December 7, 2024
Tata Power has inaugurated a solar cell and module manufacturing facility in Tamil Nadu with a production capacity of 4.3 GW. The plant, established with an investment of ₹4,300 crore ($508 million), spans 317 acres and is dedicated to serving India’s domestic solar market. According to Praveer Sinha, CEO of Tata Power, the plant’s production […]
December 7, 2024
Suzlon has strengthened its collaboration with JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, by securing an additional 302.4 MW wind power project in the Koppal region of Karnataka. This follows a 400 MW agreement signed last month, bringing the total capacity for Jindal Renewables to 702.4 MW. According to a press […]
December 6, 2024
Mahindra & Mahindra Limited has announced the incorporation of Target Hybren Private Limited, a wholly-owned subsidiary of Mahindra Susten Private Limited (MSPL). This new subsidiary was registered on December 6, 2024, in Mumbai, Maharashtra. MSPL is itself a subsidiary of Mahindra Holdings Limited, which is fully owned by Mahindra & Mahindra. The authorized and paid-up […]
December 4, 2024
Cyient DLM Limited, an electronics manufacturing company, has signed a Memorandum of Understanding (MoU) with Arcedo Systems to install a 500 kWp rooftop solar power plant at its facility in Mysore, Karnataka. Under the agreement, Arcedo Systems will handle the design, engineering, installation, and maintenance of the solar plant. The project will function on a […]
December 3, 2024
Waaree Energies Ltd. has secured orders for 524 MWp of solar photovoltaic (PV) modules, with deliveries scheduled across the fiscal years 2024-25 and 2025-26. The orders, totaling 364 MWp and 160 MWp, are from renewable energy developers and operators within India. These contracts follow earlier orders for 600 MWp and 180 MWp solar modules in […]
December 3, 2024
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project at Neemuch, Madhya Pradesh. The project, covering 1,635.63 acres, utilizes single-axis trackers and bifacial modules, which are expected to enhance system efficiency by over 15%. Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Limited, […]
November 26, 2024
Technip Energies has outlined plans to expand its operations in India, including launching a new research and development laboratory in Chennai in 2025. The laboratory will strengthen the company’s R&D capabilities in the region, according to Chief Operating Officer Loïc Chapuis, speaking at a recent capital markets day event. The company also announced its intention […]
November 25, 2024
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has entered into a joint venture agreement with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to establish renewable energy projects in Andhra Pradesh valued at Rs 2,00,000 crore. The collaboration involves the development of 25 GW of solar, wind, and hybrid energy […]
November 23, 2024
Avaada Group has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1,200 MW pumped storage project (PSP) in the Sirohi district. Named the Kadambari PSP, the project involves an investment of approximately ₹5,800 crore and is expected to be completed over five to seven years. The project is part of […]
November 23, 2024
Tata Power has entered into a $4.25 billion Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to explore financing options for renewable energy and power infrastructure projects in India. The agreement was formalized during the COP29 climate conference in Baku, Azerbaijan. The proposed projects include a 966 MW solar-wind hybrid facility, pumped hydro […]