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Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender

Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […]

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Chinese Module Majors Feel The Pinch From Module Price Drop

As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […]

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GUVNL Looks to Procure 500 MW Solar Energy with 500 MW Greenshoe Option

Gujarat Urja Vikas Nigam Ltd., (GUVNL) has issued a tender and invited bids for the purchase of power through competitive bidding process (followed by reverse e-auction) from 500 MW grid connected solar PV power projects without energy storage to be set up/ under construction/ already commissioned projects anywhere in India. The GUVNL tender comes with […]

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Battery Management Firm Element Energy Raises $111 Million

US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […]

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Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth

Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […]

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Australian Multi-utility ActewAGL Initiates Establishment of 58 EV Chargers

ActewAGL, an Australian multi-utility joint venture firm that provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales as well as the Australian Parliament House, has set sights on the installation of 58 new electric vehicle (EV) chargers. These will be established across the Parliament House premises. The initiative began with […]

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THDC to Build RE Projects of 3270 MW in Karnataka

Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […]

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Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits

Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […]

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Canadian Solar Sets Sights on 5 GW Wafer Unit in Thailand

Solar manufacturer Canadian Solar is set to introduce a 5 GW solar wafer production unit in Chonburi, Thailand. The manufacturing facility, which will boast N-type wafer, will be operational by next year in March. In 2024, it will supply to the TOPCon cell manufacturing unit in Thailand. Later, by year 2025, the wafers will be […]

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