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GCLSI and SAEL Forge New Path in Indian Market with 1.1 GW N-type High-efficiency Module Framework Agreement – EQ Mag

SUZHOU, China : GCL System Integration Technology Co., Ltd. (“GCLSI”) has signed a framework agreement for supply of 1.1 GW N-type high-efficiency modules with SAEL Industries Limited (“SAEL”), marking a new milestone for GCLSI in further expanding its global business operations. This project represents one of the biggest photovoltaic (PV) module procurements in the Indian […]

NHPC signs MoU with RITES, Ministry of Railways for construction of railway siding for Dibang Multipurpose Project, Arunachal Pradesh – EQ Mag

NHPC Limited, India’s premier hydropower company, has signed an MoU with RITES, a Miniratna Schedule ‘A’ Central Public Sector Undertaking under the Ministry of Railways, for construction of railway siding at Pasighat, Arunachal Pradesh, for NHPC’s 2,880 MW Dibang Multi Purpose Project. The strategic partnership between NHPC and RITES complements the expertise of both organizations. […]

IREDA signs MoU with Government, Revenue Target for 2023-24 set at ₹ 4,350 crores – EQ Mag

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department […]

Tata Power Renewable Energy Limited signs PPA for 9MWp on campus solar plant with Tata Motors for Pantnagar plant in Uttarakhand – EQ

This plant will be the largest ever on campus capacity at a single location in the state Installation will lead to an estimated carbon emission reduction of 25 tonnes of CO2/kWp in the state Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of Tata Power, signed […]

Southeast Asia’s renewable investment to top $76 billion by 2025, boosting energy independence and competitiveness

Southeast Asian national oil companies (NOCs) and traditional upstream players are progressively focusing on cleaner and more environmentally friendly energy initiatives. Rystad Energy’s analysis reveals a consistent commitment to these initiatives in the years to come, with investments set to exceed $76 billion from 2023 to 2025. The upward trend is set to continue, with […]

Growatt Unveils the ‘MID 33-50KTL3-X2’: An Innovative C&I Solution for India – EQ Mag

Growatt, a global leading distributed energy solution provider, has established a mature development platform that enables us to develop and iterate products efficiently. Guided by our diligent R&D team’s unwavering efforts, we proudly introduce our latest gem – the ‘MID 33-50KTL3-X2’ inverter, poised to address critical challenges faced by the rapidly developing photovoltaic (PV) industry. […]

ReNew Announces Results for the First Quarter (Q1 FY24) and Fiscal 2024 – EQ Mag

GURUGRAM, India : ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), a leading decarbonization solutions company, today announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023. Operating Highlights: As of June 30, 2023, the Company’s portfolio consisted of 13.7 GWs, a 6.3% increase year on year, […]