ACME Sun Power secures INR 3,753 crore loan from REC
ACME Solar’s arm ACME Sun Power has secured INR 3,753 crore loan for the development and construction of firm and dispatchable renewable energy (FDRE) projects totaling 320 MW in Rajasthan and Gujarat.
Rishabh’s string inverter business records 300% YoY growth in H1 revenue
Indian manufacturer Rishabh Instruments designs, develops and manufactures solar string inverters with technology acquired from GEFRAN S.pA., Italy.
Oriana Power H1 revenue up 461%, PAT up 748%
Oriana Power has reported revenues of INR 359.54 crore and net profit of INR 48.57 crore during the half-year ended September 30, 2024.
Australia hits 4 million rooftop PV installations, reaching 25 GW of capacity
Australia has recorded its 4 millionth rooftop solar installation, maintaining its status as a world leader with 25 GW of total capacity, surpassing the amount of nationwide coal generation.
CleanMax to develop 33 MW of solar, wind projects under PPA with Equinix in India
Digital infrastructure company Equinix has partnered with CleanMax to develop 33 MW of renewable power projects (26.4 MWp solar capacity and 6.6 MW wind) for consumption by its data centers in India.
Adani Group to invest $10 billion in US energy, infrastructure projects
Adani Group chairman Gautam Adani said this week the Group will invest $10 billion in US energy security and infrastructure projects, creating up to 15,000 jobs in America.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
Engie solar farm in Malaysia secures PPA with STMicroelectronics
Engie’s 30 MW solar farm will supply power to STMicroelectronics’ large-volume test & assembly site in Malaysia.
Tata Power Renewable Energy commissions 126 MW floating solar project in Madhya Pradesh
The 126 MW floating solar installation in Omkareshwar features 213,460 bifacial glass-to-glass modules.
NTPC Green sets the price band for its INR 10,000 crore public issue
NTPC Green Energy intends to utilize the net proceeds from the fresh issuance to the extent of INR 7,500 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by its wholly owned subsidiary, NTPC Renewable Energy Ltd (NREL). The balance will go towards general corporate purposes.
