India’s Rays Power Infra, a solar energy provider, has secured solar projects worth INR940 crore (~$111.8 million), adding 362 MW of solar capacity in Rajasthan. Alongside the solar projects, Rays Power Infra has also secured a 600 KW/3000 KWh flow battery project from NTPC. The energy storage project will help to improve the integration of intermittent renewable energy into the grid, enhancing reliability and stability. Rays Power Infra had grown into a well-established player in turnkey solar engineering, procurement, and construction (EPC) services.
Rays Power Infra Secures INR940 Crore PV Projects in India
Securing projects worth INR940 crore marks a major push for Rays Power Infra, a step toward enhancing India’s renewable energy transition. (Image Credit/Source: TheOtherKev/Pixabay)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)