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Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […]
In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […]
Adani Energy Solutions Ltd (AESL), the transmission and distribution company of the Adani group, has completed the acquisition of the Special Purpose Vehicle (SPV) of the Khavda Phase IV Part-A transmission project, after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. Khavda IVA Power Transmission Ltd, a special purpose vehicle […]
The Solar Energy Corporation of India (SECI) today announced the appointment of Sivakumar V Vepakomma as its new Director for Power System. Prior to this, Sivakumar served at NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Ltd as Chief General Manager. There he was responsible for engineering, contracts, commercial and business development functions. […]
The Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has now decided to develop a solar project in Mau district on government land. The state nodal agency for green energy has now also issued a tender in this regard for developing a 5 MW of solar project in the region. The last date of tender […]
To boost the growth of solar-powered cold storages in the country, the Ministry of New and Renewable Energy (MNRE) has issued a notification announcing the formation of a special panel. The ministry stated that this new Technical Committee will help review the draft specifications for solar cold storages. “A Technical Committee has been constituted under […]
Wind turbine manufacturer Senvion India announced a new order of 86.4 MW from Continuum Green Energy in Gujarat. With this order, Senvion will be delivering a total of 270 MW across five projects to Continuum. Senvion India was acquired by Saudi Arabia based Alfanar in 2021 from its German parent, Senvion Gmbh. At the time […]
Sungrow, a global solar inverter and energy storage system provider, presented its latest innovations in solar, storage, and EV charging at Intersolar South America, held from August 27-29, 2024. During the expo, Sungrow announced reaching a significant milestone of 20 GW in cumulative contracted inverter orders across Latin America. With supportive policies, growing investments, and […]
India’s cumulative enlisted domestic solar module manufacturing capacity has now touched 54.70 GW, latest data from the MNRE revealed. As per the latest Approved List of Models and Manufacturers (ALMM), issued by the MNRE on August 29, India is now home to 94 enlisted solar module manufacturing factories, spread across the country. The latest list […]
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