Citicore partners with Trinasolar for solar module supply in Philippines
Author: PPD Team Date: November 14, 2024
Author: PPD Team Date: November 14, 2024
Citicore Renewable Energy Corporation (CREC) has entered into a contract with Trinasolar to procure 2 GW of Vertex N 720W solar modules.
Under the contract, Trinasolar will supply its Vertex N 720W Series solar modules for CREC’s rollout of 2 GW solar capacity, aligning with the Philippines government’s renewable energy programs, including the Green Energy Auction.
This partnership, which now totals 3 GW, supports CREC’s target of 5 GW of renewable energy capacity in five years.
Author: PPD Team Date: August 14, 2025 Alpex Solar Ltd will establish a 1.2 GW solar module manufacturing plant in Mathura, Uttar Pradesh, as part of its capacity expansion. The board has approved the project, which will raise total manufacturing capacity to 3.6 GWs. The facility, with an investment of Rs 110 crore funded through internal resources and credit, is scheduled to start operations in FY 2026–27. The expansion comes after a sharp rise in…
Author: PPD Team Date: March 30, 2026 Schneider Electric Infrastructure Limited (SEIL) has increased the capital expenditure for capacity expansion at its Vadodara switchgear plant from Rs 110.2 crore to Rs 156.4 crore. The board approved the revised outlay on March 27, 2026, and the company disclosed the update to stock exchanges. The additional investment of Rs 46.2 crore will be used to expand shopfloor space and undertake civil and structural works to support future…
Author: PPD Team Date: December 2, 2024 Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 110 billion in renewable energy and green hydrogen projects. The investment will be allocated for establishing renewable energy, green hydrogen, and its derivatives projects in Karnataka over the next two to three years. The projects are set to commence in 2025-26 and are expected to create over…
Author: PPD Team Date: October 27, 2025 Pakistan’s Balakot Hydropower Project, developed by China Gezhouba Group Company, has completed river diversion and closure operations, allowing the project to move into the main dam construction phase. The 300 MW run-of-the-river project is located on the Kunhar River in Khyber Pakhtunkhwa, approximately 220 km from Islamabad. It is financed by the Asian Development Bank and the Asian Infrastructure Investment Bank and is designed to increase Pakistan’s share…
Author: PPD Team Date: February 12, 2026 CleanMax Enviro Energy Solutions has raised Rs 15 billion in a pre-initial public offering (IPO) funding round led by Temasek Holdings and Bain Capital, ahead of its planned market debut expected later this month. The pre-IPO placement also saw participation from Steadview Capital, 360One and Steinberg India Emerging Opportunities Fund. Several family offices joined the round, including those linked to the Dalmia group, as well as the Jaisinghani…
Author: PPD Team Date: November 19, 2025 Maharashtra State Power Generation Company (Mahagenco) has signed a memorandum of understanding with Nuclear Power Corporation of India Limited (NPCIL) to jointly develop nuclear power projects in the state. Maharashtra is the first state to partner with the central government under its nuclear based power initiative. The agreement aims to support Maharashtra’s shift toward clean and reliable baseload power. It covers the design, development, and commissioning of a…