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Prime Minister Narendra Modi inaugurates Avaada Group’s 280 MW solar power plant in Gujarat, lays foundation stone for 100 MW project

Prime Minister Narendra Modi recently inaugurated Avaada Group’s 280 MW solar power plant in Surendranagar district, Gujarat. The project features Avaada Electro’s ALMM-certified, Make-in-India TOPCon n-type bifacial solar PV modules. On the same occasion, the Prime Minister also laid the foundation stone for Avaada’s upcoming 100 MW solar project in Vadodara district.

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The Hydrogen Stream: “Hydrogen to play transformative role in India’s space missions, transportation, and clean energy future,” says ISRO Chairman

Hydrogen is set to play a transformative role in India’s space missions, transportation, and clean energy future, said Dr. V. Narayanan, Chairman, Indian Space Research Organisation (ISRO), at a National Workshop on “Hydrogen Fuel Technologies and Future Trends” held at Alliance University, Bengaluru, in association with Indian Institute of Science.

Waaree Renewable Technologies invests in Cooling-as-a-Service company Smart Joules

Waaree Renewable Technologies Ltd, the solar EPC arm of Waaree Energies, today announced a strategic investment in Smart Joules, India’s largest Cooling-as-a-Service (CaaS) and energy efficiency company.

Adani Group gets clean chit from SEBI in Hindenburg Case

Market regulator, the Securities and Exchange Board of India (SEBI), has dismissed US-based short seller Hindenburg Research’s allegations of stock manipulation against the Adani Group companies and the Group’s Chairman, Gautam Adani.

RP Sanjiv Goenka Group to set up 3 GW solar cell manufacturing facility in Uttar Pradesh

The RP Sanjiv Goenka Group is set to establish a 3 GW solar cell manufacturing facility, along with a 60 MW captive solar and energy storage system, with a proposed investment of INR 3,000 crore.

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Serentica Renewables secures 100 MW RTC PPA with SECI

Serentica Renewables has signed a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for 100 MW of round-the-clock (RTC) renewable power. To ensure the RTC power supply, it will deploy a mix of wind and solar power capacities, backed with battery energy storage systems.

CERC to finalise virtual PPA guidelines soon

The Central Electricity Regulatory Commission (CERC) is set to release final guidelines for virtual power purchase agreements (VPPAs), potentially unlocking financing opportunities for over 40 GW of uncontracted renewable energy projects across the country.

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Emmvee Photovoltaic Power gets SEBI approval for IPO

Emmvee Photovoltaic Power plans to use the net proceeds for repayment or prepayment of loans and interest taken by the company and its key subsidiary. A portion of the funds will be used for general corporate purposes

Uttar Pradesh launches 1.5 GWh battery storage tender

Uttar Pradesh Power Corp. Ltd. (UPPCL) has launched a tender for the selection of developers to supply energy from 1,500 MWh (375 MW x 4 hours) of standalone battery energy storage systems (BESS) in the state of Uttar Pradesh, on an on-demand basis.

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Saatvik Green Energy’s INR 900-crore IPO to open this week

Saatvik Green Energy Ltd has announced the launch of its initial public offering (IPO), aiming to raise INR 900 crore. The offer comprises a fresh issue of equity shares aggregating up to INR 700 crore and an offer for sale (OFS) aggregating up to INR 200 crore by the promoters.

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