Tata Power Renewable Energy and NHPC have signed a memorandum of understanding for implementation of rooftop solar projects across government buildings under the PM Surya Ghar Yojana.
UltraTech Cement Ltd has acquired 26% equity stake in a special purpose vehicle formed to set up a 30.85 MW hybrid project with battery storage in Gujarat and a 3.54 MW solar project in Rajasthan and Odisha.
Corporate funding in the solar sector reached $16.6 billion in the first half of this year, according to Mercom Capital Group. It says most funding came via debt financing, as venture capital and public market financing fell.
Waaree Renewable Technologies Ltd will provide comprehensive engineering, procurement, and construction (EPC) services for ISMT’s 22 MW AC (30 MWp DC) ground-mounted solar project in Maharashtra.
By integrating solar PV modules, commercial buildings can not only significantly reduce their environmental impact but also reap financial benefits and improve public image.
The solar projects, spread across two states, add over 680 MW to the company’s RE portfolio.
Waaree Renewable Technologies will execute engineering, procurement and construction (EPC) for the 30 MW DC solar power project.
Oriana Power will set up a 40 MW solar plant in Rajasthan for offtake by a cement manufacturing company.
Alpex Solar Ltd has appointed Gaurav Bector as the global head of its EPC (engineering, procurement and construction) business as the company looks to expand its global footprints.
Hindustan Zinc has initiated power purchase from Serentica’s 180 MW solar project in the Bikaner district of Rajasthan. The procurement is part of a power delivery agreement signed with Serentica for 450 MW of round-the-clock renewable power.
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