Mahindra & Mahindra has announced the incorporation of Steer Hybren, a new renewable energy subsidiary focused on solar power, energy storage, and distributed energy solutions. This strategic move will help drive India’s transition to sustainable energy, offering innovative clean energy solutions across commercial, industrial, and residential sectors.
Premier Energies' stock surged 4% following the announcement of Rs 1,087 crore in new orders for solar modules and cells from two major Independent Power Producers. With supply set to begin in January 2025, the company is poised for significant growth in the renewable energy sector.
Va Tech Wabag has landed a significant ₹1,000 crore contract with Indosol Solar to develop a state-of-the-art 100 MLD desalination plant in Andhra Pradesh. This project aims to enhance water security for the solar PV sector, utilizing advanced technologies for energy efficiency. Discover the implications for sustainability and the future of renewable energy in India.
Solex Energy's shares have surged to a record high following the company's announcement of a $1 billion expansion plan and a significant order win from Zodiac Energy. This blog explores the implications of these developments for investors and the broader renewable energy landscape in India.
Hartek Group has recently announced the successful acquisition of a significant 765 KV power systems project from Power Grid Corporation of India. This milestone complements their ongoing 300 MW energy project and highlights Hartek's commitment to renewable energy, having surpassed 10 GW in solar capacity. Explore how these developments position Hartek as a key player in India's energy transition and infrastructure enhancement.
Tata Power Renewable Energy has announced the successful acquisition of a 400 MW wind-solar hybrid project from MSEDCL, marking a significant milestone in Maharashtra's renewable energy landscape. This project not only aims to reduce carbon emissions by an estimated 895 million kilograms annually but also reinforces Tata Power’s commitment to sustainable energy solutions. With a total renewable capacity of 10.5 GW, TPREL is poised to play a vital role in India's transition to cleaner energy sources.
Torrent Power has unveiled a transformative ₹64,000 crore investment in green energy, promising to generate 26,000 jobs and accelerate India’s shift towards sustainability. Announced at the RE-INVEST conference, this major commitment highlights Torrent Power's role in advancing renewable energy and supporting economic growth. Explore the implications of this landmark pledge for India’s energy future and job market.