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Gautam Solar Eyes IPO Option As It Expands Capacity to 5 GW

Gautam Solar, one of the oldest and largest solar module manufacturer in North India, has announced more details on its ambitious plan to expand its solar module manufacturing capacity to 5 GW by 2025. This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second []

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eBikeGos Subsidiary Vajram Electric Acquires 40% Stake In Varcas

eBikeGos subsidiary, Vajram Electric Ltd has acquired a 40% stake in Varcas Automobiles Pvt Ltd, an Electric Vehicle manufacturer based in Hyderabad. Varcas Automobiles Pvt Ltd has successfully delivered over 25,000 electric two-wheelers to date and generating a revenue of 110 crore. With the acquisition, Vajram Electric Ltd aims to capitalize on Varcas robust manufacturing []

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Indias Renewable Capacity Crosses 200 GW Benchmark

Indias renewable energy capacity has now crossed 200 GW, latest data from the Central Electricity Authority (CEA) revealed. As per the latest information from the agency, Indias total renewable capacity (excluding large hydro) touched 154 GW while Indias large hydro projects touched 46 GW capacity by the end of September 2024. A comparison of CEAs []

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Saatvik Solars Module Orderbook Swells By 200 MW With Mahagenco ORder

Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be 302 crore. MAHAGENCO is one of Indias largest power generation []

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NTPC-Ramagundam Invites Bids To Build 100MW/400MWh BESS

NTPC-Ramagundam in Telangana has issued a tender to build grid-connected 100MW/400MW Battery Energy Storage System (BESS). Through this tender, NTPC has planned to develop renewable energy solutions and support the same through energy storage. The deadline for bid submissions is set for November 6, 2024. The successful bidder will be responsible for developing, installing, and []

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News In Brief Oct 14: Premier Energies, Ørsted Solar Project, Huasun And ITRAMAS

Premier Energies Subsidiaries Secures 765 Crore Order To Supply Solar Module, Cells Premier Energies International Private Ltd. and Premier Energies Photovoltaic Private Ltd., both subsidiaries of Premier Energies Limited, have received and accepted multiple orders from various customers amounting to a total value of INR 765 crore. These orders comprise of Ra. 632 crore for []

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Solar-Storage Can Avert Indias 40 GW Power Shortage By 2027: Berkeley

India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a []

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Focus On Avoiding Renewable Curtailments-IEA Prescriptions

Renewable energy sources such as solar and wind power are growing at a rapid pace. Naturally, the transition is also driving significant transformation for the global energy landscape. In 2024, global renewable energy capacity is expected to increase by almost 20 percent, building on the record growth of 60 percent seen in 2023. While this []

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Oriano Clean Energy to Develop184 MWp Solar PV Projects

Oriano Clean Energy has received a contract from Blueleaf Energy, a pan asian- renewable energy firm. Under the contract, the company is to develop solar PV projects of a total capacity of 184 MWp. The project is expected to be developed in Agar, Malwa, Madhya Pradesh. Adding the Blueleaf Energys Pachora Hybrid Power Project to []

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