Uma Gupta
Waaree Energies raises $121 million in ValueQuest-led equity funding round
Waaree Energies said it will use the latest equity investment to build a 6 GW solar wafer-to-module manufacturing capacity.
Airtouch Solar signs $8.5 million cleaning robot contract with ReNew
Airtouch Solar will supply and install its dry-cleaning robots for PV panels in ReNew projects. It will also provide operation and maintenance support for 25 years.
C4V, Trot Solutions tie up to develop green ports in India
C4V, a New York-headquartered lithium-ion cell technology company, has tied up with UAE-based Trot Solutions to develop green ports in India. The alliance has started to discuss with the port operators for its first green port project at Jawaharlal Nehru Port Terminal in India.
40 MW solar plant to power Ayodhya
The Uttar Pradesh government will lease out 165 acres of land to NTPC Renewable Energy Ltd to develop the solar project. The power generated will be purchased by Uttar Pradesh Power Corp. Ltd at a fixed price.
Adani New Industries Q1 revenue up 209% YoY
Adani New Industries Ltd recorded a revenue of INR 1,898 crore ($229 million) in the first quarter of FY 2023-24, 209% up year-on-year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 7.5 times to INR 355 crore as export volumes surged 19 times.
Sterling and Wilson wins renewable EPC orders worth INR 826 crore
Sterling and Wilson Renewable Energy has won around 1 GW of EPC projects in the first four months of FY 2023-24. The projects are located in the Indian states of Rajasthan, Uttar Pradesh and Gujarat.
ISA, Airports Council to collaborate on scaling solar across airports globally
The International Solar Alliance (ISA) and Airports Council International (ACI) have agreed to strengthening cooperation to scale up solarization of airports across ISA member countries.
Financing implementation of solar energy solutions in the Pacific Island countries
The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.
SJVN tenders 1.5 GW wind-solar hybrid projects
SJVN Ltd has invited bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
HPCL to empanel PV panel manufacturers for its solar projects
Hindustan Petroleum Corp. Ltd (HPCL) is enlisting solar panel suppliers and manufacturers for its future PV projects across India.
