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Floating Solar On Sea- How Close Are We ?

How do you supply electricity to 10,000 islands? Indonesia has over a million people who don’t have access to electricity. Floating solar aims to remedy cases like these. Proposed as a solution to the issue of land use and the issue of not being able to adopt expensive solutions like wind turbines in certain coastal […]

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BHEL Invites Bids For 300MW NHPC Floating Solar Project In Odisha

Bharat Heavy Electricals Limited (BHEL) has released a tender for conducting civil works for the proposed 300MW Rengali floating solar project at Odisha for NHPC. It invited tender for civil works for the 300MW Rengali floating solar project at Odisha for NHPC.   The tender mentioned that the estimated value of the contract – Rs. 2,33,29,072.00 […]

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Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage

In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […]

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Havells India Plans To Ramp Up Captive Solar Capacity To 16 MW

The electrical equipment manufacturer Havells India Ltd. has announced to build a 4.6 MW solar power plant at its Alwar facility in the upcoming fiscal year to increase its solar power capacity to about 16 MW, read a media statement by the company. By making this change, the company will be able to use renewable […]

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News Brief May 29 – ib vogt, Gransolar Group, Recurrent Energy

ib vogt completes 40 MWp solar power project in Poland International solar developer ib vogt has reached PAC (Provisional Acceptance Certification) for a 40 MWp solar PV project in Ziębice, Poland. The project has been delivering clean solar energy to the grid since December 2023 and passed all testing and requirements to commence full operation […]

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Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project

The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […]

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NTPC Awards 15 MW Bhilai Floating Solar Contract To Madhav Infra

Madhav Infra Projects (MIPL) has secured a contract to develop a 15 MW floating solar power plant in Chhattisgarh. NTPC-SAIL Power Company (NSPCL), a joint venture of NTPC and SAIL, has sent a letter of acceptance to Madhav Infra Projects (MIPL), an engineering, procurement, and construction (EPC) contractor, to develop a 15 MW floating solar […]

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Panasonic Energy Reports 15.45% Revenue Growth In FY23-24

Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […]

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Alpex Solar Net Profit Increases 680% YoY After IPO

Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […]

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