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Gensol Acquires Majority Stake In Solar Tracker Firm Scorpius

Gensol Engineering has now announced acquiring a majority stake in Scorpius Trackers, a single-axis solar tracker company. In its latest self-disclosure before the Bombay Stock Exchange (BSE), the company has announced the acquisition of  54.38 percent shares of Scorpius and voting rights in the company. Gensol Engineering Limited is a part of the Gensol group of […]

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REC Limited Funding Push Continues With Deals For Serentica, GreenKo

REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late.  REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […]

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Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh

Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […]

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Matrix Renewables & RPlus Energies Launch 200 MW Pleasant Valley Solar Project

Renewable energy platform Matrix Renewables and RPlus Energies, a diversified renewable energy development firm, have launched Pleasant Valley Solar, a 200MWac/261MWdc solar project in Idaho’s Ada County.  Once the solar facility starts operating, the project will be the largest solar facility in Idaho Power’s service territory. The power generated will be injected into the same […]

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Tata Power-DDL Partners with USA’s Utiltyx for Cyber Security & Power Supply

Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility providing electricity to over 7 million users in Delhi, has announced a strategic partnership with Utiltyx- the Indian arm of a USA-based cyber security and data analytics software company. The partnership aims to enhance the firm’s preparedness against future threats and challenges related to cyber […]

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Zetwerk-owned Unimacts In Supply Deal With Nextracker With New US Plant

US based Unimacts, which was recently acquired by Indian Infrastructure supplies unicorn Zetwerk, has entered a deal with Nextracker, a leading solar tracker and software solutions firm. A leading provider of industrial manufacturing and supply chain solutions, the new plant was opened at a Nextracker-dedicated manufacturing facility in Las Vegas. As SaurEnergy reported last week, […]

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Juniper Green Energy Sees USD 350 Mn Investment from AT Capital Group & Vitol

An independent renewable energy power producer and operator of solar, wind and hybrid power projects, Juniper Green Energy, has shared that AT Capital Group and Vitol have invested USD 350 million in the firm. The announcement of the increase in investment to US$ 350 million follows the former commitment of US$ 200 million from AT […]

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