Author: PPD Team Date: 26/11/2024
Waaree Technologies Limited has received a purchase order from Waaree Renewable Technologies Limited for 530 solar kits, comprising batteries and solar-powered street lights.
The order is scheduled for delivery within eight weeks and has been conducted on an arm’s length basis.
Author: PPD Team Date: 06/01/2025 The US Bureau of Ocean Energy Management (BOEM) has launched a process to consider offshore wind energy leasing off the coast of Guam, a US Pacific territory. A Call for Information and Nominations has been issued to gather public input and identify potential leasing areas. This initiative aligns with Guam’s renewable energy targets of 50% by 2035 and 100% by 2045, as well as the US administration’s goal of installing…
Author: PPD Team Date: 29/10/2024 Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the…
Author: PPD Team Date: 05/03/2025 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for electromechanical (E&M) works at the 240 MW Heo Hydro Electric Project in Arunachal Pradesh. The bidding process, announced on February 27, 2025, will close on April 16, 2025. The project, located in Shi Yomi District, received approval from the Cabinet Committee on Economic Affairs in November 2024, with an investment of…
Author: PPD Team Date: 06/11/2024 India is overhauling its electricity demand forecasting approach to better align generation capacity with actual needs and support grid stability amid growing clean energy volumes. The Central Electricity Authority (CEA) is collaborating with weather agencies for enhanced environmental data and plans to increase forecast frequency, transitioning from assessments every five years to a two-year and eventually annual schedule, according to Chairperson Ghanshyam Prasad. Rising usage of intermittent solar and wind…
Author: PPD Team Date: 21/02/2025 Waaree Renewable Energy Technologies Limited, formerly Sangam Renewables Limited, secured a contract from Khaba Renewable Energy Private Limited, a wholly-owned subsidiary of Engie, to supply solar modules for a 250 MW (362.5 MWp) ISTS-connected solar power project in Barmer, Rajasthan. The project, awarded under NHPC Limited, was announced on February 19, 2025. The supply of modules is expected to begin in the financial year (FY) 2026. In November 2023, Solairedirect…
Author: PPD Team Date: 10/04/2025 Waaree Renewable Technologies Limited (WRTL) has been officially listed on the National Stock Exchange of India (NSE), marking a key milestone for the company. The NSE listing is expected to strengthen Waaree’s market presence, improve investor engagement, and support access to capital for future expansion. WRTL plans to scale its solar capacity, explore hybrid energy solutions, and expand its footprint in both Indian and global markets. A subsidiary of Waaree…