In Short : Rays Power Infra successfully secured ₹54 crore through a pre-IPO placement. This move underscores investor confidence in the company’s growth prospects. The funds raised will likely bolster Rays Power Infra’s expansion plans, further strengthening its position in the renewable energy sector. This development sets the stage for potential market debut anticipation and […]
NEC ‘beating cheaper competitors’ to China projects
NEC has now executed five grid-scale battery energy storage projects in China and been awarded another, winning deals in spite of what a company representative described as “aggressive” price competition from domestic vendors. The Massachusetts-headquartered distributed energy division of the Japanese NEC Corporation, NEC Energy Solutions, has commissioned two 9MW projects in Ordos City, Inner […]
