REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Amazon meets 100% renewable energy goal seven years early
All of the electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023
Solar module capacity on ALMM list exceeds 50 GW
The solar modules included in the Approved List of Models and Manufacturers (ALMM) comply with the BIS standards and meet the module efficiency criteria set by the Ministry of New and Renewable Energy for utility-scale, rooftop and solar pump, and solar lighting applications.
Juniper Green secures PPAs for 480 MW of hybrid wind-solar
Juniper Green has secured power purchase agreements with NTPC and Gujarat Urja Vikas Nigam Ltd for 290 MW and 190 MW of hybrid wind-solar projects, respectively.
Advait Infratech secures solar, green hydrogen projects worth INR 72.69 crore
Advait Infratech Ltd has received Letters of intent from KP Group of Companies to execute a 30 MW solar plant and a 1 MW green hydrogen project on EPC basis in Gujarat.
Rays Power Infra forms subsidiary for gigawatt-scale solar, battery storage manufacturing
Rays Power Infra has set up a wholly-owned subsidiary for production of solar modules, solar cells, and battery energy storage systems (BESS) at gigawatt scale.
Godrej & Boyce sets up 12.5 MWp rooftop solar plant for a textile customer
The project is purportedly one of the three largest rooftop solar installations in India and the largest in Madhya Pradesh.
India’s installed battery storage capacity reached 219.1 MWh as of March end: Mercom
The recently released Mercom report expects India to add 1.6 GWh of standalone battery energy storage systems and 9.7 GW of renewable projects plus energy storage by 2027.
India leading the solar wave to become world’s second-largest module manufacturer
Continued government support, coupled with strategic investments in technology and infrastructure, will be crucial in realizing India’s renewable energy goals and cementing its position as a global leader in solar module manufacturing.
Gautam Solar files design patent for PV panel packaging
Gautam Solar team has developed a packaging pallet for solar panels that prevents panel breakage and formation of micro-cracks during transportation.
