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Magenta Mobility enters Gujarat markets, strengthening its presence in India
Magenta Mobility manages a fleet of more than 1,200 electric vehicles serving clients in various sectors such as e-commerce, grocery delivery, FMCG, food, and pharmaceuticals for their last-mile deliveries.
REC arm hands over special-purpose vehicle ‘Beawar Transmission Limited’ to Sterlite Grid 27 Ltd
The selection of Sterlite Grid 27 Limited was carried out through Tariff Based Competitive Bidding (TBCB) carried out by RECPDCL.
Solar microinverters transform energy landscape with 15% CAGR growth
The global solar microinverter market, which achieved a market size of US$270.7 million in 2022, is anticipated to reach US$632.8 million by 2028.
IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023
With over 3,000+ Participants from 70+ Countries and 100+ speakers from 30+ countries the conference is set to become the world’s largest energy storage gatherings.
Solar cell market size to rise at 16.50% CAGR by 2032, says The Brainy Insights
The global solar cell market is expected to grow from USD 90 billion in 2022 to USD 414.5 billion by 2032, at a CAGR of 16.50% during the forecast period 2023-2032.
IREDA signs MoUs with Bank of Maharashtra for Financing Renewable Energy Projects
The MoU comprises several services including co-lending and co-origination support for all Renewable Energy projects, facilitating loan syndication and underwriting, management of Trust & Retention Account for IREDA borrowers, and a commitment to establishing stable fixed interest rates spanning a period of 3-4 years for IREDA borrowings.
ReNew Announces Clinton Global Initiative Commitment to Business-Driven Clean Energy and Education in India
ReNew is setting up India’s first Round-The-Clock (RTC) project, capable of providing uninterrupted power to the energy grid. Energy storage solutions will be incorporated into the project, boosting the annual energy generation 80 percent.
ADB, Fourth Partner Energy to Build Solar Power Plant in India, Supplying Commercial and Industrial Sector
The 25 MW solar power plant, located in Tirunelveli district in the state of Tamil Nadu in India, is expected to generate about 50.7 gigawatt-hours of electricity annually and will directly sell power to commercial and industrial users.
Waaree Group celebrates exceptional growth grants one-time bonuses to 100% of employees
This employee-centric initiative extends across all Waaree Group subsidiaries.
Tata Power Renewable Energy signs PDA with Xpro India for setting up 3.125 MW AC Group Captive Solar Plant
The solar plant will power Xpro India’s polymer processing business with solar energy. It is expected to generate 7.128 MUs of electricity and reduce 2281 tonnes of carbon footprints annually.
