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solar energy projects

Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia

Pentagreen Capital (Pentagreen) and British International  Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform.   Pentagreen is the sustainable […]

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AMPIN Energy Bags $50 Million From Siemens

Leading Renewable developer AMPIN Energy Transition has secured an investment of $50 million from Siemens Financial Services, the financing arm of Siemens AG. These funds will fuel the company’s growth in both Commercial & Industrial (C&I) and Utility-scale renewable energy projects as well as its energy transition value chain business. This marks AMPIN’s third major […]

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RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr

The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the […]

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India’s Wind Energy Capacity Touches 48.5 GW

India’s cumulative wind energy capacity has reached 48.5 GW, according to the latest data from the Central Electricity Authority (CEA). The CEA’s most recent monthly report highlighted the addition of new wind energy capacities, indicating steady growth in the sector. As per the report, the country added 223 MW of new wind energy capacity in […]

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First Solar India’s Disconnect: Big Factory, Small Home Footprint

First Solar, Inc., a US solar manufacturer, ventured into India manufacturing business with the intention of serving the domestic India market as it inaugurated a fully vertically integrated solar manufacturing plant in Tamil Nadu with a capacity of 3.3 GW. The firm also had the distinction of making it to India’s ALMM list as the […]

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India’s Solar Park Additions Trail Targets

Over the last few years, solar power parks in India have made little progress, with the total installed capacity remaining stagnant at around 12,396 MW, according to data shared by Union Minister Shripad Yesso Naik. The data also revealed that 31 solar power parks across 13 states are yet to be installed. Those numbers might […]

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After A Lull, Rotosol To Restart Solar Inverter Business

Rotosol, a company primarily known for its solar pumps, is set to make a strong comeback in the solar inverter business. The company, with its manufacturing based in Anand, Gujarat, has announced its renewed focus on the residential and commercial & industrial (C&I) rooftop solar segments, with plans to expand into the utility-scale market in […]

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Rajasthan: NTPC Issues Tender For 240 MW Solar+BESS Project

NTPC Renewable Energy Limited (NTPC REL) has issued a tender for a land and power evacuation package to develop a 240 MW solar project with Battery Energy Storage (BESS). This project is slated to come up near the Devikot Solar Project of NGEL in Rajasthan. Bids for the tender will be accepted until April 29, […]

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COVER STORY: India’s Different Path For Solar Module Manufacturing

On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […]

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