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Inverter Major Sungrow Overtakes Longi By Market Cap

Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of []

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Elections 2024: Renewables Take Center Stage In Political Parties Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled []

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BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies

Bharat Petroleum Corporation (BPCL) has announced it has awarded the consultancy contract for setting up a 52 MW solar power project in Prayagraj, Uttar Pradesh to Ahasolar Technologies. The tender for the solar power project was floated by BPCL in February. Under the ambit of the project, BPCL has planned to power its refineries through []

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News In Brief April 5- Alpex Solar, SolarEdge, Ford & More..

Alpex Solar bags govt orders worth Rs. 11.90 crore in Jharkhand under the PM-KUSUM scheme Alpex Solar says it has received orders for supply, installation and commissioning of 500 Solar Water Pumping Systems from Jharkhand Renewable Energy Development Agency. The Projects are scheduled to be completed within 120 days from the date of issue of work []

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The []

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Tesla Left in the Shadows: Vamsi Gaddams Groundbreaking ATUM Solar Innovation Takes Centre Stage

Visaka Industries JMD has incorporated sustainability in each one his companys products. ATUM Solar is a shining example of green innovation done right. Vamsi Gaddam, the esteemed Joint Managing Director of Visaka Industries, has propelled the company to the pinnacle of renewable energy innovation with his groundbreaking achievement of patenting ATUM, hailed as the worlds []

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BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy

BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power.  The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmarts commitment to []

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Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 []

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Solar Finance Startup Metafin Gets $5 Million Funding

Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafins approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, []

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