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IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24

The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […]

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Adani Green Meets Manufacturing Commitment, SECI Certifies Plant

Adani Green Energy Ltd has informed the stock exchanges that its associate company, Mundra Solar Energy Ltd., has received approval for its solar photovoltaic plant from the Solar Energy Corp. of India. The renewables arm of the Adani Group received the commercial operational date certificate from SECI for solar PV cells and solar PV modules […]

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Siemens Announces 800 MW Inverter Manufacturing Capacity In US

German Power major Siemens has joined the rush of firms seeking to benefit from the $360 billion plus subsidies on offer under the Inflation Reduction Act in the US. Announcing plans to begin manufacturing solar string inverters in Kenosha, Wisconsin, Siemens will make Blueplanet inverters at the new site, which it acquired from KACO in […]

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IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24

Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […]

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Lead Control Engineer

The Lead Controls Requisition Engineer works as part of the Solar and Storage Solutions controls engineering team in an international environment and will be responsible for validation, field implementation and maintenance of GE’s Solar and Storage Solutions Software and Control Systems. This includes but it is not limited to AC system, DC system, Building, SCADA […]

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Contract Electronics Manufacturing Giant Foxconn Mulls Over EV Hub in India

Taiwanese firm Foxconn Technology Group is looking to capture the Indian market. The firm has set sights on capturing 5 per cent of the worldwide sales by 2025 and aspires to deliver between 500,000 and 700,000 EVs by the said year. The firm is intent on opportunities to make the country its third global hug […]

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Sterling and Wilson Renewable Adds 600 MW Order From GIPC

Sterling and Wilson Renewable Energy Limited (SWRE), has announced that it has received a Letter of Intent (LoI) from Gujarat Industries Power Company Limited (GIPCL), for its proposed 600 MWac (equivalent to 750 MWdc) solar PV project at Khavda. The total bid value, including O&M for 3 years would be ~INR 1,130 crore (including taxes […]

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ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines

Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […]

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Germany’s MAHLE Introduces Bionic Cooling Plate for Improved Battery Efficiency

Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics nature’s patterns, the company’s engineers have brought about a noteworthy transformation. This innovative approach leads to a enhancement of both thermodynamic efficiency and structural-mechanical […]

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