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Ahmedabad (Gujarat) [India], April 13 (ANI/PNN): Navitas Solar, a leading module manufacturing company from Surat, has onboarded Vadodara-based MECpower Solutions Ltd., a provider of end-to-end solutions in the renewable energy segment, as its sole distributor for solar modules for the Gujarat region; it seeks to tap the huge potential the state offers in the solar power space and expand the market. With exclusive distributor rights for two years, MECpower will distribute 100 MW of solar modules of Navitas Solar per year. The two partners aim to solarise more than 55,000 homes in the state through high-quality DCR & Non-DCR Poly and Mono PERC solar modules. The offering will be supported with digital & offline financing for consumers. "We are pleased to appoint MECpower Solutions Ltd. as the exclusive distributor for our solar modules in Gujarat. MECpower has a solid track record of over 30+ years of industrial experience and is one of the market leaders in Gujarat in sola ....
Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to grow its renewable business in India after its subsidiary Avaada Energy Private (Avaada) won an auction for a 421-megawatt solar farm project in the country. ....
Recently, a formal agreement was signed between Brookfield and entrepreneur Vineet Mittal - founder of the Avaada group, and the first tranche of $400 million has been disbursed. ....
Avaada Energy, a leading renewable energy company, has been awarded a 421 MW solar project from DVC. Read the latest news and updates on renewable energy at our website. ....
The project was awarded through a competitive bidding followed by an e-reverse auction in which Avaada emerged as the winner with a quoted tariff of Rs 2.70/kWh. ....