TAG: "C and I segment"

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KPI Green Energy Develops 15 MW Solar Power Plant for Aether Industries

Aether Industries has commissioned its full 15 MW solar power project with AutoTracker modules under the captive power producer segment, developed by KPIG Energia, a wholly-owned subsidiary of KPI Green Energy. The project is expected to deliver annual energy cost savings exceeding INR 150 million.

C And I Segment | December 30, 2024 | By Mrinmoy Dey | 737

Continuum Green Energy Files Draft for INR 3650 Crore IPO

Independent Power Producer Continuum Green Energy has filed a draft red herring prospectus (DRHP) with SEBI for an INR 3,650 crore IPO to fund debt repayment, corporate purposes, and expand its renewable energy projects across India.

C And I Segment | December 11, 2024 | By Mrinmoy Dey | 659

Green Energy Open Access Rules 2022 Spark 90 Percent Surge in C&I Open Access Capacity: IEEFA

The C&I open access market saw a 90.4 percent surge in installed capacity in FY 2024, reaching 18.7 GW, driven by regulatory clarity under the 2022 Green Energy Open Access Rules, according to IEEFA and JMK Research report.

C And I Segment | December 11, 2024 | By Mrinmoy Dey | 1175

REconnect Summit, Nagpur: Charting Path to Solar Energy Revolution in C&I and Residential

At the 2nd edition of REconnect Summit in Nagpur, panellists discussed the challenges surrounding land procurement for solar projects, the regulatory hurdles, and suggested measures to accelerate the growth of solar energy in the residential and the commercial and the industrial (C&I) segment in India.

C And I Segment | December 04, 2024 | By Mrinmoy Dey | 630

Mufin Green Finance Forays into Solar Financing, Targets to Fund Projects Worth INR 500 Cr by 2026

Mufin Green Finance has entered the solar financing sector with its first transaction of INR 3.25 crore, supporting the installation of a rooftop solar system at a manufacturing facility in Baroda. The company aims to fund INR 500 crore in solar projects and 2 lakh solar installations by 2026.

C And I Segment | December 04, 2024 | By Mrinmoy Dey | 802

SolarEdge Closes Utility-Scale Energy Storage Division

SolarEdge is closing its utility-scale energy storage division, and selling related assets to focus on core solar operations, including PV-attached storage and energy management for residential and C&I segments.

C And I Segment | November 29, 2024 | By Mrinmoy Dey | 710

Hyundai Motor India to Procure 118 MW RE Power from Fourth Partner Energy

Hyundai Motor India Ltd. has signed two 25-year power purchase agreements with Fourth Partner Energy to procure 75 MW of solar and 42.9 MW of wind power from the latter’s solar and wind projects in Tamil Nadu under a group captive model.

C And I Segment | November 21, 2024 | By Mrinmoy Dey | 724

India’s RE Capacity to Hit 250 GW Mark by March 2026: ICRA

Rating agency ICRA has predicted that India’s renewable capacity addition is estimated to exceed 26 GW in FY 2025 and further increase to 32 GW in FY 2026, driven by the large project pipeline. Energy storage requirement is estimated at nearly 50 GW by 2030 to integrate the rising share of renewables in the generation mix.

C And I Segment | November 19, 2024 | By Mrinmoy Dey | 617

Aditya Ultra Steel to Set Up 5 MWp Solar Plant at Jasdan, Rajkot

Aditya Ultra Steel Ltd., a rolled steel products manufacturer, has announced plans to set up a 5 MWp solar plant at its Jasdan, Rajkot factory, with an approximate investment of about INR 15.35 core, to reduce exposure to electricity price fluctuations and enhance sustainability.

C And I Segment | November 19, 2024 | By Mrinmoy Dey | 600

Strides Pharma Invests 1.61 Cr to Procure Solar Power from AMPIN’s Project in Chennai

Strides Pharma Science has invested INR 1.61 crore for a 2.48 percent stake in AMPIN Energy C&I One to procure solar power for its Chennai facility, aligning with its renewable energy goals.

C And I Segment | October 28, 2024 | By Mrinmoy Dey | 642