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Hitachi Energy to supply grid solutions for East Anglia 2 offshore wind project
Hitachi Energy will provide essential grid connection and power quality solutions for ScottishPower Renewables’ East Anglia 2 (EA2) offshore wind farm. The 960 MW project, located 32 kilometres off Suffolk in eastern England, will generate enough energy to power one million UK homes. The project will leverage Hitachi Energy’s Grid-eXpand system, gas-insulated switchgear, and Grid-enSure…
OREDA partners with Tata Power for rooftop solar
The Odisha Renewable Energy Development Agency (OREDA) has partnered with Tata Power Renewable Energy to promote rooftop solar adoption under the Pradhan Mantri Surya Ghar Yojana. The initiative targets residential customers to raise awareness and implement cost-effective solar energy solutions across Odisha. The scheme will be executed through four power distribution companies (DISCOMs), with awareness…
ACME Solar commissions BESS phases in Bikaner and Jaisalmer
ACME Solar Holdings Limited (ASHL) has commissioned new phases of its Battery Energy Storage System (BESS) projects at two locations in Rajasthan, with both achieving commercial operation date (COD) on March 25, 2026. At Bikaner, ASHL commissioned the first phase of 60 MW / 269.606 MWh through its wholly owned subsidiary ACME Surya Power Private…
Shriram Finance launches Shriram Green Finance for sustainable projects
Shriram Finance Limited has introduced Shriram Green Finance, a dedicated vertical for funding sustainable projects beyond electric vehicles (EVs). The initiative will focus on financing EVs, battery charging stations, renewable energy products, energy-efficient machinery, and other green energy solutions. Shriram Green Finance aims to achieve an Asset Under Management (AUM) of Rs 50 billion within…
LG Electronics India signs 25-year solar PPAs for 20.8 MWp capacity
LG Electronics India has locked in long-term renewable energy supply for two of its manufacturing facilities, signing 25-year solar power purchase agreements with Hinduja Renewables and Sunsure Energy, totalling 20.8 MWp of contracted capacity. Under the arrangement, Hinduja Renewables will supply power from its 27.7 MWp solar plant in Nanded, Maharashtra. Of this, 9.8 MWp…
Gensol Engineering to raise Rs 6 billion, aims for zero net-debt
Gensol Engineering Limited has approved fundraising of up to Rs 6 billion to strengthen its balance sheet and move towards a zero net-debt position. The company plans to raise Rs 4 billion through foreign currency convertible bonds (FCCBs) and Rs 2 billion via warrants issued to promoters. Alongside the fundraise, Gensol is divesting assets, including…
