Daily News Wrap up: Waaree Energies Announces Price Band For Its IPO

RENEWABLE ENERGY NEWS

Waaree Energies Announces Price Band For Its IPO

Indian solar module manufacturer Waaree Energies has announced the price band for its upcoming Initial Public Offering (IPO) during a press conference in Mumbai. The price range has been set between Rs 1,427 and Rs 1,503 per equity share. The company will offer a minimum...Read more .

JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy....Read more .

Green Stocks Oct 16: Sterling & Wilson Stock Continues To Grow

Days after delivering positive results in Q2, solar EPC company Sterling & Wilson stocks continued to grow in the stock market. The company today also reported a 5 percent increase in its stock price, the highest among the green stocks today. Besides Sterling & Wilson,...Read more .

PM KUSUM: Tembo Global Secures Rs. 595 Cr Solar Project From MSEDCL

Mumbai-based TEMBO, recently secured an order from Maharashtra State Electricity Distribution Co. Ltd, (MSEDCL) for solar photovoltaic power generating stations of 124 MW(AC). The company secured this project under Mukhyamantri Saur Krushi Vahini Yojana 2.0 for Rs. 595 crores. The scheme was launched for implementation of...Read more .

Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects

Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an...Read more .

Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T

Rayzon Solar announced that the company has won? a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states....Read more .

Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA

A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed...Read more .

BLUETTI Introduces Handsfree Solar Backpack Power Stations

Clean energy solutions company BLUETTI has announced releasing its Handsfree Series, a combination of portable power stations and multi-functional backpacks for hands-free charging on the move. Designed for hikers, photographers, campers, and adventurers, the new backpack power stations keep their devices charged without slowing them...Read more .

Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.? Capri Solar Finance offers financing solution with...Read more .

Ranthambore’s Agrivoltaics Plant Generated 6L Units In 1 Yr

Nahargarh Ranthambore, a palace-turned-hotel near Ranthambore which roped in agrivoltaics solar plant to offset its energy needs produced 6 lakh units of clean power in the last one year, the management of the hotel said. Situated amidst the lush forest of Ranthambore Tiger Reserve, the...Read more .

ITC Commissions Second Offsite Solar Plant in Karnataka

ITC Limited has recently commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka....Read more .

EV's & Storage News

Servotech Signs Pact With Ensmart To Boost EV Charging Biz In UK

Indian Electric Vehicle (EV) charger maker Servotech Power Systems and UK-based Ensmart Power, working in critical power, solar, and energy storage systems, has signed a sole distribution agreement to expand their EV charger distribution network across the UK and beyond, including North America. This agreement...Read more .

BatX Partners With LW3 TO Track History, Usage Of Used Li-Ion Batteries

Lithium-ion battery recycling company BatX Energies today announced partnership with LW3 Pvt. Ltd to bolster its trade of battery recycling. LW3 Pvt. Ltd is a company specializing in Digital Product Passport (DPP) solutions using blockchain and IoT technologies. The collaboration seeks to boost battery lifecycle...Read more .

UK Gets New Battery Energy Storage System To Augment Grid

Trina Storage, a global firm working in energy storage solutions, announced the successful grid connection and commissioning of the Maldon 40MWh Battery Energy Storage System (BESS) in collaboration with the energy storage specialist Eku Energy. Located in Essex, England, this project marks Eku Energy's first...Read more .