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Growatt In Tie-up With Turkey’s Form Elektrik for 300 MW C&I Focused Solar Project

Turkey-based Form Elektrik and China-based Growatt have agreed on a joint 300 MW solar project. This collaboration will help to satisfy market demand for reliable and cutting-edge solar energy products and solutions, especially in the C&I solar industry in Turkey. Growatt claims that it provides industry’s most potent C&I inverters, the MAX 100-125KTL3-X and MAX […]

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Amplus Solar Adds Mahindra’s Three-Wheeler EV Zor Grand To Mobility Fleet

The electric mobility vertical of Amplus Solar has signed an MoU with Mahindra Electric to procure Zor Grand, which Mahindra claims to be its brand-new breakthrough three-wheeled electric vehicle. Amplus Solar is a member of the Malaysia-based Petroliam Nasional Berhad (PETRONAS) group and is headquartered in Gurugram, India. Amplus Solar held that with this addition, […]

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Boviet Solar & Origis Energy Upgrade Agreement to Over 1.1 GW

Vietnam-based Boviet Solar Technology, a leading global solar energy technology company, has signed an additional purchase order for more than 400 Megawatts of solar capacity with Origis Energy, one of America’s largest solar and energy storage developers. Together with the original 700 MW agreement signed in July this year, the partnership now covers 1.1 GW […]

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New Financing Association Forms Platform for FIIs that Finance EVs

A group of financiers that are actively financing electric vehicles have joined hands to launch an association, Electric Mobility Financiers Association of India (EMFAI). EMFAI will prove to be a common platform for all the financial institutions involved in financing electric vehicles and other products as well as services relevant to the ecosystem. The association […]

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NTPC, Avaada Emerge Winners for MSEDCL’s 500 MW Solar Project Phase VIII

The 500 MW grid-connected intrastate or interstate solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded NTPC Renewable Energy and Avaada Energy as the winners.  200 MW were awarded to NTPC Renewable Energy at a quote of Rs. 2.82/kWh. Avaada Energy requested 500 MW at Rs. 2.83/kWh, but was […]

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WAAREE Gets 500 Cr Credit Line for Solar Projects

WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […]

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GE Renewable to Supply Wind Turbines to Japan

GE Renewable Energy, a French wind turbine maker, has announced that it has been selected as the supplier for the Fukaura Wind Farm by Green Power Investment (GPI) in Fukaura Town, Aomori Prefecture, Japan. The project, which will feature 19 units of 4.2-117 onshore wind turbine of GE, represents company’s third project with GPI in […]

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]

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