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Sterling, Wilson Renewable Energy successfully raises Rs 1500 cr in QIP for Solar Expansion
The majority of the funds raised through the QIP will be utilised to reduce debt, providing additional capital to tap into the rapidly expanding solar Engineering, Procurement, and Construction (EPC) markets in India and internationally.Read more
Zetwerk partners with NTPC for 375 MW solar project in Bhuj
Abhay Adya, the Business Head at Zetwerk, highlighted the company's commitment to leaner, cleaner, and greener manufacturing through its global supply chain.Read more
Honeywell to provide BESS to VIElectron for 6 solar parks across US Virgin Islands
The solution will enable VIElectron to install solar panels across St Thomas, St Croix and St John, all while smoothing out the energy peaks and valleys that can result from solar power.Read more
ONGC plans Rs 350 bn investment for 5 GW RE Capacity by 2030
ONGC is actively exploring various avenues, including pumped storage with a two GW capacity, five GW of solar and onshore wind capacity, and offshore wind with a one GW capacity, all to be realized by 2035.Read more
India's green hydrogen initiative garners interest, major players sit out initial subsidy auction
Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.Read more
Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia
Waaree signs three-year deal with Acciona to supply an additional 1.5 GW solar modules for US installations through 2026Read more
ENGIE commences construction of 400?MW Solar PV Project in Gujarat
ENGIE secured its position as a favoured bidder with a 25-year Power Purchase Agreement (PPA) signed with Gujarat Urja Vikas Nigam.Read more
PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
Sterling and Wilson Renewable surges 5% on $2.2 bn Nigerian order win
The joint venture, Sun Africa LLC, will be responsible for developing 961 MWp of Solar PV generation infrastructure and 455 MWh of battery energy for Nigeria.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more