Daily News Wrap up: Avaada Group Closes Financing For 9 of Its Diverse Renewable Energy Projects

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Avaada Group Closes Financing For 9 of Its Diverse RE Projects

Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an...

India To Add 25 GW Of Solar Capacity By FY25 End: Ind-Ra

India Ratings and Research (Ind-Ra), a research organization in its latest report maintains a stable rating outlook for energy infrastructure projects for FY26. Four major factors...

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RENEWABLE ENERGY NEWS

Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities

The Gujarat Chief Minister's Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat's leadership in the renewable energy sector. He intends to extend...Read more.

Green Stocks Jan 22: No Respite For Green Stocks

Other than the redoubtable Shakti Pumps, and a little upward move in Borosil Renewables, green stocks continued to seek support as selling pressure continued today. While market watchers attribute the weakness to the host of measures promised and some taken by the new Trump administration,...Read more.

Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms

Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed...Read more.

Solis launches First Hybrid Inverter In India

Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only...Read more.

China Adds 277 GW Of New Solar Capacities In CY24

Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China's solar energy capacity has touched 886.67 GW. China's solar capacity...Read more.

Sineng Electric Supplies ESS For North Africa’s First Utility-Scale Project

Sineng Electric, a global solar and energy storage solutions provider, joined forces with Trinasolar to supply its central PCS energy storage solution to the 300MWh Abydos Battery Energy Storage Project. The project is located in Kom Ombo, Aswan Governorate. It's the first utility-scale energy storage...Read more.

CleanMax Announces Financing For Onsite Solar Projects in UAE

Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector...Read more.

EV's & Storage News

Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant

Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster...Read more.

H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing

H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised?$16 million?in recent bridge funding, finalized in the second half of 2024. This brings the company's total accumulated funding to?$77 million. The round was led by STIC Investments, one of...Read more.