RE Industry Updates - SmartEnergy

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

14Jun

By sapna.gb@gmail.comNo Comments

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...

India-based P3C Technology and Solutions Secures Investment for Flexible Perovskite Solar Cells

14Jun

By Editorial TeamNo Comments

RE Industry Updates, RE Updates

India-based P3C Technology and Solutions Secures Investment for Flexible Perovskite Solar Cells

India-based P3C Technology and Solutions has announced a fund raise of $250,000 with a further commitment of $3 million based on successful trails. The funds will be used to demonstrate the flexible perovskite solar cells to various government and private bodies like Indian Railway and automobile manufacturers. According to P3C, the investment comes from Oberoi Thermit Private Limited, a company with an impressive history of introducing new and innovative products and services which are highly beneficial for Railways. The organization is always looking to introduce new and improved technologies in India which can benefit the country. They are responsible for the introduction of some of the most safety critical technologies in Indian Railways like 3D Scanning of Bridge bed, Bridge Healt...

Solar Energy Corporation of India to supply 600 MW Wind Power to GRIDCO Odisha under Power Sale Agreement

14Jun

By Editorial TeamNo Comments

Industry Updates, RE Industry Updates

Solar Energy Corporation of India to supply 600 MW Wind Power to GRIDCO Odisha under Power Sale Agreement

Solar Energy Corporation of India Limited (SECI), Ministry of New and Renewable Energy, Government of India has signed a Power Sale Agreement (PSA) with GRIDCO Odisha, Government of Odisha under which GRIDCO Odisha will purchase 600 MW of wind power from SECI under Tranche – XIII of ISTS (Inter State Transmission System) Connected Wind Power Projects Scheme. Under the ISTS scheme of the Ministry of New & Renewable Energy, power generated from a state rich in renewable energy resources could be transmitted to states deficient in renewable energy resources. The agreement between SECI and GRIDCO was signed in Bhubaneshwar today, June 9, 2023, in the presence of Additional Chief Secretary, Department of Energy, Government of Odisha, N. B. Dhal. Odisha Electricity Regu...

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

25May

By sapna.gb@gmail.comNo Comments

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...

Vikram Solar ‘Top Performer’ in PVEL PV Module Reliability Scorecard 2023

25May

By Editorial TeamNo Comments

Industry Updates, Must Read, RE Industry Updates

Vikram Solar ‘Top Performer’ in PVEL PV Module Reliability Scorecard 2023

Vikram Solar, one of India's leading solar module manufacturers has been successful once again in claiming position of the 'Top Performer' in PVEL PV Module Reliability Scorecard 2023 by passing a rigorous PQP (Product Qualification Program) testing procedure. PVEL PQP is considered a virtual gold standard for module bankability across the solar industry. Vikram Solar's PARADEA Mono PERC 144 cell Bifacial Glass-Glass solar module, which has already been a hot favourite in the international market, appeared as top performer through PQP tests. Vikram Solar's stringent BOM selection criteria and robust process control on state of the art manufacturing lines have helped the company to consistently introduce top performer solar modules. Mr. Gyanesh Chaudhary, Chairman & Managing Directo...

Redington collaborates with Hoymiles and PIXON to accelerate the adoption of Solar Solutions and Green Energy Products in India

24May

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Redington collaborates with Hoymiles and PIXON to accelerate the adoption of Solar Solutions and Green Energy Products in India

Redington Limited , a leading technology solutions provider, announced its partnerships with Hoymiles Microinverters and PIXON Group, two leading solar manufacturing companies, to distribute micro-inverters, solar panels, and other green energy products on PAN India basis. As part of the partnerships, Redington will enable the seamless distribution of Hoymiles and PIXON’s best-in-class quality products such as highly efficient micro-inverters, solar panels, and other technologically advanced products in the solar ecosystem. The partnerships also entail the potential of expanding Hoymiles and PIXON’s reach to other markets in India and strengthening Redington’s current portfolio of solar products. These partnerships will help Redington accelerate the mainstream adoption of solar power b...

