Business

Investments in RE Sector Hit 8.5 Lakh Cr, 500 GW RE Capacity by 2030 on Track

The solar sector will play a major part in RE capacity growth. Solar capacity has surged from a mere 2.6 GW in 2014 to an impressive 91 GW today, with projections...

Business | October 15, 2024 | By Mrinmoy Dey 1515 readings

Gensol Engineering Bags AED 81.6 Mn Contract for 23 MWp Rooftop Solar Project in Dubai

Gensol Engineering has secured a contract worth AED 81.6 million (INR 186 crore) to design, construct, and manage rooftop solar PV systems for an aviation company's...

Business | October 14, 2024 | By Mrinmoy Dey 1766 readings

Premier Energies Bags Orders for Solar PV Cells and Modules Worth INR 765 Crore

Solar PV cells and modules manufacturer Premier Energies has received orders worth INR 632 crore for solar modules and INR 133 crore for solar cells from multiple...

Business | October 14, 2024 | By Mrinmoy Dey 1919 readings

Anant Badjatya Appointed as CEO of Indofast Swap Energy

SUN Mobility-IOCL have appointed Anant Badjatya as CEO of their joint venture, Indofast Swap Energy Pvt. Ltd. The venture aims to establish over 10,000 battery-swapping...

Business | October 11, 2024 | By EI News Network 2108 readings

Exide Industries Invests INR 100 Crore in Subsidiary Exide Energy Solutions

Exide Industries Ltd. has invested INR 100 crore in its subsidiary, Exide Energy Solutions Ltd., to support its greenfield lithium-ion battery plant in Bengaluru....

Business | October 11, 2024 | By EI News Network 1924 readings

AGEL Reports 34 Percent Capacity Growth, 20 Percent Energy Sales Increase in H1 FY25

Adani Green Energy Ltd. (AGEL) reported a 34 percent year-on-year increase in its operational capacity, reaching 11,184 MW in the first half of FY25, driven...

Business | October 11, 2024 | By EI News Network 1804 readings

IREDA Secures Government's Approval for Retail Subsidiary

IREDA has received in-principle approval from the Department of Investment and Public Asset Management (DIPAM), to establish a wholly-owned retail subsidiary.

Business | October 11, 2024 | By Abha Rustagi 1915 readings

IREDA Reports 36 Percent Surge in PAT to INR 387.75 Crore, Loan Sanctions Jump 206 Percent

IREDA's Q2 results show a 36 percent increase in Profit After Tax to INR 387.75 crore and a 206 percent rise in loan sanctions, totaling INR 8,723.78 crore....

Business | October 11, 2024 | By EI News Network 1545 readings

Driving India’s Transition to Global Manufacturing Hub

The Renewable Energy India Expo 2024, showcased innovations in solar modules, inverters, and energy management solutions, emphasising India's push towards self-reliance...

Business | October 10, 2024 | By Mrinmoy Dey 3113 readings

Premier Energies Secures 173.35 MWp Solar Module Deal for Barmer Project

Premier Energies has signed a Module Supply Agreement with BN Hybrid Power-1 Private Ltd., a special purpose vehicle of BrightNight India. to deliver 173.35...

Business | October 10, 2024 | By EI News Network 1957 readings

 
 
 
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