The Mumbai-headquartered lithium battery manufacturer plans working capital finance of INR 35 crore and equity investment of INR 15 crore to increase production capacity and fulfil orders from large OEMs.
Servotech Power Systems will deploy a 5 kW solar carport paired with lithium battery storage and two 11 kW DC fast EV chargers at the Ministry of New and Renewable Energy’s (MNRE) premises in Delhi.
The state-owned power producer announced this week it has commissioned the entire 240 MW (150 MW and 90 MW) PV capacity at Devikot solar farm in Rajasthan.
The tender for 250 MW of flexible and schedulable power from renewable sources with energy storage drew the lowest bid of INR 9 ($0.11)/kW.
Haryana-based Saatvik Solar has appointed Etrica Power as the distributor of its solar panels in the Rajasthan region.
National Investment and Infrastructure Fund Ltd (NIIFL) will support Tamil Nadu Infrastructure Development Board in identifying potential private-sector investment opportunities in various sectors including renewable energy.
Gujarat-based KPI Green Energy is developing solar power projects aggregating to 24.90 MWp for captive consumption by the commercial and industrial sector.
The state-owned power producer has commissioned 162.27 MW of the 230 MW Ettayapuram solar PV project in the Thoothukudi district.
The developer has won NTPC Renewable Energy Ltd’s tender for 3 GWh of energy storage capacity. Its pumped storage bid was the lowest in the technology-agnostic tender that saw participation from multiple technologies.
The Melbourne-based electrolyzer specialist has signed a technology development and licensing agreement with Adani New Industries Ltd.
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