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Octopus Energy Group Raises Fresh Funds Totaling $550 million

In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […]

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MPUVNL Tender Invites Bids For 35 MW Rooftop Solar Systems

Madhya Pradesh Urja Vikas Nigam Limited has floated a tender inviting bids for installation of 35 MW grid-connected rooftop solar systems. The bids will extend to operations and maintenance of the project for 25 years. The tender mentions that the last date for online submission of the bids is July 13, 2022. The earnest money […]

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Cleantech Solar Commissions 625 kWp Rooftop Solar for Yachiyo India

Cleantech Solar has announced that it has commissioned a 625 kWp rooftop solar photovoltaic (PV) system at the manufacturing facility of Yachiyo India Manufacturing Private Limited in Bhiwadi, Rajasthan. Cleantech Solar said that the project was executed in record time, taking just 59 days from PPA signing to commissioning, including obtaining all regulatory and net […]

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IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline

India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are:       (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […]

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Chandigarh jail goes green with 350 kWp rooftop solar plant

To commemorate World Earth Day, the current year’s theme being “Invest in our Planet”, another green energy initiative has been undertaken by the department of science and technology and renewable energy, Chandigarh. A 350 kWp Rooftop SPV Power Plant at Model Jail Complex, Sector 51, Chandigarh was inaugurated by UT adviser Dharam Pal in the […]

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