Search



Metafin Secures $5 Million Funding to Drive Solar Adoption in Rural India
Metafin specializes in rooftop solar loans for semi-urban and rural MSMEs in India, aiming to provide affordable power to over 5 million rural businesses. The
Feb 8, 2024 // Markets & Finance News, India, Asia, Metafin
Tata Power to establish 250MW solar project in India
execution. In addition to obtaining an order to establish a 320MW PV plant in India that is anticipated to be total by May 2022, Tata Power Solar just recently
Sep 21, 2021 // Plants, India, Asia, maharashtra, tata power, TP Saurya
United States capitalists acquires 317 MW of solar in India
STATE personal equity capitalist KKR has actually followed up its India financial investment in Sterlite Power's grid trust fund with a bargain to get 5
Apr 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, India, Asia, North America, KKR
Blockchain backed solar trading comes to India
Indian state of Uttar Pradesh is piloting a blockchain-based solar energy peer-to-peer trading platform. The system would allow neighbors in
Dec 2, 2019 // Plants, Large-Scale, Residential, Grids, Rooftop PV, India, Asia, UPNEDA, UPPCL, Reena Suri
Renon India Launches Swappable Smart Battery Pack for Electric Two-Wheelers
Groot is extremely trustworthy, risk-free, and also built to stand up to Indian driving conditions, according to Renon India. The MD and Chief
Sep 22, 2022 // Storage, India, Asia, Renon India
Israel's Airtouch Solar In Agreement with ACME Group For Bigger India Push
Solar has grown its operations in India by authorizing a multi-year transaction of close to 4 million USD with India-based ACME Group. The agreement
Mar 23, 2023 // Markets & Finance News, ACME Group, robotic solar panel cleaning, Airtouch & ACME agreement, Airtouch Solar, PV solar fields
Actis scoops up Acme's 600MW solar pipe in India
Indian media lately reported that Actis has actually acquired a 600MW solar profile from Acme Cleantech Solutions, among leading designers in the nation. The India Times priced quote an offer worth of around 3,000 Indian crore (around US$ 410 million) as well as asserted Actis had outbid Canadian possession supervisor Brookfield, supposedly additionally after the profile. Called by PV Tech, a resource near to the deal decreased to clarify bargain appraisal or private project ability however validated Actis's purchase has actually occurred. For Actis-- a London-based personal equity company with US$ 12 billion in properties under monitoring-- the requisition brings a significant PV ability increase in India, a market it has actually currently been targetting using a different arm. Called Sprng Energy, the Pune-headquartered arm is stated to handle a 1.7 GW sustainable power profile throughout India, 750MW of which are solar projects. New venture for Indian solar tender lover The acquisition of Acme's possessions adheres to a variety of relocations by Sprng over the past year, consisting of the system's procurement of a 194MW profile from conglomerate Shapoorji Pallonji. In 2018 alone, Actis's Indian arm put quotes of 300MW at a NTPC public auction as well as racked up tolls of US$ 0.0391/ kWh as it gained 250MW of assistance at an Andhra Pradesh tender. When it comes to Acme, the vendor of the 600MW profile has actually expanded considering that structure to accumulate a 5.5GWp-plus solar profile India-wide, 2.9GW-plus of it currently functional. States essential to Acme today consist of Rajasthan-- where it flaunts a PV capability of 3.3 GWp-- Telangana (637MWp), Karnataka (487MWp) and also Andhra Pradesh (396MWp). Experts think India's solar market will certainly get to a set up capability of 82GW by 2024, up from 39GW in 2019, in spite of plan rubbing in between main and also state federal governments. The nation-- informed by specialists it could miss its tidy power targets for 2022-- might give target date expansions to PV projects impacted by coronavirus-driven hold-ups with parts.
