Reliance NU Suntech, a subsidiary of Reliance Power, plans to invest Rs 100 billion ($1.16 billion) in a solar power plant with a battery energy storage system (BESS) in Kurnool, Andhra Pradesh. The project, set to be Asia’s largest solar and BESS initiative, will include a 930 MW solar energy facility and a 465 MW/1,860 megawatt-hours BESS, ensuring peak power supply for four hours daily. The project is part of a larger 2,000 MW bid…
Lubi Industries has secured a contract from Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC electric vehicle (EV) chargers across India. These chargers, with a 60 kW capacity, will be installed at BPCL retail outlets to provide reliable and efficient charging solutions for EV users. This project represents a significant portion of the annual DC charger installations in India and supports the country’s expanding EV infrastructure. The chargers will…
Ecozen, a clean energy technology company, has raised over $23 million in debt funding from investors including responsAbility Investments, Northern Arc Capital, and Maanaveeya Development & Finance. The funds will support the scaling of flagship solutions like Ecotron, Ecofrost, and advanced motor control systems, as well as domestic and international expansion. The company has achieved a compound annual revenue growth rate exceeding 83% over the last three years. Ecozen has manufactured over 300,000 Ecotron solar…
Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received orders to develop 62.2 MW of solar power projects under the captive power producer (CPP) business segment. The projects are aligned with the distributed renewable energy bilateral purchase policy and the Gujarat Renewable Energy Policy 2023. They are set to be completed in phases by the financial year 2025-26 as per the agreements.