Oct 172 min read

OneShot: A quick view on Renewable energy NEWS.

VA Tech WABAG bags Rs 1000 cr order from Indosol Solar :

Water treatment player VA Tech WABAG Ltd has bagged an order worth Rs 1,000 crore from Indosol Solar Pvt Ltd to set up a sea water desalination plant, marking its foray into the solar photo-voltaic segment. According to the city-headquartered firm, the scope of the order includes engineering, procurement, design, supply, installation, testing and commissioning of the 100 million litre per day sea water desalination plant at the company's solar photo-voltaic manufacturing facility in neighbouring Andhra Pradesh.

Mahindra Solarize aims for top 3 position in rooftop solar EPC market with 25% annual growth :

Mahindra Solarize – the Mahindra group’s solar solutions brand in the renewable energy space - is poised to remain among the top three players in the EPC segment in rooftop solar (RTS) growing 20-25% annually, said Hemant Sikka – President, Farm Equipment Sector, Mahindra & Mahindra.

Avaada Energy refinances Rs 597 crore for solar projects in Karnataka, Maharashtra :

Renewable energy player Avaada Energy, an arm of Avaada Group, has closed Rs 597 crore in refinancing for its commercial and industrial (C&I) solar projects in the states of Karnataka and Maharashtra, the company said on Tuesday.

With Slowing Capacity, India Needs To Do This To Meet 293-GW Solar Target :

India needs to add solar capacity in a timely manner, boost battery energy storage, and increase solar component manufacturing.India's solar energy capacity has surged from 2.82 GW in fiscal 2014 to 81.8 GW in fiscal 2024, significantly boosting its renewable energy portfolio. But to reach its 293 GW solar capacity target by fiscal 2030, the industry must address key factors.

India Is Finally Becoming a Clean Energy Superpower :

The nation has emerged from years of policy chaos, and the implications for the world’s carbon footprint could be profound.(Bloomberg Opinion) -- It’s better to under-promise and over-deliver. India’s clean power industry is finally making good on that dictum.

Smallcap stock jumps after company to acquire 100% stake in solar energy firm :

Shares of this flagship company of RP-Sanjiv Goenka Group in the business of electricity generation and distribution rose nearly 2 percent after an agreement to acquire a 100 percent stake in Deshraj Solar Energy Pvt. Ltd., a renewable energy company, through its subsidiary.

A Defence Lab Taps Solar Energy To Keep Indian Soldiers Warm In Ladakh :

A small defence research lab is actively finding solutions on how to efficiently tap solar energy to keep soldiers' shelters warm during winters in the Ladakh sector. The Indian army is sitting in an eyeball-to-eyeball confrontation with the Chinese and needs warm habitations.

Karnataka Plans Rooftop Wind Aero Turbines, Issues Draft Rules :

The Karnataka Electricity Regulatory Commission (KERC) has now issued draft norms to introduce grid-connected rooftop aero turbines in the state. The draft norms put forth by the state power regulator said that these systems could be installed onto the rooftops with or without rooftop solar systems.