Uma Gupta
Gautam Solar supplies 60 MW PV panels for PM KUSUM Scheme
Under PM KUSUM Scheme, farmers can set up solar plants on their barren or uncultivable agriculture land and benefit from selling the electricity generated to the local Discom.
Alpex Solar stock lists at 186% premium to IPO price
Alpex Solar stock listed at INR 329 on NSE Emerge, a 186% premium over the fixed price band of INR 115. The IPO comprised fresh issue of 64.8 lakh equity shares with a face value of INR 10 per share.
Prime Minister Narendra Modi launches residential rooftop solar scheme for free electricity
The PM Surya Ghar Muft Bijli Yojana offers a subsidy of INR 30,000 ($361) per kW up to 2 kW for residential rooftop solar systems, and INR 18,000 per kW for additional capacity up to 3 kW. The total subsidy for systems larger than 3 kW is capped at INR 78,000.
The Hydrogen Stream: ACME, Avaada begin work on green hydrogen and ammonia projects in the Indian state of Odisha
Chief Minister of Odisha, Naveen Patnaik, laid the foundation stone for Acme Cleantech’s 1.1 mmtpa green ammonia plant and Avaada Green’s 0.5 mtpa green hydrogen/ammonia facility at Gopalpur Industrial Park.
Cleantech Solar commissions 24 MWp off-site PV projects in Maharashtra
The solar projects will supply power to customers across automotive, pharmaceutical, cement, industrial equipment, and chemical sectors.
Nxtra to procure 140 GWh of renewable energy for its data centres
AmpIn Energy and Amplus Energy will set up solar and wind power plants of 48 MW DC and 24.3 MW, respectively, for consumption by Nxtra’s data centres in Tamil Nadu, Uttar Pradesh, and Odisha.
Tata Power Renewable Energy signs PDA with Tata Communications for 18.75 MW AC solar plant
Tata Power Renewable Energy will develop an 18.75 MW AC solar plant for consumption by Tata Communications.
Adani Green begins generation from the world’s largest renewable energy park
Adani Green Energy Ltd has operationalized the first 551 MW solar capacity of the planned 30 GW renewable energy park at Khavda, Gujarat, by supplying power to the national grid.
Siemens revenue up 22% in Q1 FY 2024
Siemens Ltd has reported strong double-digit profitable revenue growth across businesses for the first quarter of financial year 2024 ended Dec. 31, 2023.
Canada’s SPARQ Systems enters PV microinverters partnership with Jio
Canada-based microinverter company SPARQ Systems has entered into a partnership agreement with JioThings, a fully owned subsidiary of Jio Platforms Ltd. of Reliance Industries, to supply the Indian conglomerate with PV microinverters.
