GP Eco Solutions intends to utilize INR 12.45 crore of the IPO proceeds to meet its working capital requirements and invest INR 7.6 crore in its subsidiary Invergy India to procure plant and machinery and set up a new facility.GP Eco Solutions India, an integrated...
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Analysis from research firm Wood Mackenzie shows solar remained the most awarded form of renewable energy in government tenders last year, but its share of total volume dropped from 59% to 44%. In 2024, government tenders are predicted to at least match 2023 levels.Research firm...
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Energy Vault has connected its 25 MW/100 MWh EVx gravity-energy storage system (GESS) in China. Once provincial and state approvals are obtained to start operating, it will become the world’s first commercial, utility-scale, non-pumped hydro GESS. Meanwhile, its partners China Tianying (CNTY) and Atlas Renewable...
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The Dept. of Commerce released preliminary findings that the governments of China, Indonesia, Mexico and Turkey harmfully subsidize their aluminum extrusion industries. Commerce calculated preliminary countervailing duties from each country in the following ranges: imports from China at rates of 15.41% to 169.66%, imports from...
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A group of U.S. Senators sent a letter yesterday to Sec. of the Treasury Janet Yellen asking for her department to reconfigure guidelines set forth in the Inflation Reduction Act to encourage silicon solar wafer manufacturing in the United States. Sen. Jon Ossoff (D-GA) led...
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The 300 MW solar plant, connected to the inter-state transmission system, will supply power to commercial and industrial customers nationwide.Amplus Solar announced this week the commissioning of its 360 MWp inter-state transmission system (ISTS) solar plant, Project Jai, in the Jaimalsar village under the Bikaner...
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