Cosmic PV Power breaks ground of it’s New State-of-the-art 600 MW Multi BB fully automatic Solar Module Manufacturing facilities at Surat, Gujarat

24May

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Cosmic PV Power breaks ground of it’s New State-of-the-art 600 MW Multi BB fully automatic Solar Module Manufacturing facilities at Surat, Gujarat

Cosmic is going one more step ahead with new 600MW fully automatic with advance robotics technology solar module manufacturing facilities in India's highest growth city, textile city, diamond city and now also known as solar city Surat. Breaks Ground on its New State-of-the-art 600 MW Fully Automatic Solar Module Manufacturing Facilities. Cosmic PV Power Pvt. Ltd. A premium quality Module Manufacturing and most Preferred OEM Partner in India pridefully announced new fully automatic robotics manufacturing facility in Surat. The Ground breaking ceremony was on done for of its new State-of-the-art 600 MW in multi BB fully automatic module manufacturing facility, this Facility will be one of the biggest factory area wise spread in more than 3,00,000 Sq. Ft in Surat. With this Facility now ...

Mahatma Phule Renewable Energy and Global Energy Alliance for People and Planet in India partner to implement livelihood-based solar projects in Maharashtra

20May

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Mahatma Phule Renewable Energy and Global Energy Alliance for People and Planet in India partner to implement livelihood-based solar projects in Maharashtra

Global Energy Alliance for People and Planet (GEAPP) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have announced a strategic partnership to enable the implementation of solar projects of 1000 MW across the state of Maharashtra, India. The MoI was signed to accelerate the adoption of renewable energy and promote sustainable development. Under this partnership, GEAPP and MAHAPREIT will collaborate in enabling the implementation of 500 MW of rooftop solar for small and medium enterprises (SMEs) and 500 MW of ground-mounted decentralised solar under the Prime Minister of India led KUSUM program. The Maharashtra government announced the target of installing 200,000 solar agricultural pumps in the state. Also, the program will target enterprises acro...

Luminous Power Technologies launches Innovative Icon and High Capacity Inverter Range

16May

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Industry Updates, Must Read, RE Industry Updates, Uncategorised

Luminous Power Technologies launches Innovative Icon and High Capacity Inverter Range

Luminous Power Technologies, a well-entrenched and a trusted brand in power backup and residential solar space unveiled an all-new range of futuristic products for the coming summers. This comes in the wake of company’s concerted efforts to delight customers with smart, safe, energy-efficient and sustainable products. This was disclosed by Mr Amit Shukla, Senior Vice President – Energy Solutions Business, Luminous Power Technologies today at the launch event in Mumbai. Speaking on the occasion, Mr Shukla said, “Luminous has been at the forefront of offering power backup solutions for last 35 years. We have been pioneering, illuminating and delighting over 100 millions happy homes with our products that are tech-savvy, aesthetically designed and sustainable. Raising our bar th...

Solar Ladder Raises 11 Crores in Seed Funding from Axilor Ventures, Titan Capital, DeVC, Stride Ventures and Angel Investors

15May

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Solar Ladder Raises 11 Crores in Seed Funding from Axilor Ventures, Titan Capital, DeVC, Stride Ventures and Angel Investors

Solar Ladder, a supply chain platform for Solar Installation companies announced it has raised 11 Crores in seed funding from Axilor Ventures, Titan Capital, DeVC, Stride Ventures, and angels from Atha Group, NIPHA group, Varun Alagh (Founder, Mamaearth), Subin Mitra and Aditya Bandi of Groyyo, Deepak Jain (Partner, Bain and Co.) among others. The recently acquired funds will be utilized to distribute software that automates processes for solar installers, allowing them to expand their business tenfold and aims to become the go-to ecosystem for solar installation companies. Solar Ladder aims to establish a robust marketplace that enables cheaper procurement, provides short-term embedded credit and insurance products to meet installers' working capital requirements, and offers long-term...