Daily News Wrap up: The Top 5: India’s 10 GW Club For RE Developers Is Set To Expand Significantly By 2025

RENEWABLE ENERGY NEWS

The Top 5: India’s 10 GW Club For RE Developers Is Set To Expand Significantly By 2025

India has made remarkable strides in the renewable energy sector over the past few years, largely due to the emergence of major renewable energy developers within its borders. Just a few years ago, there were no significant renewable energy project developers in the country. In...Read more .

SECI Plans To Add 500 MW Solar Thermal Capacity By FY25, Says Chairman

In a recent event organized by the India Energy Storage Alliance (IESA) in Delhi various dignitaries aimed to showcase Indian innovations to the international battery and energy storage community. The event also offered to facilitate partnerships for global companies entering India’s burgeoning battery market....Read more .

Green Stocks July 4th: Inox Wind Energy Stock Price Sees A Surge

In the stock market today, Inox Wind Energy stock reached a fresh high achieving 5% growth. This is followed by SJVN and Shakti Pump whose stocks attained a 2.79% and 2.07% increase respectively. Other stocks registered marginal growth. For instance, TATA Power, Suzlon Energy, and...Read more .

NDMC Set To Procure 200MW Solar Energy From SECI

The New Delhi Municipal Council (NDMC), has decided to procure 200MW of solar power to transition to renewable energy sources in the region. The project will be executed in collaboration with the Solar Energy Corporation of India (SECI). The discom serving NDMC areas in New...Read more .

Waaree Energies Appoints Sanjeev Pushkarna As CPO

Waaree Energies Limited, India's largest solar PV modules manufacturer with an aggregate installed capacity of 12 GW has? appointed Sanjeev Pushkarna as the Chief Procurement Officer (CPO) for the company. With experience in procurement and a track record spanning multiple years in the energy sector,...Read more .

MSME Sector Can Save Rs 37cr By Adopting RE & Energy Efficiency: CSTEP

A recent study by Bangalore-based energy think tank Center for Study of Science, Technology and Policy (CSTEP) said that the Micro Small and Medium Enterprises (MSME) can save upto Rs 37 crore by adopting renewable energy, energy efficiency and other advanced technologies. The Center for...Read more .

With Infusion Of Rs 900cr, Inox Wind To Achieve Net Debt Free Status

Indian wind energy company Inox Wind Limited (IWL) today announced the completion of infusion of around Rs 900 crores into the company by its promoter Inox Wind Energy Limited (IWEL). The funds were raised by IWEL on May 28, 2024, through the sale of equity...Read more .

Oriana Power Secures Order For 25MWp Agro PV Project In Delhi

Oriana Power Ltd., a renewable energy solutions provider, bagged an order to set up a 25MWp Group Net Metering Solar Power Plant (Agro Photovoltaic) for a real estate company. This project is developed with underground cabling up to 10km including RoW for a 25 MWp...Read more .

Schneider Electric Gets $3.75M For Electric Stove Outreach

Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by?Schneider Electric, an energy management and automation company, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asian and African markets for its market-leading IoT electric stoves. Other...Read more .

Solis Inverters Make Strides In Offshore Deployments

Ginlong (Solis) Technologies, the world's third-largest PV inverter manufacturer, proudly announced at the SNEC exhibition earlier this month that its 30kW inverter supported an offshore photovoltaic empirical project. This development follows the establishment of the Offshore Photovoltaic Verification Base, a joint venture between the National...Read more .

Trinasolar, Madrid Varsity Partner To Research On Solar Technologies

Smart photovoltaic and energy storage solutions company Trinasolar has announced the signing of a long-term collaboration agreement with the Solar Energy Institute of the Polytechnic University of Madrid (IES-UPM). The signing ceremony took place on the IES-UPM campus and was attended by Helena Li, Executive...Read more .

EV'S & STORAGE NEWS

Hero To Expand Its EV Portfolio With New Products This Fiscal

Automobile maker Hero MotoCorp said that it sold 503,448 units of motorcycles and scooters in June 2024. This translates into a growth of 15% over the corresponding month (June 2023). The company has now planned to expand its electric vehicle portfolio with more offering and...Read more .