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energy storage

SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities

With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’.  The program sets sights on climate adaptation and mitigation at the center to all […]

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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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SECI Invites Bids for Solar Power Projects upto 5 MW

SECI invites bids for design, supply, installation, testing and commissioning including warranty, comprehensive operation & maintenance of solar power projects in India -rooftop and ground mounted (up to 5 MW) systems has been issued by Solar Energy Corporation of India (SECI). The tender closes on 18.05.2023 at 00:00 Hrs. The tender opens on 18.05.2023 at […]

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Magenta Mobility Gets Capital Infusion of $22 Mn From bp, Morgan Stanley India Infra

Electric mobility solutions provider Magenta Mobility has revealed that it has concluded a Series A1 funding round, which has rung in USD 22 million equity investment coming in from UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The firm has shared that with the freshly infused capital, it will look at fleet and geographical […]

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SunSource Commissions 9 MW Solar Open Access Project in UP for Varun Beverages

A firm that provides solar-based energy and storage solutions, SunSource Energy has shared that it has commissioned a 9 MW (DC) solar open access project in Uttar Pradesh (UP) for Varun Beverages. Varun Beverages is a noted player in the beverage industry and among the largest franchisees of PepsiCo in the world. The PPA paves […]

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EDF Renewables to Develop 425 MW Solar Power in Indiana

EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […]

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Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp

Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […]

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FY23’s Final Big Tender Is SECI’s Tender For 2000 MW ISTS Connected Solar Projects

The Solar Energy Corporation of India (SECI) has issued atender for the selection of solar power developers for setting up of 2000 MW (2GW) inter-state transmission system ISTS-connected solar power projects in India. The tender is issued for Tranche XI. The tender follows a noticeable slowdown in fresh issue of tenders, as SECI focused on […]

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GERC Fixes Additional Surcharge Payable by Open Access Consumers at Rs. 0.76/kWh

The Gujarat Electricity Regulatory Commission (GERC) has fixed the additional surcharge payable by open access consumers for the period of 1st April, 2023 to 30th September, 2023 at Rs. 0.76/kWh. This will be applicable to the consumers of four-state owned DISCOMs, namely Dakshin Gujarat Vij Company Limited (DGVCL), Madhya Gujarat Vij Company Limited (MGVCL), Paschim […]

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