Uma Gupta
Waaree Renewable Technologies wins 412 MWp solar EPC project
Waaree Renewable Technologies has secured the letter of award for a 412 MWp (335 MW AC) solar power plant. It will execute the EPC work of the PV plant and provide operations and maintenance for a period of two years.
The Hydrogen Stream: Reliance Industries to convert existing 5,000 ICE trucks to run on green hydrogen by mid-2024
India’s Reliance Industries Ltd plans to convert around 5,000 existing internal combustion engine (ICE)-powered trucks into hydrogen ICE trucks by mid-2024. The company uses these trucks for its internal purposes.
Tata Power Solar facilitates INR 3,500 crore of customer financing to boost PV adoption in India
Tata Power Solar ties up with 20+ leading financial institutions, financing up to 85% of the addressable order book. It has facilitated solar financing for over 2,200 commercial and industrial customers till date.
Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany
Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China
Budget lays focus on residential rooftop solar, EV infrastructure
Finance minister Nirmala Sitharaman today tabled the interim budget for FY 2024-25 in the parliament. Budget highlights include announcements about the residential rooftop solarization scheme, viability gap funding for offshore wind, and government support for EV manufacturing and charging infrastructure.
Budget expectations for solar, energy storage, and EV sectors
Dedicated funds for residential rooftop solar under ‘Pradhan Mantri Suryodaya Yojana’ and increased incentives for solar manufacturing MSMEs are on the wishlist of the Indian solar sector. In battery storage, players expect the inclusion of battery recycling within the PLI Scheme and continued investments in developing battery storage solutions.
Gujarat tenders 1,125 MW of solar power projects
Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a tender to procure 1,125 MW of solar power from PV projects to be set up in GSECL’s RE Park at Khavda. Bids can be submitted until Feb. 15.
Hindustan Coca-Cola Beverages achieves carbon neutrality in its Karnataka plant
Hindustan Coca-Cola Beverages’ bottling plant in the Ramanagara district in Karnataka has been certified as carbon neutral. The facility has significantly reduced its carbon footprint by sourcing over 90% of its power from renewable energy.
BluPine Energy launches skill development centers for utility-scale solar, wind power projects
The skill development programs, launched in Gujarat, will impart extensive training on the installation and operation of utility-scale solar and wind power plants, fostering entrepreneurship and employability.
Cleantech Solar secures INR 6.25 billion green finance for advancing open access portfolio in India
Cleantech Solar has secured a long-term senior secured loan facility worth INR 6.25 billion (over $75.2 million) from Tata Capital Ltd to advance its open-access projects in India.
