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Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables

Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari []

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News Briefs May 3 -Envirospark, GAF Energy, REC Silicon, DOE Grants

EV Charging Company EnviroSpark Secures $50 Million Investment from Basalt Infrastructure Partners US electric vehicle (EV) charging company EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners an infrastructure equity investment firm focusing on investments in Europe and North America. This investment will enable EnviroSpark to []

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BII Invest $19 Mn To Expand CHARGE Zone Network In India

CHARGE ZONE, secured a $19 million commitment from British International Investment (BII), the UKs development finance institution (DFI) and impact investor.  CHARGE ZONE, is an Indian electric vehicle (EV) charging network provider, and DFI is the UKs development finance institution. This collaboration forms part of their long-term plan to create a network of one million []

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Inverter Major Sungrow Overtakes Longi By Market Cap

Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of []

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Elections 2024: Renewables Take Center Stage In Political Parties Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled []

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BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies

Bharat Petroleum Corporation (BPCL) has announced it has awarded the consultancy contract for setting up a 52 MW solar power project in Prayagraj, Uttar Pradesh to Ahasolar Technologies. The tender for the solar power project was floated by BPCL in February. Under the ambit of the project, BPCL has planned to power its refineries through []

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News In Brief April 5- Alpex Solar, SolarEdge, Ford & More..

Alpex Solar bags govt orders worth Rs. 11.90 crore in Jharkhand under the PM-KUSUM scheme Alpex Solar says it has received orders for supply, installation and commissioning of 500 Solar Water Pumping Systems from Jharkhand Renewable Energy Development Agency. The Projects are scheduled to be completed within 120 days from the date of issue of work []

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The []

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Tesla Left in the Shadows: Vamsi Gaddams Groundbreaking ATUM Solar Innovation Takes Centre Stage

Visaka Industries JMD has incorporated sustainability in each one his companys products. ATUM Solar is a shining example of green innovation done right. Vamsi Gaddam, the esteemed Joint Managing Director of Visaka Industries, has propelled the company to the pinnacle of renewable energy innovation with his groundbreaking achievement of patenting ATUM, hailed as the worlds []

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