Author: PPD Team Date: July 3, 2025
Solex Green Energy Private Limited, a wholly owned subsidiary of Solex Energy Limited, has won contracts worth Rs 68.69 crore to develop 24.1 MW of solar power projects across India. The contracts were awarded on July 1, 2025.
These projects have been granted under the Government of India’s “Distributed Renewable Energy Bilateral Purchase (DREBP)” Policy.
The projects will be executed in various tranches.
Author: PPD Team Date: October 15, 2024 Renewable energy developer OX2 has acquired its first onshore wind project in Western Australia, with a planned capacity of 1GW. Located north of Perth, the project is in the early development stages and will include a 100MW battery energy storage system. The acquisition involves collaboration with 20 landowners, and the original developers will continue to oversee the approval process alongside OX2. This acquisition is part of OX2’s strategy…
Author: PPD Team Date: August 29, 2024 Grew Energy Pvt Ltd, a solar photovoltaic (PV) module manufacturing company, has entered into a partnership with the Indian Institute of Technology, Bombay (IIT Bombay) to advance innovation and excellence in photovoltaic technology. This collaboration will focus on solar cell and module manufacturing, performance characterization, and reliability assessments, aiming to drive significant advancements in the sector. The Memorandum of Understanding (MoU) between IIT Bombay and Grew Energy lays…
Author: PPD Team Date: January 12, 2026 Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong year on year growth across financial and operational indicators in the third quarter of FY 2024-25. For Q3 FY 2024-25, revenue from operations rose to Rs 1,698.99 crore, up 35.57% from Rs 1,253.20 crore in the corresponding quarter of the previous year. Profit before tax (PBT) increased to Rs 538.20 crore, compared to Rs 386.14 crore, marking a…
Author: PPD Team Date: March 18, 2026 Resonia Ltd. has appointed Prashant Sinha as Chief Executive Officer (CEO), elevating him from his previous role as Chief Operating Officer (COO). In his earlier position, he oversaw project portfolios, business acquisition, and execution across the company’s transmission business. Sinha has close to three decades of experience across the power, infrastructure, and financial sectors. Prior to joining Resonia, he held leadership roles at ICRA, L&T Infrastructure Finance, L&T…
Author: PPD Team Date: April 10, 2026 Bondada Engineering Limited has commissioned 48.2 MWp of solar projects in March 2026 for Paradigm IT and Maharashtra State Power Generation Company Limited (MAHAGENCO) across multiple locations in Maharashtra, the company disclosed to BSE on April 9, 2026. This commissioning takes Bondada’s total execution for FY2025-26 to about 500 MWp and raises its cumulative commissioned capacity to around 1.3 GWp since inception. The 500 MWp annual execution marks…
Author: PPD Team Date: December 2, 2025 NTPC has commissioned a 3.7 MW solar hydrogen project in Ladakh. The facility was inaugurated virtually by Defence Minister Rajnath Singh. The company has built a standalone microgrid that uses hydrogen for storage and can supply 200 kW of continuous power year-round. The system is intended to replace diesel generator sets now used at remote army locations. NTPC has stated that the shift will reduce carbon emissions and…