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Inox Wind Secures 51 MW Order From Everrenew For Tamil Nadu Project

Inox Wind Limited (IWL), a wind energy solutions provider, has informed the stock exchanges that it has bagged an order for 51 MW from Everrenew Energy, a commercial and industrial (C&I) energy developer. This is an equipment supply order for IWL’s latest 3 MW Wind Turbine Generators (WTGs). Additionally, Inox Wind is expected to provide […]

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Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra

Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […]

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Global Solar Inverter Shipments Grew By 56%: Wood Mackenzie

Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest report from Wood Mackenzie said.  According to Wood Mackenzie’s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of […]

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Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs

Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […]

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Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium

International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […]

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With A Focus On Gujarat, BHEL Executes 1155 MW Solar Projects

Shripada Yesso Naik, Minister of State (MoS) for the Ministry of New and Renewable Energy (MNRE) said that BHEL (Bharat Heavy Electricals Limited) has executed solar energy projects of up to 1,155 MW. The minister shared the figures in his recent statements before the Lok Sabha. As per the information shared by the minister, the […]

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Adani To Commission 1GW Of New Wind Capacities In FY25

Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […]

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Suzlon Hopeful of Record Wind Capacity Additions In India In FY25

Indian wind energy company Suzlon is hopeful of a record wind energy capacity additions by the sector in the country in 2024-25. The company also sees an increasing trend of annual capacity additions in the next few years. The anticipation of the firm is based on the record number of tenders issued in the country, […]

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Oorja Raises $1.5M Pre-Series A For Farming-As-A-Service Model

Oorja, a solar irrigation services and agricultural advisory to smallholder farmers in India, successfully closed its US$1.5 million Pre-Series A funding round. The company in the recent round attracted $1.2 million in equity finance from impact investors like Acumen, elea, a family trust advised by Artha Impact, Echoing Green Signal Fund, Partners Group via its […]

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