NextEnergy Capital (NEC) announced that its latest international OECD Fund, NextPower V ESG (NPV ESG), has inked a binding agreement to acquire a 248 MW portfolio of 12 solar PV projects located in North-Eastern Spain. This portfolio represents the fourth investment for the Fund. This acquisition follows the recent...
AXITEC has inaugurated a new manufacturing plant in Tiruvallur, Tamil Nadu, with a production capacity of 300 MW. It will manufacture the latest NType TOPCon technology solar modules. The plant has already begun operations and is in the process of getting Approved List of Models and Manufactures (ALMM) certification. New...
The Ministry of New and renewable energy has released new guidelines for the model solar village component under the PM Surya Ghar: Muft Bijli Yojana. While the scheme is aimed at installation of solar panels on residential rooftops, this component aims to create one model solar village in every...
JERA Nex has purchased two US solar projects with a combined capacity of 395 MW from Lightsource bp. The transaction has gained all regulatory clearances, is JERA Nex’s first since its establishment in April. It includes its first US solar assets: the 300 MW Oxbow solar farm in Louisiana...
Jakson Engineering Limited has signed a Memorandum of Understanding (MoU) with the State Bank of India (SBI) to set up solar projects to a wide range of consumers across commercial, industrial, and institutional sectors. This partnership comes under the Surya Shakti Solar finance initiative. It will combine SBI’s banking...
Mumbai : In a significant move to promote solar energy adoption across India, Jakson Engineers Limited has signed a Memorandum of Understanding (MOU) with the State Bank of India (SBI). This collaboration, part of the SURYA SHAKTI SOLAR FINANCE initiative, aims to empower a broad range of consumers across commercial,...
MSpectrum Incorporation, a subsidiary of Manila Electric Company (Meralco), has partnered with Excelitas Technologies Corporation’s local unit for a solar energy project in Cabuyao, Laguna, Philippines. This collaboration aims to enhance renewable energy adoption in the region by installing a 116 kWp solar facility at Excelitas Technologies Philippines Incorporation’s manufacturing...
Sun Drops Energia Private Limited, a wholly owned subsidiary of KPI Green Energy Limited, has received letters of intent (LoI) for executing solar power projects with a cumulative capacity of 28.40 MW under the captive power producer (CPP) business segment of the company. The projects are scheduled to be completed...
Tata Power Renewable Energy Limited (TPREL), through its subsidiary, TP Parivart Limited, has signed a power delivery agreement (PDA) with Tata Steel Limited for a 70 MW group captive solar power plant at Akola, Maharashtra. The project is expected to produce 154 million units of power annually and reduce carbon...
Emcure Pharmaceuticals Limited together with its subsidiary Gennova Biopharmaceuticals Limited has announced the signing of a 22.78 MWp DC solar power purchase Agreement (PPA) with Sunsure Energy. Through this partnership, Emcure and Gennova will receive approximately 36 million units of clean, renewable energy annually for their Pune plants. The partnership...