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solar energy company

Bangladesh’s Largest Solar Plant Of 100 MW Up For Approval

Bangladesh, known more for its off grid solar programme that has provided electricity access to over 20 million citizens, and spawned some brilliant startups (notably SOLshare) in the process, is finally close to a large, utility scale project. Plans have been finalised to set up the country’s largest single power plant in Jamalpur, for a […]

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Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc

Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […]

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GSECL Tenders for 224 MW of Grid-Connected Solar Projects

A wholly-owned subsidiary of the Gujarat Urja Vikas Nigam, Gujarat State Electricity Corporation Limited has floated a tender for a 224 MW solar Photovoltaic grid-connected power plant. The tender has been issued for the power plants ranging from 10 MW to 55 MW at various substations of GETCO of Surendranagar, Morbi Kutchh, Jamnagar & Surat […]

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REMCL Invites Bids for 210 MW Solar Projects on Vacant Railway Land

Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited (Rail India Technical And Engineering Services Limited, a railway PSU), has issued a new tender to develop 210 MW of grid-connected solar projects under the Domestic Content Requirement (DCR) category. The solar projects are to be developed on vacant railway […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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Masdar JV Reaches Financial Close On Indonesia’s First Floating Solar Plant

UAE-based renewable energy company Masdar and its partner PT PJBI announced today that their joint venture (JV) has achieved the financial close on the Cirata Floating Solar Power Plant project in Indonesia. The construction work of Indonesia’s first-ever floating solar power plant has begun. PT. PMSE (Pembangkitan Jawa Bali Masdar Solar Energi) is the JV […]

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SolarEdge Earns $431.5 M Revenues from Solar in Q2 FY21

SolarEdge, an Israel-headquartered photovoltaics company, has announced its financial results for the second quarter ended June 30, 2021. The company reported $431.5 million of revenues from the solar segment, up 39% from $310.1 million in the year-ago period. “We are happy to finish the second quarter of 2021 with record revenues in both our solar and non-solar businesses […]

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Simple Energy To Produce 1 Million E-scooter Units Annually at TN Plant

Bengaluru-based electric two-wheeler (E2W) maker Simple Energy has announced setting up its new production plant at Hosur, Tamil Nadu. Simple Energy‘s Hosur production plant will be developed around 200,000 sq ft and have a production capacity of up to 1 million units annually. The production plant is also expected to create 1,000 jobs, according to […]

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Kajaria To Invest Rs. 264 Lakhs For Captive Solar Power Consumption

India’s ceramic wall and floor tile manufacturing company, Kajaria Ceramics Ltd. has announced to invest Rs. 264 Lakhs in an SPV for solar power captive consumption. In a meeting today, the Board of Directors (BoD) of Kajaria Ceramics Ltd. have approved investing up to Rs. 264 Lakhs in an SPV (Special Purpose Vehicle) for solar […]

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