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Upgrading a Grid Connected PV System To An Energy Storage System

Even today, there is a widespread impression among many prospects that a solar system could mean grid independence. Unfortunately, by the time they actually understand the way most solar setups work, especially if you want the benefit of subsidies, they realise that the only way is a grid connected solar plant. However, that is changing. […]

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Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider

Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […]

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Sol Systems Flips the Switch at Seven Solar Projects at Walmart Stores Across California

Sol Systems announces the completion of solar energy systems totaling 6.5 megawatts (MW) at seven Walmart stores across California. The portfolio includes a mixture of solar energy systems installed on the rooftops and parking lot carports. The portfolio is part of an ongoing partnership and will provide power directly to Walmart stores in Burbank, Calexico, […]

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L&T Bags EPC Contract for the 1.5 GW Sudair Solar Project in Saudi Arabia

L&T has secured a turnkey EPC Contract in Saudi Arabia, from the consortium led by ACWA Power for the 1.5 GW Sudair solar project. The Renewables arm of Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has announced that it has secured a turnkey EPC Contract, from the consortium of ACWA Power and the […]

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Tender Issued for 41 MW Rooftop Solar Systems in Madhya Pradesh

MPUVNL has invited bids for the discovery of tariff and selection of SPDs for the implementation of 41 MW rooftop solar systems in Madhya Pradesh The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a Request for Proposal (RfP) inviting bids from the eligible bidders to participate in the discovery of tariff and selection […]

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ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat

ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […]

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Central Coalfields Tenders for 20 MW Solar Plant in Jharkhand

Central Coalfields has issued a tender for the implementation of a 20 MW solar plant at the vacant land within piparwar MGR in Jharkhand. Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, has issued a tender for the implementation of a 20 MW solar photovoltaic (SPV) power plant at the vacant land within […]

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Tenders Issued for Rooftop Solar Plants at IIT Kanpur and IIT Jodhpur

Two tenders have been issued for the commissioning of rooftop solar projects on the campuses of IIT Kanpur and IIT Jodhpur. Two tenders have been issued for the installation and commissioning of rooftop solar PV projects on the campuses of the Indian Institute of Technology (IIT) Kanpur and IIT Jodhpur.  The first tender has been […]

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$421 million of Loanpal Residential Solar Loans Securitized

Loanpal, a leading point-of-sale technology platform for sustainable home solutions, today announced that Goldman Sachs sponsored Loanpal Solar Loan 2021-2 Ltd. and Loanpal Solar Loan 2021-2 LLC have closed a securitization of approximately $421 million worth of residential solar loans originated on the Loanpal platform and previously purchased by Goldman Sachs, GoodFinch, Blackstone Credit and Davidson Kempner Capital Management […]

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