Mar 4, 2020 // Plants, Large-Scale, Commercial, India, Asia, Actis, sprng energy, acme
Hartek Power Wins Contract for 75-MW Solar Project in India
Indian EPC firm Hartek Power has been chosen by SJVN Green Energy to develop a 75 MW solar farm in eastern India. The INR 1.13bn ($13.6m) contract includes the development, implementation and maintenance of a grid-connected solar facility and a 132 kV power substation. The project will be located in the town of Jamui, in the state of Bihar. Hartek Power is a subsidiary of the Hartek Group, specialising in power systems and transmission and distribution. This contract follows SJVN's recent commissioning of a 75 MW solar plant in Uttar Pradesh. What is the role of Hartek Power in developing a 75 MW solar farm in India? Hartek Power, a subsidiary of the Hartek Group, has been selected by SJVN Green Energy to develop a 75 MW solar farm in eastern India. The contract, worth INR 1.13bn ($13.6m), includes the complete development, implementation, and maintenance of a grid-connected solar facility and a 132 kV power substation. The solar farm will be located in the town of Jamui, in the state of Bihar. Hartek Power specializes in power systems and transmission and distribution, making it well-equipped to handle the development of the solar farm. This project comes after SJVN's successful commissioning of a 75 MW solar plant in Uttar Pradesh, further solidifying their commitment to renewable energy in India. The development of the solar farm by Hartek Power will contribute to India's renewable energy goals and help reduce carbon emissions. The project will also create job opportunities in the region, boosting the local economy. Hartek Power's expertise in power systems and transmission and distribution will ensure the efficient and reliable operation of the solar farm. The grid-connected solar facility will provide clean and sustainable energy to the local community, contributing to the overall energy security of the region. The 132 kV power substation will enable the efficient transmission of electricity generated by the solar farm to the grid, ensuring a smooth integration of renewable energy into the existing power infrastructure.
Feb 13, 2024 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, Hartek Power
Fourth Partner Energy Takes Over 8.9 MW Solar Portfolio from Statkraft India
Partner Energy has actually gotten 8.9 MW of solar portfolio from Statkraft India. India's distributed solar power company concentrating on building and
Jul 23, 2021 // Plants, Commercial, Markets & Finance News, Fourth Partner Energy, Aditya Gupta, Rahul Varshney, Statkraft India
India tops 2 GW of Q1 solar installs yet 2021 will certainly be tough
India Study's latest quarterly report reveals large-scale installments got to 1,749 MW, up by 43% from the fourth quarter of 2020, and roof solar ability
May 26, 2021 // Markets & Finance News, India, Asia
Hitachi ABB Power Grids India wins Rs 120-crore order
ABB Power Grids India has actually gotten a Rs120-crore transformer supply order from the Government of India's electric engine producer Chittaranjan
Jul 10, 2020 // Markets & Finance News, India, Asia, Hitachi ABB Power Grids India, N. Venu
Germany Pledges EUR10 billion assistance for India to accomplish 500GW RE by 2030
to which Germany has vowed EUR10 billion ($ 10.52 billion) support to India up until 2030 to assist the country satisfy its target of raising its
May 4, 2022 // Markets & Finance News, Germany, Europe, narendra modi, Olaf Scholz, India-Germany Inter-Governmental Consultations, Indo
India solar module prices up 38% given that mid-2020 as demand outstrips supply
that mid-2020. The consultancy said that around the world and also in India the cost of mono PERC modules between August 2020 and also November 2021 leapt
Apr 22, 2022 // Manufacturing News, Markets & Finance News, India, Asia, prices, covid-19, JMK Research, supply chain, module prices, BCD
Talesun Solar signs 250MW solar module supply deal in India
solar power company Talesun Solar has authorized a contract with Indian firm Clean Solar energy (Bhainsada) Private to provide 250MW worth of solar
Jan 31, 2022 // Markets & Finance News, India, Asia, solar module, Talesun Solar
Gensol Wins Contracts for 300 MW Solar Parks in India
to construct two solar parks totaling 300 MW in Rajasthan and Maharashtra, India. The contracts are valued at INR 3.37 billion and include design, engineering,
Feb 29, 2024 // Plants, India, Asia, PV Power Plant, Gensol