Indian Oil Corp. and Sun Mobility will form a 50:50 joint venture to undertake and operate battery-as-a-service solution for small-format electric vehicles in India.
Lubi Group has commissioned a 4 MW solar power plant for consumption by its foundry operations. The plant is situated in Shinavada, Modasa, Gujarat.
Continued investments in research and development, particularly in areas like advanced battery storage technologies and next-generation solar cell materials, coupled with supportive policies and global collaboration can unlock the full potential of solar energy and pave the way towards a brighter, more sustainable future.
H.G. Infra Engineering Ltd has won 543 MW DC solar EPC projects under PM KUSUM scheme. The company is exploring additional opportunities in solar power development, including rooftop installations, and doesn’t rule out venturing into PV module manufacturing.
NHPC is accepting bids from developers to set up 2.4 GW of solar power projects on a build-own-operate basis anywhere in India. Bidding closes on June 29.
Aegeus Technologies, a robotic solar panel cleaning startup, has raised an undisclosed amount from Caspian Debt. It will use the funds for working capital.
Airox Nigen Equipments has commissioned its indigenously built alkaline electrolyzer and fuel cell for SJVN’s multi-purpose green hydrogen pilot project in Jhakri, Himachal Pradesh.
Saatvik Solar has appointed Bhasu Energy System for promotion and distribution of its solar PV modules in Andhra Pradesh and Telangana.
SJVN expects to commission 2,498 MW of wind and solar power generation capacity in fiscal 2025 and another 4,330 MW in FY 2026.
The upgrade factors in Adani Green Energy Ltd’s continued strong operational asset performance, strong execution scale-up with annual capacity additions likely to be 4 GW-5 GW annually over the medium term, and healthy counterparty diversification and reduction in receivables, leading to an increase in the cash flow from operations.
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