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🔋 SWELECT forms 50:50 JVs with FortifyGrid for Solar BESS in India & Singapore 👉🏻 Approves JV with FortifyGrid LLC, USA to incorporate SWELECT FortifyGrid India Pvt Ltd 👉🏻 Shareholding: 50% SWELECT & 50% FortifyGrid 👉🏻 Focus: Design, engineering, procurement & installation of Solar BESS projects 👉🏻 Initial subscription: ₹5,00,000 each; 5000 shares of ₹10 each by both partners 👉🏻 Separate JV through SWELECT Singapore to develop Solar BESS in Singapore & ASEAN region #SWELECTES #SolarBESS #EnergyStorage
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ACME Solar ☀️ 220 MW Solar BESS Win Secured LOA from Rewa Ultra Mega Solar for 220 MW Solar BESS project at Morena Solar Park, MP. Key Details: - Includes 4-hour BESS (morning & evening peak supply) - Tariff: ₹2.764/unit; 25-year PPA - SCOD: Dec 31, 2027 Impact: Positive 🟢 #ACMESolar #SolarBESS #Renewables #MorenaSolar #HybridPower
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