Union Minister inaugurates 150-KW rooftop solar plant at GSI Hyderaba
Author: PPD Team Date: October 15, 2024
Author: PPD Team Date: October 15, 2024
Author: PPD Team Date: November 26, 2024 Rajesh Power Services Limited has launched its initial public offering (IPO), open for subscription until November 27, 2024. The IPO is valued at Rs 1.61 billion, with a price band of Rs 319 to Rs 335 per equity share, each with a face value of Rs 10. The issue includes a fresh offering of 2.79 million equity shares and an offer-for-sale of 2 million shares via the book-building…
Author: PPD Team Date: February 5, 2025 Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and Renewable Energy (MNRE) to establish a manufacturing plant for high-efficiency tandem solar cells. The company’s innovative tandem cell achieves 29.8 per cent sunlight-to-electricity conversion, surpassing the 23 per cent efficiency of conventional solar cells. This technology combines silicon with cadmium telluride (CdTe) and a perovskite-structured material to absorb a broader…
Author: PPD Team Date: October 30, 2024 The US Department of Energy (DOE) has allocated $474 million in grid resilience funding for fiscal year 2024 (FY24) to enhance the power grid’s resilience across 49 states, five territories, 254 tribal nations, and the District of Columbia. Supported by the Bipartisan Infrastructure Law, the funding aims to strengthen power grids against extreme weather events intensified by climate change, as part of the Biden-Harris Administration’s commitment to reliable,…
Author: PPD Team Date: December 18, 2024 Japan’s industry ministry has released a draft of its new basic energy plan, targeting a power generation mix with 40–50% renewable energy and 20% nuclear energy by fiscal 2040, as reported by Jiji Press via The Japan News. The draft marks a major shift from policies following the 2011 Fukushima disaster, removing language on reducing nuclear reliance. Instead, it includes strategies to rejuvenate ageing reactors and develop next-generation…
Author: PPD Team Date: August 3, 2024 HPL Electric & Power Ltd announced that its outstanding order book as of July 30, 2024, stands at over Rs. 37 billion. This substantial order book indicates a strong pipeline, ensuring sustained revenue generation and growth opportunities for the company. The company has bolstered its leadership in the smart metering sector, reporting a 35.67% year-on-year increase in revenue from its Metering, Systems & Services segment. This growth is…
Author: PPD Team Date: December 12, 2024 INOXGFL Group has launched Inox Solar to venture into solar manufacturing, targeting an initial capacity of five GW for solar modules and 2.5 GW for solar cells by 2026. The promoters plan to invest Rs 15 billion in this initiative. The first solar module manufacturing plant, with a 1.2 GW capacity for TopCon modules, is being set up in Gujarat and is expected to become operational by March…