Solar Energy National News

ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India

Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […]

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Green Stocks May 6: Return To Bases

As the Nifty and Sensex indices corrected 0.3%, to no one’s surprise, small and mid-cap stock indices slipped 1.5%, bringing another day of almost all stocks lost, notable among losses suffered is Adani Green Energy, which predictably perhaps, gave up almost all the gains it had made yesterday after the group denied they had been […]

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Pom Power Pines Hopes On Hybrid Inverters To Spur Growth

Energy solutions company POM Power has now planned to spur its growth in the solar inverter market with its latest series of hybrid solar inverters. The top management of the firm is now overwhelmed with the launch of their latest hybrid inverters. At the latest RenewX, Chennai, the form showcased its latest range of hybrid […]

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Techno Electric Plans $1Bn Investment For 250 MW Data Centers

Kolkata headquartered Techno Electric & Engineering Company Ltd. (TEECL), has launched its digital infrastructure arm Techno Digital Infra Pvt Ltd. backed by a $1 billion investment plan. Through this investment, Techno Digital intends to develop an integrated network of hyperscale and edge data centers targeting a 250 MW cumulative capacity across the country. TEECL is […]

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Solar Water Heating Warms Up For A Second Innings In India

From being the only visible solar application till a decade back, solar water heating (SWH) seemed to take a back seat as mainstream PV caught policy makers attention. Recently, India’s Ministry of New and Renewable Energy (MNRE) came out with a quality control order for solar water heaters. So what’s the big deal? A lot, […]

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Eastman Plans To Launch Diverse Range Of Grid Tied Inverters

Eastman Auto and Power Limited has now planned to launch hybrid solar inverters to cater to the demand of hybrid rooftop solar connections under PM Surya Ghar scheme. The firm, which boasts of end-to-end solutions for solar consumers in India now plans to widen their consumers base with the new launch. Kalpesh Gavali, Global Chief […]

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Green Stocks May 5: Spotlight Back On Green Stocks

On a day with a strongly positive undertone, green energy stocks led the charge with strong gains across our group of developers, manufacturers, and EPC firms. Adani Green led, up almost 10% at one stage before giving up some of the gains. Acme Solar also enjoyed a good day at the markets, while NTPC Green […]

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Q4 FY25: Power Exchange Liquidity Rises 36%, Electricity Vol to Grow 19%

IN an analyst call after its Q4 results , the Indian Energy Exchange (IEX) shared that on the power sector front, electricity consumption during Q4 FY ’24 recorded 415 billion units, which is an increase of 3.7% on a year-on-year basis. States such as UP, Maharashtra, Gujarat, MP, Rajasthan, Karnataka, and Tamil Nadu remained drivers […]

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