Similar Posts
Fourth Partner signs 28 MW hybrid deal with Hyundai Motor Group
Fourth Partner Energy Private Limited has signed an agreement to supply 28 MW from a wind-solar hybrid project in Tamil Nadu to Hyundai Motor Group. The deal expands an existing relationship that began with rooftop solar installations and has since evolved into a broader decarbonisation programme. The arrangement covers multiple Hyundai group entities, including Hyundai…
MNRE mandates IEC update on wind CCDC portal
The Ministry of New and Renewable Energy (MNRE) has directed all wind turbine and component manufacturers registered on the Certification & Concurrent Due Diligence Certificate (CCDC) Wind Portal to mandatorily update their Import Export Code (IEC) details in their user profiles. The direction was issued through a circular dated June 12, 2026. The ministry stated…
Refex Renewables issues Rs 1.05 billion NCDs
Refex Renewables & Infrastructure Limited has issued 105 senior, secured, unrated, unlisted, and taxable non-convertible debentures (NCDs) through private placement. The NCDs, with an aggregate value of Rs 1.05 billion, were allotted to the Northern Arc Emerging Corporates Bond Trust. They have a tenure of 20 months, starting from December 23, 2024, and maturing on…
Jakson Group to invest Rs 1 billion in distributed energy by FY26
Jakson Group will invest Rs 1 billion in its distributed energy business by 2025-26 to expand capacity and meet rising demand for backup and sustainable power. The company, which earns most of its revenue from diesel generators, is diversifying into solar, energy storage, and other green solutions. It aims to scale its business to Rs…
SRP and EDPR NA partner on 200 MW battery storage project in Arizona
Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America (EDPR NA), have announced a partnership to bring 200 MW of energy storage to Arizona’s grid. The Flatland Energy Storage Project, located near Coolidge, Arizona, will use Tesla-manufactured lithium-ion batteries and is expected to be operational by 2025. The 200…
Solex Energy and Advait Energy report FY 2024–25 performance
Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million. Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent…
