Author: PPD Team Date: 12/12/2024
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Waaree Renewable wins EPC contract for 2012.47 MWp solar project
Author: PPD Team Date: 28/11/2024 Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project. The project is valued at approximately Rs 12.33 billion, excluding levies.
PM Modi inaugurates solar EV charging carport at Statue of Unity
Author: PPD Team Date: 05/11/2024 Prime Minister Narendra Modi inaugurated a solar-powered electric vehicle (EV) charging carport at the Statue of Unity in Kevadia, Gujarat. Developed by Convergence Energy Services Ltd (CESL), an Energy Efficiency Services Ltd subsidiary, this initiative underscores the government’s commitment to clean energy and green mobility. With backing from the Asian Development Bank (ADB), the carport has bi-facial mono-crystalline solar modules and a battery energy storage system (BESS). This facility, with…
Mizoram launches rooftop solar initiative under PM-SGMBY
Author: PPD Team Date: 13/12/2024 Mizoram’s power and electricity minister has introduced a new initiative under the PM-Surya Ghar Muft Bijli Yojana (PM-SGMBY), enabling households to install rooftop solar systems with substantial government subsidies. The scheme is available exclusively to Indian citizens who are current electricity consumers with good payment records and is limited to private residential properties. In partnership with 12 authorised vendors, the state government facilitates installations, with financial support available through national…
Solar Landscape raises $847 million for rooftop solar projects
Author: PPD Team Date: 12/12/2024 Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024. This funding will support the deployment of over 200 rooftop solar installations across the country. Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop space. The financing was raised through partnerships with 10 investors and counterparties, including KeyState Renewables,…
Hindustan Zinc to procure 530 MW of RE from Serentica Renewables
Author: PPD Team Date: 23/10/2024 Hindustan Zinc has entered into a group captive arrangement with Serentica Renewables to secure 530 MW of round-the-clock (RTC) renewable power. The agreement involves Hindustan Zinc investing Rs 3.27 billion to acquire a 26% stake in Serentica and its affiliates. Serentica will develop captive renewable energy projects across India to supply power to Hindustan Zinc over 25 years, with projects commissioned in phases starting from 2027. This arrangement, which includes…
Netinium and Wirepas partner for smart metering solutions
Author: PPD Team Date: 18/10/2024 Netinium and Wirepas have announced a partnership to enable scalable and standardized smart metering solutions for utilities globally. The collaboration leverages Wirepas’ non-cellular 5G RF mesh connectivity, which utilizes license-exempt spectrum, and Netinium’s next-generation multi-vendor smart meter head-end system (HES). This partnership addresses the increasing demand for faster and more extensive data collection in smart metering, acting as a critical clearing point between energy systems and “behind-the-meter” assets. Wirepas’ decentralized…
Waaree Renewable wins EPC contract for 2012.47 MWp solar project
Author: PPD Team Date: 28/11/2024 Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project. The project is valued at approximately Rs 12.33 billion, excluding levies.
PM Modi inaugurates solar EV charging carport at Statue of Unity
Author: PPD Team Date: 05/11/2024 Prime Minister Narendra Modi inaugurated a solar-powered electric vehicle (EV) charging carport at the Statue of Unity in Kevadia, Gujarat. Developed by Convergence Energy Services Ltd (CESL), an Energy Efficiency Services Ltd subsidiary, this initiative underscores the government’s commitment to clean energy and green mobility. With backing from the Asian Development Bank (ADB), the carport has bi-facial mono-crystalline solar modules and a battery energy storage system (BESS). This facility, with…