SUBSCRIBE NEWS LETTER

investment

Solis Showcases Solar Energy Solutions at REI 2024

Global energy solutions company Solis made a strong impact at the Renewable Energy India Expo 2024 (REI 2024), held from October 3rd to 5th at the India Expo Centre, Greater Noida, Delhi, the firm said. The company showcased its range of cutting-edge energy storage and smart energy solutions, drawing significant attention from industry leaders and visitors […]

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iRasus Technologies Raises Over Rs. 4cr In Seed Round

iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to provide data intelligence and generate insights on battery storage solutions […]

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Saatvik Solar Wins 213 MW Solar PV Modules Contract From L&T

Indian solar module maker Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 […]

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India’s Solar Sector Buoyant On New Growth Trajectory

FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […]

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Torrent Power Wins 2000 MW Energy Storage Contract From MSEDCL

Torrent Power Ltd has won a letter of award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for long-term supply of 2,000 MW energy storage capacity from Torrent Power’s InSTS Connected Pumped Hydro Storage Plant in Maharashtra. Of the 2,000 MW energy storage contract, 1,500 MW had been confirmed earlier by Torrent Power through an […]

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IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India

The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […]

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Hitachi Energy Rolls Out $250Mn Plans For India

Hitachi Energy, a firm working in the energy technology landscape announced that it will invest nearly $250 million USD (INR 2,000 crore) in the country over the next five years to help the company improve its manufacturing capacities, expanded product range in support of the fast-growing demand worldwide for sustainable energy solutions. The investment forms […]

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TruBoard Partners Unveils TruGreen For Renewable Energy Management

Mumbai-based TruBoard Partners, recently launched TruGreen, a managing renewable energy assets solution, at the Renewable Energy India (REI) Expo 2024. The tech-based asset management company TruGreen specializes in solar and wind assets, and is designed as a one-stop platform for renewable energy stakeholders, featuring five modules: TruAnalytica is for real-time performance management analytics, TruBuyer for […]

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India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report

According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […]

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