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Kalpataru Projects secures Rs 2,332 crore orders
Kalpataru Projects International Limited (KPIL) and its international subsidiaries have received new orders worth about Rs 2,332 crore. The projects cover power transmission and distribution (T&D) contracts in overseas markets and building and factory (B&F) projects in India. According to Managing Director and Chief Executive Officer Manish Mohnot, total order inflows in FY26 have reached…
GE Vernova unveils advanced containerized solution for energy storage
GE Vernova Inc. has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS) with a capacity of 5 MWh and an operational duration of 2-8 hours. Designed for utility-scale renewable and energy storage projects, the solution enhances grid reliability by storing excess energy during high-generation periods and releasing it…
EIB grants €120 million loan to Iberdrola for energy innovation in Spain
The European Investment Bank (EIB) has signed a €120 million loan agreement with Iberdrola to support research and innovation in energy technologies, focusing on accelerating electrification and decarbonisation. The total investment associated with these initiatives amounts to €250 million. The funding will be directed toward the development of renewable energy technologies, including solar photovoltaic, hydro,…
Saatvik Solar secures Rs 57 crore PV module supply order
Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, has received and accepted a solar photovoltaic (PV) module supply order worth Rs 57.03 crore. The order is from a domestic independent power producer or engineering, procurement and construction (EPC) player. The company disclosed the development to stock exchanges on Monday. It…
KPI Green wins Rs 1,050 crore LOI for RTC green power project
KPI Green Energy Limited has received a Letter of Intent from UAE-based FVE Lifecare General Trading LLC, part of the F Plus Group, for a 600 MW Round-the-Clock (RTC) Green Power Project valued at about Rs 1,050 crore. The agreement follows an earlier MoU with F Plus Healthcare Technologies. The project will supply captive and…
SAEL to set up 5 GW solar cell plant in Greater Noida
SAEL Industries Limited has announced plans to establish a solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The facility will have an annual production capacity of 5 GW and is expected to attract an investment of around Rs 50 billion. This marks SAEL’s entry into solar cell manufacturing. The company may also expand into…
