Vikram Solar IPO subscribed 1.52 times on first day
Vikram Solar Ltd’s Initial Public Offering (IPO) received a strong response on Day 1, with the non-institutional investors’ portion subscribed 3.84 times and the retail portion 1.37 times.
Servotech secures 7.3 MW on-grid solar rooftop order from North Western Railway Jaipur Division
Servotech Renewable Power System Ltd has secured an INR 28.84 crore contract from the North Western Railway, Jaipur Division, to install and commission 7.3 MW of on-grid rooftop solar capacity. Under the project, Servotech will handle the complete execution of rooftop solar PV systems of varying sizes across multiple sites.
Waaree issues clarification on Enel Green Power India acquisition deal
Waaree Energies Ltd has issued a clarification regarding recent media reports suggesting that its deal for acquisition of Enel Green Power India is on the verge of collapse. In a regulatory statement, the company stated that certain commercial terms of the agreement are under review and the company is in discussions for the same.
Torrent Group’s 72 tpa green hydrogen plant in Gorakhpur inaugurated by Uttar Pradesh chief minister Yogi Adityanath
Torrent Gas will blend green hydrogen up to 2% with natural gas in its city gas distribution (CGD) network and supply the blend to domestic households, CNG stations, and industries in the region.
Reliance Infrastructure secures LoA for 390 MW solar-plus-battery storage project
Reliance Infrastructure Ltd has received the Letter of Award (LoA) from state-owned power producer NHPC for a 390 MW solar power project integrated with battery energy storage.
First attempt to build lead-free perovskite-CIGS tandem solar cells
Indian researchers simulated a novel pairing of a CsGeI3 lead-free halide perovskite top cell with a copper-indium-gallium-selenide bottom cell. The resulting tandem device has the potential to achieve a power conversion efficiency of 26.06%
The Hydrogen Stream: Acme Cleantech secures 50,000 tpa in SECI’s seventh green ammonia auction
The Solar Energy Corp. of India (SECI) has successfully concluded its seventh green ammonia auction under Mode-2A of the SIGHT Scheme, allocating a capacity of 50,000 metric tonnes per annum (tpa) at a discovered price of INR 51.89/kg.
SAEL secures PPAs for 880 MW solar projects in Gujarat and Punjab
SAEL Industries Ltd has entered into 25-year power purchase agreements for 480 MW in Gujarat and 400 MW in Punjab. The projects are scheduled to commence operations within 24 months of PPA signing.
Nikhil Kamath invests INR 137.5 crore in Goldi Solar
Entrepreneur and investor Nikhil Kamath has invested INR 137.5 crore in Goldi Solar, a Gujarat-based solar PV module manufacturing company. The investment will enable Goldi Solar to expand its production.
Gentari partners with UltraTech to commission on-site round-the-clock renewable energy project
The hybrid renewable energy project delivers 7.5 MW of round-the-clock clean power to UltraTech’s cement manufacturing unit through co-located solar, wind, and battery storage components.
