Tata Power has announced an investment of Rs 1.2 trillion in Rajasthan to develop various renewable energy projects, including rooftop solar installations and electric vehicle (EV) charging infrastructure. The announcement was made at the Rising Rajasthan Global Investment Summit on December 9, 2024. The investment roadmap aims to transform Rajasthan into a power surplus state…
JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan. The project will supply renewable energy to DCM Shriram, replacing the power currently procured from its 40 MW thermal power project….
Fujiyama Power Systems, a major player in the rooftop solar segment, has acquired 24.89 hectares in Ratlam, Madhya Pradesh, to set up a solar manufacturing facility. The Delhi-based company plans to invest Rs 6.5 billion to produce solar panels, lithium-ion batteries, and allied solar products. The facility, set to begin with a production capacity of…
Airox Nigen has established a 600 MW solar module manufacturing line in Rohnat, Haryana, as part of its larger 2 GW renewable energy project. According to the company, the facility, located in a 17-acre renewable energy park, is positioned to become a significant hub for sustainable energy innovation. The 600 MW facility will serve as…
Hitachi Energy has introduced Nostradamus AI, a cutting-edge artificial intelligence (AI)-powered energy forecasting solution. The solution leverages over 30 years of energy market data to provide utilities, power system operators, energy producers, and traders with highly accurate forecasts tailored to energy-specific use cases. Nostradamus AI is designed to be one of the first AI-driven forecasting…
AM Green Ammonia India has entered into a binding power purchase agreement (PPA) with Gentari through its subsidiary, Gentari Renewables India Castor One. Under this long-term agreement, Gentari will supply 650 MW of round-the-clock (RTC), carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities. Gentari will develop approximately 2400 MWp of renewable energy capacity,…
The Ministry of New and Renewable Energy (MNRE) has announced the inclusion of solar PV cells in a newly introduced List-II under the Approved List of Models and Manufacturers (ALMM), set to take effect from June 1, 2026. This amendment expands the ALMM framework, which previously only covered solar modules. With the addition of solar…
Waaree Energies Limited has secured a 1 GW solar photovoltaic (PV) modules supply order from an Indian renewable energy company. The customer is engaged in owning, developing, and operating renewable power projects across India. The supply of these modules is planned for delivery during the financial years 2024-25 and 2025-26.
Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion. The proceeds will be used to support Solar91 Cleantech’s transition into an independent…
Premier Energies Limited plans to invest Rs 52.92 billion in manufacturing facilities for solar cells, modules, ingots, silicon wafers, and aluminium extrusions in Telangana. The initiative includes a 4 GW solar photovoltaic (PV) TOPCon cell and 4 GW PV TOPCon module manufacturing plant at Sitarampur, with an investment of Rs 33.42 billion. Telangana State Industrial…