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BLUETTI Introduces Handsfree Solar Backpack Power Stations

Clean energy solutions company BLUETTI has announced releasing its Handsfree Series, a combination of portable power stations and multi-functional backpacks for hands-free charging on the move. Designed for hikers, photographers, campers, and adventurers, the new backpack power stations keep their devices charged without slowing them down. The Handsfree series features two models: the Handsfree1 and […]

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Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.  Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […]

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PM KUSUM: Tembo Global Secures Rs. 595 Cr Solar Project From MSEDCL

Mumbai-based TEMBO, recently secured an order from Maharashtra State Electricity Distribution Co.Ltd, (MSEDCL) for solar photovoltaic power generating stations of 124 MW(AC). The company secured this project under Mukhyamantri Saur Krushi Vahini Yojana 2.0 for Rs. 595 crores. The scheme was launched for implementation of feeder level solarization under component C of PM-KUSUM Scheme. TEMBO […]

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Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects

Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […]

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Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T

Rayzon Solar announced that the company has won  a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states. The solar projects operating out of the state of Jharkhand, […]

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ITC Commissions Second Offsite Solar Plant in Karnataka

ITC Limited has recently commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka.  ITC Limited has set itself the target to meet 100% […]

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ALMM: India’s Enlisted Solar Module Capacity Touches 58 GW

The Ministry of New and Renewable Energy (MNRE) in its latest Approved List of Models and Manufacturers (ALMM) revealed that the total enlisted Indian solar module manufacturing capacity touched 58.42 GW. The ministry earlier issued the last ALMM on September 27. In the latest list, the ministry reported an addition of around 2.09 GW of […]

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IBM Acquires Prescinto, Expands Into Renewable Energy Space

IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […]

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