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SECI awards 6.25 MW rooftop solar projects under RESCO auction
The Solar Energy Corporation of India (SECI) has announced the results of its 6.25 MW grid connected rooftop solar projects auction conducted under the renewable energy service company mode. The projects will be implemented at government institutions across six Indian states. Enfros Solutions emerged as one of the successful bidders. The company will set up…
Ecozen secures $23 million debt funding for clean energy solutions
Ecozen, a clean energy technology company, has raised over $23 million in debt funding from investors including responsAbility Investments, Northern Arc Capital, and Maanaveeya Development & Finance. The funds will support the scaling of flagship solutions like Ecotron, Ecofrost, and advanced motor control systems, as well as domestic and international expansion. The company has achieved…
Toyota Tsusho expands Gulf of Suez Wind Farm II to 654 MW capacity
Toyota Tsusho Corporation, alongside Eurus Energy, Engie S.A., and Orascom Construction PLC, has announced an expansion of the Gulf of Suez Wind Farm II in Egypt, increasing its capacity from 504 MW to 654 MW. This development will make it the largest wind farm in Africa by installed capacity, aligning with Egypt’s goal to generate…
Lightsource bp begins construction on Goulburn River Woolooga BESS
Lightsource bp has commenced construction on its Goulburn River hybrid solar project and Woolooga battery energy storage system (BESS) in New South Wales and Queensland, Australia, respectively. These projects integrate solar power with battery storage to provide reliable renewable energy solutions. The Goulburn River solar farm, with a capacity of 585 MW, will generate 1.3…
Shakti Pumps secures Rs 239.1 million order for solar water pumping systems
Shakti Pumps Limited has received a letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) to install 877 solar photovoltaic water pumping systems across Maharashtra. The project falls under Component B of the PM-KUSUM scheme for promoting solar energy in agriculture. The contract is valued at approximately Rs 239.1 million and is set…
ACME Solar secures Rs 1,100 crore refinancing for Rajasthan project
ACME Solar Holdings Limited has arranged Rs 1,100 crore for refinancing debt for a 300 MW renewable energy project in Rajasthan and lowering borrowing costs by about 100 basis points. The project has been operational for six months and has maintained stable capacity utilisation factor (CUF) levels during this period. The refinancing has been arranged…
