ACME Venus Urja Private Limited, a subsidiary of ACME Solar Holdings Limited, has arranged long-term financing of Rs 3,892 crore from State Bank of India for a 400 MW firm and dispatchable renewable energy project in Barmer, Rajasthan. The loan will be repaid over 19 years. The project marks ACME’s largest financing support from SBI…
Sterling and Wilson Renewable Energy Limited (SWREL) has received a letter of intent from a private power producer to execute an engineering, procurement and construction package for a 300 MW AC solar project in Rajasthan. The project will have a capacity of 420 MWp DC and include a 220/33 kV pooling substation. The contract is…
India has revoked transmission access for around 17 gigawatts (GW) of renewable energy projects that have experienced delays, according to Reuters. The decision aims to prioritise grid connections for projects that are operational or close to completion. The Central Transmission Utility of India (CTUIL), a state-run entity, issued notices to several developers, including Adani Green…
Tata Power and Tata Passenger Electric Mobility Limited have opened a large-scale electric vehicle (EV) charging hub in Mumbai under the TATA.ev MegaCharger initiative. The launch took place on World EV Day and marks the companies’ first co-branded charging facility in the city. The hub is located near Terminal 2 of Chhatrapati Shivaji Maharaj International…
Waaree Renewable Technologies Limited (WAAREERTL), a subsidiary of Waaree Energies Limited, has received a Letter of Award (LOA) from Waaree Forever Energies Private Limited (WFEPL) for the execution of an 870 megawatt alternating current (MWac) or 1,218 megawatt peak (MWp) ground-mounted solar power project. The scope of work includes engineering, procurement, and construction (EPC) of…
StarCharge has entered into an agreement with Prozeal Green Energy Limited to supply 1 gigawatt-hour (GWh) of battery energy storage systems (BESS) for deployment across multiple locations in India. As part of the agreement, StarCharge will provide its 5 megawatt-hour (MWh) container-based energy storage units. These systems are intended to improve grid stability and support…
GPS Renewables and its subsidiary Proweps have partnered with Biogastechnik Süd GmbH (BGTS) to bring Varibull paddle agitators to the Indian market. The collaboration is aimed at improving the efficiency of biogas plants and reducing costs for compressed biogas (CBG) developers. As part of the arrangement, GPS Renewables will integrate BGTS’s paddle agitator technology into…
GREW Solar has raised Rs 3 billion from a group of investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company will direct the capital towards product development, technology upgrades, and business expansion. GREW Solar operates as the renewable energy subsidiary of the India-based Chiripal Group and manufactures solar photovoltaic (PV) modules. Established…
Andhra Pradesh Power Generation Corporation (AP Genco) has proposed a 3,200 megawatt (MW) thermal power project at Vennelavalasa in Srikakulam district, with an estimated investment of Rs 30,000 crore. The project will have four units of 800 MW each and require about 2,000 acres of land. A detailed project report is being prepared by Delhi-based…
Infrastructure EPC company Ceigall India Ltd has announced its entry into the renewable energy sector after receiving two Letters of Intent (LOIs) from Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for 337 megawatts (MW) of solar capacity. The projects fall under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme and will involve setting up grid-connected…