Union (EU) solar market reached a new all-time high of 65.5 GW, but the annual growth has drastically decelerated. The market surged in the utility-scale solar market segment in 2024 at the expense of residential rooftop solar losses, found a Solar Power Europe report. The EU Market Outlook for Solar Power 2024-2028 warns […]

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Maharashtra: Mahindra Unveils Its EV Manufacturing, Battery Plant

Mahindra recently unveiled its newly dedicated manufacturing and battery assembly facility at its Chakan (Pune) plant located in Maharashtra. It’s a fully integrated ecosystem to produce Electric Origin SUVs. The unit is located within the company’s 2.83 km-sq Chakan manufacturing hub. It is one of the large greenfield projects, a water-positive facility. It is 100% […]

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Solidus Techno Power Announces 110 MWp Captive Solar Project

Solidus Techno Power Pvt. Ltd, a solar EPC company in Punjab, announced a collaboration with Jogindra Group, a company working in Punjab’s manufacturing industry. The partnership is meant to develop a 110 MWp solar power project. The 110 MWp captive open-access ground-mounted solar project is designed to cater to the diverse energy needs of Jogindra […]

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Hithium, Samsung C&T Forge 10 GWh BESS Partnership

Hithium recently entered a new global partnership with Samsung (C&T) Engineering and Construction Group, with expertise in engineering, procurement, and construction of large-scale projects. The company said, “Going forward, Hithium and Samsung C&T will endeavor to work closely, aiming to secure more opportunities for energy storage execution projects worldwide. The project pipeline is estimated to […]

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