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Waaree Renewable wins bid for 170 MW in Neemuch Solar Park Project
Waaree Renewable Energy Technologies Limited has won bids to set up a 170 MW capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The company quoted a tariff of Rs 2.15 per kWh for the project. The Rewa Ultra Mega Solar Limited (RUMSL), a joint venture of Solar Energy Corporation of…
Amazon, Global Optimism, and partners launch network of EV charging stations in Bengaluru
Amazon and Global Optimism, co-founders of The Climate Pledge, have announced a joint initiative, JOULE (Joint Operation Unifying Last-mile Electrification), to build a shared network of electric vehicle (EV) charging stations in Bengaluru. The project, supported by Pledge signatories like Mahindra Logistics, HCLTech, Greenko, and Deloitte, along with partners Kazam and Magenta Mobility, will see…
Tamil Nadu solar potential highest in Virudhunagar, 205 GW feasible
Virudhunagar leads Tamil Nadu’s districts with the highest solar potential at 204,765 MWp, equivalent to around 205 GW. Ground-mounted solar potential is estimated at 24 GW in Virudhunagar, 13 GW in Trichy, and 12 GW each in Tirunelveli and Tuticorin, with other districts below 10 GW. A 50 MW SPV plant requires approximately 0.29 km²…
AmpereHour Energy and Bhilwara Energy secure funding for expansion
AmpereHour Energy has raised USD 5 million (Rs 436 million) in a Series A funding round led by climate-focused fund Avaana Capital, with participation from UC Impower and existing angel investors. The company plans to use the capital to expand its manufacturing and software capabilities, strengthen research and development, and enhance product development. Additionally, AmpereHour…
Enviro Infra Engineers acquires full stake in Sunaxis Renewables
Enviro Infra Engineers Limited has approved the acquisition of a 100 per cent equity stake in Sunaxis Renewables Private Limited from its wholly owned subsidiary, EIE Renewables Private Limited. Following the transaction, Sunaxis Renewables will become a step-down wholly owned subsidiary of Enviro Infra Engineers. Sunaxis Solar Power Private Limited focuses on solar solutions for…
Solarworld Energy raises Rs 1.1 billion in pre-IPO placement round
Solarworld Energy Solutions Limited has raised Rs 1.1 billion through a pre-IPO placement, reducing the fresh issue component of its IPO from Rs 5.5 billion to Rs 4.4 billion. Initially, the company planned to raise Rs 6 billion, as per the draft red herring prospectus (DRHP) filed with SEBI in September. The IPO includes Rs…
