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Godrej & Boyce secures orders worth over INR 1,000 crore in FY 2024

Godrej Electricals & Electronics secured orders worth over INR 1,000 crore in FY 2024 for its power infrastructure business. Majority of these orders pertained to renewable energy evacuation.

Renuka Sharma promoted to APAC director at BayWa r.e.

Renuka Sharma, who previously served as the managing director of BayWa r.e. Thailand, is now BayWa r.e.’s energy solutions business director for the Asia-Pacific (APAC) region.

Another bidding extension for 300 MW solar EPC in Andhra Pradesh

EPC contractors can now submit bids until May 8 to set up 300 MW of solar capacity in the Ramagiri district.

Indian startup develops sand-based gravity energy storage system

Baud Resources, a cleantech start-up, has developed a gravity energy storage mechanism that uses locally available materials like sand and industrial waste as its payload. The company is expected to announce its inaugural commercial plant by the end of this year, with completion expected in 2025. The plant will have a 100 MWh capacity and offer a levelized cost of storage of around INR 2.5/kWh.

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Grew Energy secures 200 MW in SECI’s 400 MW solar PV module auction

Grew is amongst three MNRE approved manufacturers to win the mandate to manufacture, test, package, forward, supply and transport solar PV modules.

ISA to accelerate solar initiatives in Uganda

The International Solar Alliance (ISA) and the government of Uganda recently discussed accelerating the solar mini-grid project to address Uganda’s energy access challenge and advancing the solar water pumping project under the India, Brazil, and South Africa (IBSA) Fund. New areas of cooperation, such as establishing a Solar Technology and Application Resource Centre (STAR-C), were also explored.

India installed 7.1 GW of renewable energy capacity in March

India set new record for monthly renewable energy installation by adding 7.1 GW of renewable energy capacity in March 2024. This monthly RE addition comprised more than 6.2 GW from solar.

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India’s 10 GWh tender draws seven bids to set up giga-scale battery cell manufacturing facilities under PLI scheme

Bids were received for seven times the manufacturing capacity of 10 GWh to be awarded.

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Tata Power, Indian Bank partner for collateral-free loan to residential rooftop solar customers

The collaboration aims to facilitate financing solutions under the Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for rooftop solar PV installations up to 3 kW, as well as extend support for installations ranging from 3 to 10 kW under the regular scheme.

PNOC, WindStream partner to deploy hybrid wind-solar RE solutions in Philippines

The Philippine National Oil Co. (PNOC) has partnered with India’s WindStream Energy Technologies to deploy hybrid wind-solar RE solutions in remote, off-grid areas of the Philippines.

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