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ET Energy

SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers

Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […]

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AmpereHour Energy Secures $5mn In Series A Funding

Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […]

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KPI Green Energy Appoints Surinder Kumar Negi As New COO

Gujarat-based KPI Green Energy has appointed Surinder Kumar Negi as its new Chief Operating Officer (COO). Negi brings over four decades of experience in the power transmission, renewable energy, and infrastructure development sectors. He has previously held leadership roles at NTPC, POWERGRID, ALSTOM, Reliance Energy, Gujarat Energy Transmission Corporation (GETCO), and Skipperseil Ltd.  As Managing Director of […]

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Safety Engineer – Solar EPC

The Safety Engineer is responsible for managing the health, safety, and environmental (HSE) aspects of solar EPC projects, ensuring compliance with relevant safety standards, government regulations, and industry best practices. The role requires collaboration with various teams, including engineering, procurement, and construction teams, to minimize risks and create a safe working environment Key Responsibilities:- Safety […]

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Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology

Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […]

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Serentica Increases Renewable Energy Capacity For Hindustan Zinc to 530 MW

Indian renewable energy company Serentica Renewables has announced strengthening its partnership with Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer. This expanded power delivery agreement increases Hindustan Zinc’s round-the-clock (RTC) renewable energy capacity from 450 MW to 530 MW. This has led to a boost in its clean energy share to […]

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99.51 L Smart Meters Installed Under RDSS: Power Minister

The Minister of State (MoS) For Power Shripad Naik claimed that 99.51 lakh smart meters have been installed in the country under the Revamped Distribution Sector Scheme (RDSS). The scheme aims to augment the capacity of the power distribution companies in the country and reduce their losses. The minister, while sharing a written reply before […]

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US Faced $5,720/MWdc/Year Potential Revenue Solar Asset Loss

In 2024, solar assets in the United States faced an average potential revenue loss of $5,720 per MWdc per year, Raptor Maps’ Power Loss dataset revealed. It attributed this to equipment-related underperformance. It said that this marked a 15% increase from 2023 and a 214% surge over the past five years. Raptor Maps’ Power Loss […]

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