Gensol Engineering revenue soars 144% in fiscal 2022-23
The Ahmedabad-based solar EPC and advisory services provider has recorded a revenue of INR 391.61 crore for the fiscal year ended March 31, 2023, defying the headwinds posed by volatile commodity prices.
Roofsol installs 4 MWp rooftop solar at shoe factory
Mumbai-based Roofsol Energy has commissioned a 4 MWp rooftop solar project for Uttar Pradesh-based shoe manufacturer Mirza International.
Amplus led ‘Opex’ mode rooftop solar installations in 2022
Amplus accounted for around 26% of the overall Opex mode rooftop/on-site solar installations in India during CY 2022, according to a report by JMK Research and Analytics.
KP Group and UAE’s Tristar partner on renewable energy projects
KP Group, a Gujarat-based renewable energy developer, has signed an agreement with UAE’s Tristar to jointly identify and execute wind, solar, green hydrogen, and green ammonia projects in multiple regions globally.
Vedanta arm to source 105 MW hybrid renewable power for its aluminum operations
Vedanta arm Bharat Aluminium Co. Ltd (BALCO) and Serentica Renewables India have signed a power delivery agreement for 105 MW of hybrid renewable power.
Bangladesh needs up to $1.71 billion annually till 2041 for 40% renewable energy capacity
A new report says the time is ripe for Bangladesh to increase renewable energy-based generation capacity to reduce costly fossil-fuel imports and drive down subsidy burdens on the power sector. It finds the nation would need to consistently invest $1.53 billion to $1.71 billion annually until 2041 to build a 40% renewable energy capacity of the electricity demand of 61,866 MW in 2041.
Vibrant Energy secures INR 2,200 crore for 300 MW wind-solar hybrid projects
Vibrant Energy has secured over INR 2,200 crore ($268.55 million) from Power Finance Corp. (PFC) to build 300 MW (AC) of wind-solar projects in Madhya Pradesh and Karnataka.
Waaree Renewable Technologies secures 221.8 MW DC solar EPC contract
Waaree Renewable Technologies has secured a 221.8 MW DC solar project from a steel manufacturing company. It will execute the project on a turnkey basis.
IndiGrid commissions its first battery storage project coupled with solar panels
IndiGrid has installed and commissioned a pilot project of solar panel bank coupled with battery energy storage systems (BESS) at its Dhule Substation in Maharashtra.
Tata Power Renewable to set up 40 MWp captive solar plant for INOX Air Products
The solar plant in Dhule would supply power to air separation units operated by INOX Air Products in Maharashtra.
