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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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India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs

India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […]

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Adani Solar Signs MoU With Almiya Group, To SetUp 225 MW Solar Farm In Kerala

Adani Solar, the solar PV manufacturing arm of the Adani Group has announced that it has signed a Memorandum of Understanding (MoU) with the Kochi-based Almiya Group. The company is a well-known solar distributor, to solidify its presence in the region. Adani Solar also laid out the plan to build a 225 MW solar power […]

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News Brief May 24- Appalachian Power, Amresco UK Battery, Colombian Solar Project

Appalachian Power Issues Tenders for 1.1 GW of Renewable Energy Supply In US Appalachian Power (APCo), headquartered in the United States, has announced the release of three Requests for Proposals (RfP) for 1.1 GW projects for securing power and Renewable Energy Certificates (RECs) from wind and solar projects, as well as from battery energy storage […]

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Customer Use Case By Growatt For Maximising Profits in Commercial Solar Projects

In today’s competitive solar energy landscape, optimizing the performance of your commercial solar project is essential for maximizing profits. One of the key components that can significantly impact profitability is the inverter. Both manufacturers and investors are exploring strategies to leverage inverters to enhance solar project’s earnings. A prime example of a company successfully leveraging […]

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Five Solar Startups Using AI To Make An Impact

If tech in the 2020s had to be defined by a phrase, it’d be Artificial Intelligence or AI. With every product nowadays coming out with some form of AI, it’s not surprising to see AI make its way to solar as well. In particular, startups have been at the forefront of the AI revolution for […]

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Delayed Solar Project: Gujarat Discom, GETCO Draw GERC’s Ire

The Gujarat Electricity Regulatory Commission (GERC) in its latest judgement ordered the Gujarat discom-Uttar Gujarat Vij Company Limited (UGVCL) and govt entity Gujarat Energy Transmission Corporation Limited (GETCO) to refund the amount charged to solar generators on account of delays. The case was filed by Arka Energy, Aditya Energy and their clients jointly against UGVCL, […]

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ICAI Invites Bids For 20 KWp Grid-Connected RT Solar Plant, Rohini

Institute of Chartered Accountants of India (ICAI) released a tender for a 20 KWp grid-connected rooftop solar power plant for ICAI Bhawan – Rohini. The ICAI tender mentioned, “The bidders are expected to have an enclose non-refundable demand Ddaft of Rs.1000/- plus GST @18%. The last date of receipt of the duly filled-in bid is […]

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NTPC-REL Seeks Bids For 225MW Solar Project At GSECL Solar Park At Khavda

NTPC Renewable Energy Limited (REL) has invited bids for the development of a 225MW grid-connected solar PV project at Gujarat State Electricity Corporation Limited (GSECL) solar park (Stage-III), at Khavda. NTPC-REL invited online bids from eligible bidders on a single-stage two-envelope (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) basis. The tender includes the supply […]

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