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Home2024June

Month: June 2024

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Company Release

Luminous Power Technologies’ ‘Solar Spectrum of New India’ research reveals mixed perceptions for solar energy adoption

June 28, 2024

69% respondents believe that solar energy is environment friendly, underscoring a widespread recognition of its sustainability advantages 85% of respondents believe their city has ideal weather conditions for installing solar-powered rooftop systems 65% of respondents […]

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Projects

Serentica calls for global EoI for 800 MWh standalone BESS

June 28, 2024

Serentica Renewables has invited expressions of interest (EoI) to develop inter-state transmission system connected battery energy storage systems (BESS) to deliver battery capacity of 800 MWh to Serentica’s round-the-clock (RTC) clean energy projects. Serentica is […]

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Projects

Hygenco and Ameropa sign term sheet for potential green ammonia supply

June 28, 2024

Hygenco Green Energies and Ameropa have signed a term sheet for the potential supply of green ammonia from its forthcoming green ammonia project in India. Hygenco is set to produce green ammonia from its upcoming […]

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Projects

JSW bags LoA for 300 MW solar-wind hybrid project

June 28, 2024

JSW Neo Energy, a wholly-owned subsidiary of JSW Energy Limited, has secured a letter of award (LoA) from the Solar Energy Corporation of India for the development of a 300 MW inter-state transmission system (ISTS) […]

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Projects

NTPC issues tender for 1.2 GW solar projects

June 28, 2024

NTPC Limited has issued a request for proposals for the development of 1,200 MW inter-state transmission system connected solar projects. The projects will be located anywhere in India. The minimum bidding capacity must be 50 […]

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International News

Malta Inc. and BBVA to collaborate on energy storage project in Iberia

June 28, 2024

Malta Inc. and BBVA have signed a MoU to partner on an energy storage project in the Iberian Peninsula.  The collaboration aims at creating innovative financial solutions to support the installation of the project. It […]

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International News

Q ENERGY sells whinfield solar farm to AlphaReal in UK

June 28, 2024

Q ENERGY has sold a 33 MW whinfield solar PV farm to AlphaReal. The farm is located near Darlington in Northeast England. Currently, the solar farm is under construction. The project will be equipped with […]

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Projects

JSW Energy bags PPAs for wind and solar projects

June 27, 2024

JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy, has entered into power purchase agreements (PPAs) through its subsidiaries for wind and solar projects with a total capacity of 1,325 MW. This includes 1,025 […]

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Projects

Juniper Green signs two PPAs in clean energy space

June 27, 2024

Juniper Green Energy has inked two power purchase agreements (PPAs) for the development of clean energy projects in Gujarat and Rajasthan. Juniper Green Energy has entered into a PPA with the Solar Energy Corporation of […]

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Projects

Kalpataru Projects secures new orders worth Rs 23.33 billion

June 27, 2024

Kalpataru Projects International Limited (KPIL) has bagged contracts worth Rs 23.33 billion. The orders are for the transmission and distribution business in India and overseas markets. It has also secured engineering, procurement and construction (EPC) […]

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Financings

Cleantech Solar raises Rs 8.55 billion to expand its C&I portfolio in India

June 27, 2024

Cleantech Solar has obtained long-term green financing of Rs 8.55 billion from Aseem Infrastructure Finance. The funding will aid Cleantech Solar’s open access portfolio in India, focusing on the development and operation of solar and […]

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Company Release

India to witness over INR 2,000 crore investment opportunities in the energy storage, EV & green hydrogen sector at IESW 2024

June 27, 2024

IESW 2024 to become the launch platform for multiple factory and Gigafactory announcements paving way to India’s global manufacturing hub mission IESA is set to host its annual flagship international event, India Energy Storage Week […]

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International News

Pacific Green to enter Polish energy storage market

June 27, 2024

Pacific Green Technologies has announced plans to buy a majority stake in two large-scale in-development battery energy storage system (BESS) projects from an international developer in Poland, Europe.  Furthermore, the balance of shares in each […]

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International News

KKR and IGNIS join forces to develop green hydrogen, ammonia and other green technologies

June 27, 2024

KKR and IGNIS have partnered to launch IGNIS P2X. IGNIS P2X is a new Power-to-X platform to develop green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors. KKR will invest up to €400 million […]

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International News

Encavis secures €300 million debt to acquire solar and wind projects

June 27, 2024

Encavis AG has secured €300 million syndicated revolving credit. The oversubscribed short-term credit will finance the purchase of wind and solar projects, until 30th April 2025. Furthermore, this is under the company’s accelerated growth strategy […]

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Financings

Battery Smart raises $65 million for EV battery swapping network expansion

June 26, 2024

Battery Smart, a battery swapping network for electric two- and three- wheelers, has raised $65 million in a Series B funding round spearheaded by LeapFrog Investments. This funding round comprised both primary and secondary investments […]

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Regulations

Gujarat commission sets tariff for 1,125 MW solar projects

June 26, 2024

The Gujarat Electricity Regulatory Commission has approved the tariffs determined through competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,125 MW of solar power from projects to be developed […]

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Projects

SunSource Energy commissions three open access solar projects

June 26, 2024

SunSource Energy has commissioned three open access solar power facilities in Uttar Pradesh. Situated in the Jhansi and Lalitpur districts, covering a total of 150 acres, these projects have a combined capacity of 45 MWp. […]

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Projects

L&T bags 185 MW solar project with 254 MWh BESS

June 26, 2024

Larsen & Toubro (L&T) has won a contract for development of a 185 MW grid-connected solar plant with a 254 MWh battery energy storage system (BESS). The project will be situated at Kajra in the […]

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International News

Macquarie acquires 49.9 per cent stake in Hydro Rein for $332 million

June 26, 2024

Macquarie Asset Management has concluded the acquisition of a 49.9 per cent stake in Hydro Rein, a subsidiary of Hydro, for a consideration of $332 million.  Furthermore, the investment will be managed by the Macquarie […]

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