ResponsAbility to invest in Ampin Energy Transition

Vikram Solar Wins 397.7 MW Module Supply Contract for NTPC's Gujarat Solar Project

Vikram Solar has been awarded a significant contract to supply 397.7 megawatts (MW) of solar modules for an upcoming project by NTPC in Gujarat. This agreement underscores Vikram Solar's pivotal role in supporting India's renewable energy ambitions, particularly in expanding solar power generation capacity.

The project, spearheaded by NTPC, one of India's largest power generation companies, aims to enhance Gujarat's renewable energy infrastructure. It aligns with India's national goals of achieving substantial renewable energy penetration and reducing carbon emissions.

Vikram Sol..

TCC seeks bids from developers for a 22 MW renewable energy project

Travancore Cochin Chemicals (TCC) is seeking bids from developers for a 22 MW renewable energy project to be implemented under a group captive model. The deadline for bid submissions is June 19, 2024.

Interested bidders are required to pay a tender fee of Rs 1,000 and an earnest money deposit (EMD) of Rs 500,000. The successful bidder will need to furnish a security deposit equivalent to 10% of the annual energy bill value to ensure contract performance, with the EMD being adjusted against this deposit.

The contract duration will span 20 years from the delivery date. Power can be..

Solar financier Aerem acquired Spinkraft Ventures; establish platform

Aerem, an Indian solar financing firm, has acquired Spinkraft Ventures, a solar equipment distributor, to establish a comprehensive platform covering the entire solar energy value chain, aiming to become India's sole full-stack platform for solar solutions.

The financial details of the acquisition were not disclosed by the company. Founded in 2021, Spinkraft Ventures specialises in the sales and distribution of solar products across India. By integrating Spinkraft into its operations, Aerem seeks to utilise its distribution capabilities to offer complete solar solutions to customers.