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Airtouch In Key Deal With ReNew For Its Panel Cleaning Equipment

Israel based robotic cleaning solutions firm Airtouch Solar continues to make inroads into the Indian market. In it’s latest deal announcement, the firm has announced the closure of its fifth and largest agreement with ReNew  worth $8.5 million for supply of Airtouch’s advanced robot model –  Airtouch AT 4.0 for ReNews solar projects in India. […]

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Tongwei Becomes First Chinese PV Maker in Fortune 500 List

China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […]

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Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest

Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […]

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NTPC Gung Ho On Renewables Targets, Sees Bigger Opportunities Open Up

National Power Utility NTPC Limited has been in the news for all the right reasons recently. A soaring stock price has been driven by rising power demand, which has meant higher utilisation of NTPC’s coal power fleet, even as NTPC itself has extracted almost 65% higher coal during the year gone by. That, plus a […]

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RECPDCL Issues RFS for Wind Power Developers for 100 MW Wind Power Projects

REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power, invites bids for the selection of wind power developer(s) for setting up of  100 MW ISTS-connected wind power project(s) in India via tariff-based competitive bidding (TBCB) process on Build Own Operate  (B-O-O) basis unedr […]

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SECI Issues Tender For 1500 MW of Firm and Dispatchable RE Power

The Solar Energy Corporation of India (SECI) has now issued a tender seeking bids from renewable energy developers to add 1500 MW of new firm and dispatchable renewable power. This project has been planned for Inter-State Transmission System (ISTS)-connected renewable projects that could be situated anywhere in India. The central agency has sought this tender in a […]

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Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation

A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning.  The report highlights the significant reduction in GHC […]

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Servotech Sets up Subsidiary for EV Charging Components Manufacturing

EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […]

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Sungrow Completes Five Years Of Operations in India

Leading global solar inverter brand Sungrow has completed five years of local production in India. The company said that during the last five years, it has grown in capacity and built a stronger business ecosystem in the country. It started its journey in India in 2018. It now dispatches string and central inverters from its […]

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