Author: PPD Team Date: 23/01/2025
Reliance Energy Limited (REL), a subsidiary of Reliance Infrastructure Limited, has established two wholly-owned subsidiaries to implement renewable energy (RE) projects in India.
The subsidiaries, Reliance Zetta SolarTech Private Limited and Reliance Zetta Solar Private Limited, will focus on solar and other RE power generation projects, as well as associated transmission and distribution projects.
Author: PPD Team Date: 12/11/2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to…
Author: PPD Team Date: 24/10/2024 Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
Author: PPD Team Date: 06/01/2025 Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance contract, and insurance coverage on a turnkey basis.
Author: PPD Team Date: 04/12/2024 Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land and subsurface resources, reducing reliance on fossil fuels and greenhouse gas emissions in the mining sector. This marks the first commercial pilot to retrofit a fossil-fuel-based power plant for geothermal energy. Quaise Energy’s millimetre wave…
Author: PPD Team Date: 23/10/2024 The US Bureau of Ocean Energy Management (BOEM) has completed an environmental review for six wind lease areas in the New York Bight, potentially generating up to 7GW of offshore wind energy. This development supports the Biden-Harris administration’s goal of deploying 30GW of offshore wind capacity by 2030. The lease areas span 488,000 acres off the coasts of New York and New Jersey, with the potential to supply power to…
Author: PPD Team Date: 20/12/2024 Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy. The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions. Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
Author: PPD Team Date: 12/11/2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to…
Author: PPD Team Date: 24/10/2024 Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
Author: PPD Team Date: 06/01/2025 Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance contract, and insurance coverage on a turnkey basis.
Author: PPD Team Date: 04/12/2024 Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land and subsurface resources, reducing reliance on fossil fuels and greenhouse gas emissions in the mining sector. This marks the first commercial pilot to retrofit a fossil-fuel-based power plant for geothermal energy. Quaise Energy’s millimetre wave…
Author: PPD Team Date: 23/10/2024 The US Bureau of Ocean Energy Management (BOEM) has completed an environmental review for six wind lease areas in the New York Bight, potentially generating up to 7GW of offshore wind energy. This development supports the Biden-Harris administration’s goal of deploying 30GW of offshore wind capacity by 2030. The lease areas span 488,000 acres off the coasts of New York and New Jersey, with the potential to supply power to…
Author: PPD Team Date: 20/12/2024 Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy. The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions. Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
Author: PPD Team Date: 12/11/2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to…
Author: PPD Team Date: 24/10/2024 Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.