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Hyderabad-based Olectra Greentech Bags Order for 50 E-buses

Olectra Greentech, Hyderabad-based country’s largest manufacturer of electric buses, on Monday said it has received a letter of award (LoA) for 50 e-buses from “one of the state transport authorities” for inter-city operations under the central government’s FAME-II scheme. These buses are to be delivered in 12 months, the company said in a regulatory filing. […]

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NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push

Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […]

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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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RE Push in U.S. Drives Up Solar Jobs: 3 lakh New Posts During Oct-Nov

The US solar industry is proving to be one of the hottest hiring sectors, thanks to an increased national focus on green energy driving up renewable jobs. According to a new analysis by Washington-based staffing and recruiting solutions provider PeopleReady’s skilled trades division, 305,000 solar jobs were posted between October and November, with roughly 230,000 […]

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Tamil Nadu Discom Gets Nod For 500 MW Projects Under Component A of PMKUSUM

In its order based on a hearing held on December 28, the Tamil Nadu Electricity Regulatory Commission (TNERC) has approved the Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) proposal to procure upto 500 MW of solar power from projects with capacity in the range of 1 MW to 2 MW under Component A of the […]

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Maha Discom Seeks Bids for 500MW Solar Plants Under KUSUM Scheme

The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has released a Request for Selection (RfS), inviting bids for the procurement of cumulative 500MW (AC) solar power from decentralised solar projects under Component-C of PM KUSUM scheme to be developed in the state through RESCO mode. The pre-bid conference will be held online on January 6, […]

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Axitec Launches 540W Module For India, Focus on Large Projects

AXITEC, one of the few German Solar PV brands that has survived the competition from China has an interesting approach to manage operations. With its headquarters and core engineering team in Stuttgart in Germany supporting the manufacturing capacity of 1 GW, which itself is spread across key markets including EU, China, Vietnam, Cambodia and India. […]

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