Friday, April 12

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Sungrow and Memodo Sign MOU for a Broader Cooperation on C&I Energy Storage Market
International Updates

Sungrow and Memodo Sign MOU for a Broader Cooperation on C&I Energy Storage Market

Sungrow, the global leading inverter and energy storage system supplier, has announced the signing of a Memorandum of Understanding (MOU) with Memodo, one of the largest distributors in Europe. This strategic partnership will focus on the commercial and industrial (C&I) storage market, showcasing the two companies’ commitment to energy storage development and innovation. As trusted long-term partners, Memodo and Sungrow have increased their joint sales in the past years significantly. Memodo currently distributes Sungrow's inverters and energy storage systems solutions in all major German-speaking countries, the Netherlands, Italy, and other regions. The rising demand for electric vehicle charging infrastructure and renewable energy in Europe has led to increased costs for manag...
Suzlon Wins 100.8 MW Order from Everrenew Energy Pvt. Ltd.
RE Industry Updates, RE Updates

Suzlon Wins 100.8 MW Order from Everrenew Energy Pvt. Ltd.

Suzlon Group, India's largest renewable energy solutions provider, today announced a new order win for the development of a 100.8 MW wind power project for Everrenew Energy Private Limited. Suzlon will install 48 wind turbine generators (WTGs) of their S120 - 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy in Tamil Nadu and the project is expected to be commissioned in March 2024.Suzlon will supply the wind turbines (equipment supply) and supervise the execution and commissioning of the project. JP Chalasani, Chief Executive Office, Suzlon Group said, "We are delighted to announce our first order with Everrenew Energy Private Limited. Suzlon takes pride in valued customers like Everrenew Energy, one of India's fast-g...
MAHAPREIT’s Ambitious Plan: 1 GW Solar Push for Rural Irrigation and SME Rooftops
Industry Updates, RE Industry Updates

MAHAPREIT’s Ambitious Plan: 1 GW Solar Push for Rural Irrigation and SME Rooftops

The Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT), a subsidiary of the state government’s Mahatma Phule Backward Class Development Corporation (MPBCDC), has planned to install 500 megawatt (MW) of decentralised solar projects in the rural parts of the state to power agricultural irrigation over the next two years and another 500 MW rooftop solar units to supply power to micro, small and medium enterprises. The combined capacity will give a significant boost to the government’s goal to reach 22 gigawatt (GW) of renewable energy. Currently, the state generates around 15GW of renewable energy annually. A meeting to discuss implementation of tenders for the first phase of this project between MAHAPREIT and the Global Energy Alliance for People and Planet (...
MASMA Shines with Solar Expo 2023; Mahavitaran Showcases Exciting Solar Schemes
Industry Updates, RE Industry Updates

MASMA Shines with Solar Expo 2023; Mahavitaran Showcases Exciting Solar Schemes

The Maharashtra Solar Manufacturers Association (MASMA) organized a remarkable solar expo at Mahalakshmi Lawns in Pune on July 8 and 9, 2023. Visitors were delighted to explore a dedicated stall by Mahavitaran, featuring information on their top-notch schemes like Chief Minister Solar Agriculture Channel-2.0, rooftop solar power projects, and electric vehicle charging stations. Distinguished guests including Dinesh Jagdale, Joint Secretary of Central Non-Renewable Energy Department, Ankush Nale, Pune Regional Director of Mahavitaran, Rajendra Pawar, Chief Engineer, Pankaj Tagalpallewar, Additional Director General of Energy, President of ‘Masma’ Rohan Upasani visited the exhibition. On this occasion, Joint Secretary Jagdale appreciated the ongoing effective implementation of solar ener...
Goldi Solar Forays into the Inverter Business, Introduces VAMA On-Grid Smart String Inverters for Residential, and C&I Consumers
Must Read, RE Industry Updates

Goldi Solar Forays into the Inverter Business, Introduces VAMA On-Grid Smart String Inverters for Residential, and C&I Consumers

( In the photograph, L to R, Capt Ishver Dholakiya, Founder & Managing Director, Goldi Solar, Ms Vama Dholakiya, Mr Bharat Bhut, Co-Founder & Director and Mr Hardip Singh, President & Global Head, Sa) Goldi Solar, India's leading solar brand known for its unwavering commitment to quality, is proud to announce the highly anticipated launch of its VAMAOn-grid range of smart stringinverters. The inverterrange is available in single-phase and three-phase variants designed specifically for on-grid applications. VAMA inverters cater to the diverse needs of residential and C&I consumers. Capt. Ishver Dholakiya, Founder & Managing Director of Goldi Solar & VAMA Inverters, expressed his enthusiasm, stating, "We are thrilled to foray into the on-grid solar inverte...
Amp Energy India Closes Investments Totaling up to USD 250 Million from SMBC, ICG, and AIIB.
Must Read, RE Industry Updates

Amp Energy India Closes Investments Totaling up to USD 250 Million from SMBC, ICG, and AIIB.

Amp Energy India is a leading energy transition platform and India’s first truly balanced Renewable Energy IPP with a total portfolio of 2.7GW+ spread across 17 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata. It provides renewable energy transition solutions to marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacenters, Utilities, and Government bodies The Company has now secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the company. Pinaki Bhattacharyya...
Infosys Attainds Carbon Neutrality for the Fourth Consecutive Year
Net-Zero

Infosys Attainds Carbon Neutrality for the Fourth Consecutive Year

According to the ESG report for FY 2023 released by Infosys, the company has attained carbon neutrality for the fourth consecutive year. The ESG reprot mentions its adoption of renewable energy sources has contributed to 57.9 per cent of electricity for its India operations. According to the report, Infosys has installed 14.4 MW of solar PV panels on the rooftops of its office buildings. The report further mentions that the company operates a 40 MW captive solar power plant in Sira, Karnataka, totalling its installed solar capacity to 60 MW. On Supply Chain, Infosys reported that 66 per cent of its spending on suppliers in India was allocated to local suppliers in fiscal 2023. The company emphasised that it did not experience any significant negative environmental or social impacts...
Suzlon secures a Major order of 300 MW from Torrent Power Limited
Industry Updates, RE Industry Updates

Suzlon secures a Major order of 300 MW from Torrent Power Limited

Suzlon Group, India's largest renewable energy solutions provider, announced that it has bagged a significantly large order for its new 3 MW series of wind turbines to develop a 300 MW wind power project for Torrent Power Limited. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. The project is located in Karnataka and is expected to be commissioned in 2025. This is the sixth and the largest order for the new Suzlon 3 MW series in less than a month and as part of the agreement, Suzlon will supply the wind turbines (equipment supply), provide land and execute the project including erection and commissioning. Suzlon will also provide comprehensive operations and maintenance services post-commissioning. G...