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solar and storage

Waaree Energies Announces Price Band For Its IPO

Indian solar module manufacturer Waaree Energies has announced the price band for its upcoming Initial Public Offering (IPO) during a press conference in Mumbai. The price range has been set between Rs 1,427 and Rs 1,503 per equity share. The company will offer a minimum lot of nine equity shares, with additional shares available in […]

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IBM Acquires Prescinto, Expands Into Renewable Energy Space

IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […]

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Saatvik Solar’s Module Orderbook Swells By 200 MW With Mahagenco ORder

Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […]

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News In Brief Oct 14: Premier Energies, Ørsted Solar Project, Huasun And ITRAMAS

Premier Energies Subsidiaries Secures 765 Crore Order To Supply Solar Module, Cells Premier Energies International Private Ltd. and Premier Energies Photovoltaic Private Ltd., both subsidiaries of Premier Energies Limited, have received and accepted multiple orders from various customers amounting to a total value of INR 765 crore. These orders comprise of Ra. 632 crore for […]

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Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley

India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […]

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The Rise of Solar Co-ops: Collective Action for Installation Initiatives

By-Shreesh Chaturvedi  India, now the world’s most populous country with 1.4 billion people, faces heightened energy demands due to its expanding population and robust economic growth. In response, the country has committed to reducing its carbon intensity by over 45% by 2030, achieving 50% of its total electric power capacity from renewable sources by 2030, […]

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Trinasolar, Kiwi Solar & Trilect Partner For Agrivoltaics Project In New Zealand

Trinasolar, a photovoltaic (PV) and energy storage solutions provider has joined forces with Kiwi Solar and Trilect to launch Waikato’s first-ever agrivoltaics project and marking Trinasolar’s third foray into dual use agricultural and solar farming in New Zealand. Set across 6.5 hectares of land, the new solar farm is equipped with 5,740 modules, featuring Trinasolar’s Vertex […]

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Juniper Green, ReNew, Zelestra and Hero Future Winners In SJVN 1.2GW FDRE Tender

SJVN has closed the second tender for developer selection to provide 1.2 GW of firm and dispatchable power from renewable energy projects equipped with energy storage systems. The lowest tariff discovered in this tendering process stood at Rs 4.25 per kWh. Four developers have secured their project capacities by quoting the lowest tariff for the […]

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Off Grid Solar Market- 5 Key Takeaways From 2024 Trends Report

GOGLA and the Energy Sector Management Assistance Program (ESMAP) of the World Bank have released the 2024 report on Solar Market Trends for Off Grid Solar (OGS). Released every two years, this 7th edition in the series covers 2022 and 2023. The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase […]

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