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Tata Power Solar partners Bank of India for low-cost finance to rooftop solar and EV charging station customers

Tata Power Solar Systems has partnered with Bank of India to provide affordable and easy financing solutions for its customers looking to invest in rooftop solar or electric vehicle (EV) charging infrastructure.

SECI allocates 630 MW renewables-plus-storage at average price of $0.059 /kWh

The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.

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Sterling and Wilson Renewable wins 1 GWh battery storage, 20 MW floating solar projects

Sterling and Wilson Renewable Energy Ltd has secured the EPC contracts for a 1 GWh standalone battery energy storage project in Rajasthan and a 20 MW floating solar plant in Karnataka.

SJVN secures 2.4 GW pumped storage project in Mizoram

SJVN has received a Letter of Intent for developing a 2.4 GW pumped storage project in Mizoram. The pumped storage project has been proposed across Darzo Nallah, a tributary of Tuipui river.

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KPI Green secures Letters of Intent for 917 MW DC of solar, hybrid RE projects

KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urja Vikas Nigam Ltd’s recent tenders.

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SAEL issues $305 million in green bonds

The solar and waste-to-energy company intends to use the proceeds to refinance its existing debt and fund capex of future renewable projects.

Adani Green net profit for Q1 up 95% YoY

Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.

Fluence expands digital services center for energy storage assets

Fluence has set up a new remote monitoring and diagnostics center in India. The center leverages digitization, artificial intelligence, and Fluence’s Nispera asset performance management software to help deliver value to energy storage owners.

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Insolation Energy to add 3 GW solar panel, 1.4 GW cell capacity by March

Insolation Energy is expanding its solar panel production capacity to 4 GW per year from around 1 GW at present. It is also setting up manufacturing capacities of 12,000 MT of aluminum framing and 1.4 GW of PV cells. The new capacities will be commissioned within this fiscal 2024-25.

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Tata Power’s microgrid arm partners with National Dairy Development Board to solarize milk value chain

TP Renewable Microgrid Ltd and National Dairy Development Board will collaborate to enhance sustainability and operational efficiency within the milk value chain. This includes the solarization of dairy cooperative societies, bulk milk coolers, and milk chilling centers, facilitated by solar microgrid technology.

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