In Short : Ultraviolette Automotive has secured $21 million in funding, led by TDK Ventures, to accelerate its electric mobility growth. The funds will be used for product development, manufacturing expansion, and entry into global markets. The company aims to strengthen its position in high-performance electric motorcycles, advancing clean transportation and sustainable mobility solutions worldwide. […]
In Short : SCC Infrastructure and InSolare Energy have won SECI’s green ammonia auction under the SIGHT Scheme, securing a contract to supply 70,000 tonnes annually to Madhya Bharat Agro Products-III in Dhule, Maharashtra, at ₹53.05/kg. This fourth auction in the series advances India’s push for green hydrogen derivatives, supporting clean energy transition and sustainable […]
In Short : NTPC has won SECI’s maiden green ammonia auction, securing a key role in India’s emerging green hydrogen and ammonia sector. The victory highlights NTPC’s commitment to clean energy transition and aligns with national goals for sustainable industrial growth. The project will boost domestic green ammonia production, reducing reliance on imports and supporting […]
In Short : Promoters of CleanMax, a leading renewable energy solutions provider, have raised ₹400 crore in a pre-IPO funding round. The capital infusion will support the company’s growth plans, debt reduction, and expansion of its clean energy portfolio. This strategic move strengthens CleanMax’s position ahead of its anticipated initial public offering (IPO). In Detail […]
In Short : Suzlon Group has secured a 381 MW wind energy project from Zelestra India and its affiliates, marking its first Firm and Dispatchable Renewable Energy (FDRE) project. The project includes 127 S144 turbines across Maharashtra, Madhya Pradesh, and Tamil Nadu. This milestone boosts Suzlon’s clean energy portfolio and highlights growing confidence in its renewable […]
New Delhi – Rays Power Infra Limited, a leading solar EPC and renewable energy developer, proudly announces that it has secured 1,440 MW of Letters of Award (LOAs) through various tariff-based competitive bids over the past year. These awards span a diverse range of projects, including cutting-edge Firm and Dispatchable Renewable Energy (FDRE) projects and […]
In Short : Juniper Green Energy has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 100 MW wind energy project. The project is expected to be commissioned by July 2027. Additionally, GUVNL has issued a Letter of Intent for another 50 MW, further strengthening Juniper’s renewable footprint in Gujarat’s […]
In Short : Diamond Power Infrastructure has secured a ₹1,349 crore order from Adani Energy Solutions to supply conductors for various power transmission projects. This major contract strengthens Diamond Power’s position in the transmission sector and reflects growing demand for infrastructure in India’s power sector. The order is expected to significantly boost the company’s revenue […]
In Short : JSW Neo Energy, a JSW Energy subsidiary, signed a 25-year PPA with SECI under the FDRE Tranche IV scheme to supply 230 MW of firm, dispatchable renewable power at ₹4.98/kWh. This milestone strengthens JSW’s clean energy portfolio, boosting its under-construction capacity to 12.9 GW and aligning with its 2030 target of 30 GW generation capacity. […]
In Short : JSW Energy, through its arm JSW Renew Energy Forty Five, signed a 25-year power purchase agreement with BESCOM for a 100 MW solar project with 100 MWh battery storage in Karnataka’s Kalaburagi district. The tariff is set at ₹4.31/kWh. This brings JSW’s total locked-in energy storage capacity to 29.4 GWh, supporting its 40 GWh target by […]