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solar and storage

Consortium Formed for Sri Lanka’s Largest Private-Sector Renewable Energy Project with BESS

A leading player in the renewable energy sector of Sri Lanka, WindForce PLC, has partnered with reputed IPP Lakdhanavi Ltd and the Blue Circle Pte Ltd- a Singapore-based renewable energy firm, for what is set to be Sri Lanka’s largest private-sector renewable energy project. The project, which will transform the energy landscape of the island […]

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Inverter Maker Solinteg Brings Its Low Carbon Offerings To India With iNVERGY

Chinese new energy firm, Solinteg has officially announced its expansion into India with a robust partnership with iNVERGY. Solinteg offer products of PV inverters,battery, smart terminal, monitoring device and EMS service. The collaboration with iNVERGY, whose promoter group has extensive experience with solar products distribution in India, signifies the introduction of Solinteg’s industry-leading Integ M […]

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Quench EV Chargers Launches Movable DC Fast Charger

Quench EV Chargers, a firm that provides battery charging solutions, has presented its latest innovation, the Quench Mini – a movable 30KW DC Fast Charger specifically designed for the most extreme conditions on the planet. Onkar Garudkar, Head of Marketing for Quench, said, “The new Quench Mini is designed to be reliable and outrageously easy […]

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Inverter Major SOFAR Signs a 100MW Utility Deal With Velan Infra

SOFAR, a global provider of all-scenario solar PV and energy storage solutions, has signed a 100MW contract of supplying SOFAR 255KTL-HV utility string inverters for solar plants in Tamil Nadu with Velan Infra. The commissioning of the entire 100MW project is expected to be completed by November 2023. According to the firm, the SOFAR 255KTL-HV […]

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After BSE, Waaree Renewable Considers Plans For Listing In NSE

Indian solar EPC and O&M player Waaree Renewable Technologies is now mulling the listing of its company at the National Stock Exchange (NSE). It is already listed under the Bombay Stock Exchange (BSE). The company management shared the information during its recent investors call. The firm recently updated the details of the investors’ call to […]

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Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr

Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […]

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BluPine Wins 100 MW & ACME Bags 500 MW in RUVNL Tender

Rajasthan Urja Vikas Nigam Limited’s (RUVNL’s) tender for the development of  1200 MW of solar with storage projects has declared BluPine Energy and ACME as winners. While BluPine bagged a quantity of 100 MW at INR 6.68/Kwh, ACME won 500 MW out of the quoted 600 MW at INR 6.69/kWh. The auction was held in […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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