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Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy

Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […]

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KSB Ltd Pockets Order for 800 Solar Water Pumping Systems from UP Govt

Pune-headquartered firm, KSB Limited, which delves into the commissioning, inspection, servicing and maintenance of pumps, has received a letter of award for 800 solar water pumping systems under PM-Kusum III Scheme under Component B. The value of the order is pegged at INR 27.78 crores and been awarded by the Department of Agriculture, Uttar Pradesh. […]

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Solar Refrigeration Enabled By Carbon Credits In Nigeria

CarbonClear, a pioneering data-driven carbon credit standard, has announced a strategic partnership with Koolboks, a Nigerian company specializing in the design and manufacturing of solar-powered refrigerators. These innovative refrigeration units are engineered to be portable, robust, and energy-efficient, making them an ideal solution for regions with limited or unreliable access to electricity. They are particularly […]

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Offshore Wind Developers To Get Seabed Area On Lease For Five Years

The Ministry of New and Renewable Energy (MNRE) has issued norms for the tenders for allocating seabed to develop offshore wind projects. It comes when the ministry has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu.  As per the norms, the National Institute of Wind Energy […]

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KP Energy Bags 464.10 MW BoS Package for Wind Energy Project from NTPC REL

KP Energy Limited has been awarded a contract through the Notification of Award (NOA) for the development of a 464.10 MW Balance of System package for an Inter-State Transmission System (ISTS) connected wind energy project to be developed in the state of Gujarat. The contract has been awarded by NTPC Renewable Energy Limited (NTPC REL) […]

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Tale Of Two Solar Trailblazers-Greenlab Diamonds & Muni Seva Ashram

Greenlab Diamonds and Muni Seva Ashram are two different entities working in entirely different sectors. While Surat-based Greenlab Diamonds is a company dealing with lab-grown diamonds, Muni Seva Ashram is an institution at Goraj in Vadodara, hosting a hospital, school and social institutions. However, both these Gujarat-based institutions have one thing in common-adoption of green […]

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Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India

Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […]

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Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited

Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […]

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TPREL to Set Up 41 MW Captive Solar Plant for Solar Manufacturing Unit

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for Tata Power Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units […]

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