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GUVNL Issues Tender for 600 MW Solar Capacity with Greenshoe Option

Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender for the purchase of power via competitive bidding process followed by reverse e-auction from 600 MW grid connected solar photovoltaic power projects to be set up in GIPCL’s (Gujarat Industries Power Company Ltd) solar park at Khavda, Gujarat with greenshoe option of additional capacity upto […]

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IEX Sees 8% Volume Increase YoY in June ’23 to Reach 8946 MU

Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8946 MU overall volume in June 2023, including green market trade of 272 MU, 5.33 lac RECs (equivalent to 533 MU) and 2.44 lac ESCerts (equivalent to 244 MU). The overall volume during the month was higher 8% on YoY basis. IEX achieved 25,125 MU volume […]

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Cleantech Solar to Develop C&I Solar PV Projects of 60 MWp Capacity in Tamil Nadu

Cleantech Solar, which offers renewable energy solutions to corporations in India and Southeast Asia, has entered into long-term power purchase agreements (PPAs) with Commercial & Industrial (C&I) customers in Tamil Nadu. The agreements pave the way for the establishment of 60 MWp of open access solar park in Tirunelveli district in the state. Power supplied […]

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Sunsure Energy Pockets 4.5 MWp Solar Project From Allana Group For UP Plant

Mumbai-based Allana Group, a global leader in manufacture & export of various food and consumer products including Frozen & Chilled Halal Meat has signed a 4.5 MWp open access solar PPA with Sunsure Energy, a  leading renewable power developers. Through the PPA, Allana Group will be able to offset a significant part of the total […]

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Alternate Energy: GAC Unveils Liquid Ammonia Engine for Cleaner Mobility

Guangzhou Automobile Group (GAC), a Chinese state-owned manufacturer, has unveiled a prototype engine that utilizes liquid ammonia as a fuel, presenting a potential alternative to electricity and hydrogen. The unveiling was done at the firm’s annual flagship conference. The development of this innovative internal combustion engine (ICE) is a result of collaboration between GAC and […]

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ZincFive Closes $80 Million Capital Partnership with Orion Infrastructure Capital

ZincFive, a nickel-zinc (NiZn) battery-based solutions provider, announced a strategic partnership with Orion Infrastructure Capital (OIC). The capital investment will provide ZincFive up to $80 million via a term loan to fuel the company’s global commercial adoption in existing and new markets, including mission-critical applications in data centres, industrial engine starting, and other high-power energy […]

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Risen Energy Signs 1GW HJT Solar Module Supply Agreement with Athein

Ningbo, China based Risen Energy, a leading producer of heterojunction (HJT) solar modules, has entered into a supply agreement with Singapore-based independent power producer (IPP) platform company, Athein Holding Pte Ltd. The agreement will see the solar module maker providing up to 1 GW of HJT solar modules to Athein Holding, supporting their renewable energy […]

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Waaree Commissions 122 MWp of Solar Project At Khandwa In MP

Waaree Renewable Technologies Ltd. (WRTL), a subsidiary of Waaree Energies Ltd, has now announced the commissioning of 87.5MW (122.5MWp) of EPC solar power project in the Khandwa district of Madhya Pradesh. This project was developed by Waree for UPC Renewable Energy Pvt Ltd’s subsidiary Masya Solar Energy Pvt Ltd. The clean energy project is spread […]

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Haryana Offers 75% Subsidy Support Under PM-KUSUM

Haryana Renewable Energy Development Agency (HREDA) has now issued notification seeking applications from farmers for solar irrigation pump connections under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM). The notification asked the eligible farmers to apply up to July 12, 2023.  Under the scheme, the Haryana government is offering a 45 percent subsidy from the state […]

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