Insolation Energy Ltd., via its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Rs 714 million purchase order from ACME Cleantech Solutions Private Limited.
The order is for the supply of solar PV modules.
Recently, Insolation Energy won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan.
SSE has commenced earthworks for the Aberarder wind farm, a major renewable energy project in the Scottish Highlands. Located in Strathnairn near Inverness, the 50 MW wind farm will power 60,000 homes annually and displace 30,000 tonnes of CO₂ equivalent in its first year of operation. The project involves a £100 million investment by SSE and will feature 12 turbines supplied and installed by Vestas. The final investment decision was made in May 2024, with…
Poseidon Cables has secured a contract with NCT Offshore to provide cable pre-rigging and pull-in services for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. Located 35-60km offshore Changhua County, the project will become Taiwan’s largest wind power complex, generating electricity to supply one million households annually. Poseidon Cables’ role involves preparing and pulling in inter-array cables, a critical step toward operationalizing wind farms. This contract underscores Poseidon Cables’ standing as a…
The Irish government’s Department of the Environment, Climate and Communications has released crucial geophysical data for the country’s second offshore wind auction, ORESS Tonn Nua, aimed at securing 900 MW of clean energy from a site off County Waterford. The bidding is scheduled for early 2025, following the finalization of auction terms on October 30, 2024. This auction will be Ireland’s first conducted under the South Coast Designated Maritime Area Plan (SC DMAP), the state’s…
Renewable energy company ReNew Energy Global reported a net profit of Rs 610 million in Q4 FY24, a sevenfold increase from the corresponding quarter of the previous fiscal. This surge was driven by higher finance income and lower expenses. Despite the profit jump, Q4 revenue fell by 4.4% to Rs 24.78 billion from Rs 25.92 billion in the same quarter last fiscal, due to lower earnings from transmission projects. For FY24, ReNew reported a net…
Avaada Energy, part of Avaada Group, has secured approximately Rs 5.97 billion in refinancing for its commercial and industrial (C&I) solar projects in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), a debt fund focused on operational infrastructure projects. Avaada’s solar projects supply power to major corporations such as Bharti Airtel, Motherson, Bharat Forge, STT, Nxtra Data, and Lumax, supporting their energy transition initiatives. The refinancing deal allows Avaada…
Honeywell Automation India (HAIL) has commissioned a microgrid battery energy storage system (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This project marks the first non-containerized BESS approved by SECI and integrates Honeywell’s advanced Energy Management System (EMS) and microgrid controller to manage renewable energy distribution. As part of the initiative, Honeywell supplied its EMS, power plant controller, and various BESS sub-systems. The company provided an end-to-end solution for…
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