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solar business

KPI Green Energy Bags 145.20 MW Wind-Solar Project from Ayana Renewable Power

Independent Power Producer (IPP) KPI Green Energy Limited has been awarded a Letter of Intent (LOI) for a 145.20 MW wind-solar hybrid power project (comprising 145.20 MW wind and 50 MW solar) by  Ayana Renewable Power Four Private Limited, based in Bangalore. The project is scheduled to be completed in the financial year 2024-25. The […]

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Enfinity Global Acquires 546-MW Of Solar Assets

American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […]

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Xylem & Lorentz Partner for Solar-Powered Pumping Solutions

US-based water technology provider, Xylem and German solar water pump manufacturer, Lorentz have partnered to expand the availability of solar-powered pumping systems globally. These sustainable pumping solutions are commonly used in agriculture, irrigation and drinking water applications, enabling water managers to address decarbonisation goals while reducing operating costs. Lorentz said that climate-related droughts and severe […]

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EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out

European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […]

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Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business

Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […]

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Iconic Shore Temple Is Now Solar Powered

The iconic Shore Temple of Mahabalipuram have turned into India’s first green energy archeological site. Located about 60 Kms from state capital Chennai, the Shore temple is one of the most iconic symbols of Tamil Nadu. Built with blocks of granite dating from the 8th century AD the temple earned the green energy site tag […]

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AmpIn To Supply Solar Power For Varroc’s Maharashtra Plant

AmpIn Energy Transition, a renewable energy Independent Power Producer (IPP), has partnered with Varroc, a global powerhouse in the automobile component sphere. This collaboration is set to channel 33.1 MWp of solar power to Varroc’s manufacturing plants in Maharashtra.  AmpIn holds a 112MWp solar portfolio, having successfully commissioned multiple back-to-back solar open-access projects in the […]

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NGEL Issues Tender Seeking Consultant for Validation of 50 MW Solar Project

NTPC Green Energy (NGEL), a wholly-owned subsidiary of India’s largest power utility NTPC, has issued a tender to appoint a consultant and hire a designated operational entity (DOE) for the validation and verification of a 50 MW solar project in Rajgarh, Rajasthan. This also entails the renewal of the project for an additional seven years […]

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Gensol Acquires Majority Stake In Solar Tracker Firm Scorpius

Gensol Engineering has now announced acquiring a majority stake in Scorpius Trackers, a single-axis solar tracker company. In its latest self-disclosure before the Bombay Stock Exchange (BSE), the company has announced the acquisition of  54.38 percent shares of Scorpius and voting rights in the company. Gensol Engineering Limited is a part of the Gensol group of […]

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