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solar energy power

India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity

India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […]

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MEC Intelligence Report On Wind Energy Orderbook In India

A new report from MEX Intelligence covers the Wind Turbine Generator (WTG) orders in India . Market leader Envision leads with 41%. The company bagged 1.6 GW of new order books for its solar projects in the April to June quarter of 2024. So far, the total order book of Envision has reached 7.7 GW. […]

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Vikram Solar Joins IPO Line, Files DRHP

Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […]

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Nextracker Opens Centre for Solar Excellence In Hyderabad

Nextracker, a leading global provider of intelligent solar trackers, foundations, and software solutions, has inaugurated its third, and India’s first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning across 13 acres this state-of-the-art facility will serve to advance solar tracker technology. The CFSE will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker […]

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L&T Division Gets Order For Energy Management Systems In India

The Digital Energy Solutions (DES) arm of Larsen & Toubro’s Power Transmission and Distribution (PT&D) business has received an order to develop and implement Energy Management Systems across regional and state load dispatch centers in South India. As part of the order, L&T is expected to develop energy management and associated software systems for 12 […]

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NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects

The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […]

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Rays Power Infra To Build VRFB Storage For NTPC

In a key milestone for flow batteries in India, Rays power Infra has secured an order for the 600KW / 3000KWh Vanadium Redox Flow Battery system from NTPC Limited . NTPC had issued the tender for the storage system back in June this year, to meet the power needs of NTPC Technology Research Alliance (NETRA). […]

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NLC India Aims To Add 10 GW Renewable Energy By 2030

NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, marked its 10th year of renewable energy generation in 2024. The company embarked on its renewable energy journey on September 28, 2015, by commissioning a 10 MW solar photovoltaic power plant in Neyveli. Primarily a lignite-based power-generating company, NLC […]

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The Australia Experience: How Energy Storage is Transforming National Grids

Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […]

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