Category: All News

  • Founder Energy Secures RM6.05 Million Subcontract for 29.99 MWac Solar Project in Malaysia

    Founder Energy Secures RM6.05 Million Subcontract for 29.99 MWac Solar Project in Malaysia

    Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited, has been engaged as a subcontractor under Malaysia’s Corporate Green Power Programme (CGPP) for the procurement, electrical and mechanical installation and commissioning of a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah. The engagement is valued at RM6.05 million (approximately US$1.5 million).

    CGPP is a national mechanism enabling corporates to directly procure renewable energy from large-scale solar developers via the grid, supporting corporate decarbonization commitments while adding grid-scale renewable capacity in Malaysia.

    Malaysia’s renewable energy (RE) sector is undergoing rapid structural growth, driven by national policy initiatives under the National Energy Transition Roadmap (NETR), which targets 70% RE capacity by 2050. Driven by new market mechanisms: including the Corporate Renewable Energy Supply Scheme (CRESS), the launch of Solar ATAP (Solar Accelerated Transition Action Programme).

    In July 2026, the Ministry of Energy Transition and Water Transformation (PETRA) launched the Large-Scale Solar (LSS6) frameworks which offers 2,500MW solar capacity which expected to attract investment ranging RM13 billion to RM15 billion (approximately US$3.2 billion to US$3.7 billion).

    For Founder Group, the combination of CGPP’s corporate offtake demand and LSS6’s expanded utility-scale pipeline represents a significant tender book and order book opportunity. As energy-intensive businesses seek to insulate themselves from tariff volatility under Regulatory Period 4 (RP4) and fluctuating Automatic Fuel Adjustments (AFA), and as national utility-scale capacity targets accelerate, the Company expects growing demand for EPCC across both the large-scale solar and commercial and industrial (C&I) segments, alongside continued growth in operations and maintenance (O&M) services for the industry nationwide.

    Under the LOA, Founder Energy’s scope covers procurement, electrical and mechanical installation, and commissioning of the solar facility, excluding major equipment to be purchased directly by the main contractor. Founder Energy’s responsibilities include obtaining and maintaining all approvals, licenses, clearances and permits required for construction and operation, and delivering, installing, testing and commissioning the system up to the interconnection point in accordance with Prudent Utility Practices and Tenaga Nasional Berhad (TNB) requirements.

    Beyond the turnkey EPCC execution, Founder Group also provides long-term asset lifecycle management. The Company integrates the Company’s proprietary AI-driven Operations & Maintenance (O&M) technologies. Featuring AI-driven diagnostics, predictive maintenance algorithms, and drone-assisted visual and thermal inspection technologies designed to identify anomalies and detect module defects with minimal manual intervention, supporting uptime and performance across solar assets.

  • Founder Energy Secures RM6.05 Million Subcontract for 29.99 MWac Solar Project in Malaysia

    Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited, has been engaged as a subcontractor under Malaysia’s Corporate Green Power Programme (CGPP) for the procurement, electrical and mechanical installation and commissioning of a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah. The engagement is valued at RM6.05 million (approximately US$1.5 million).

    CGPP is a national mechanism enabling corporates to directly procure renewable energy from large-scale solar developers via the grid, supporting corporate decarbonization commitments while adding grid-scale renewable capacity in Malaysia.

    Malaysia’s renewable energy (RE) sector is undergoing rapid structural growth, driven by national policy initiatives under the National Energy Transition Roadmap (NETR), which targets 70% RE capacity by 2050. Driven by new market mechanisms: including the Corporate Renewable Energy Supply Scheme (CRESS), the launch of Solar ATAP (Solar Accelerated Transition Action Programme).

    In July 2026, the Ministry of Energy Transition and Water Transformation (PETRA) launched the Large-Scale Solar (LSS6) frameworks which offers 2,500MW solar capacity which expected to attract investment ranging RM13 billion to RM15 billion (approximately US$3.2 billion to US$3.7 billion).

    For Founder Group, the combination of CGPP’s corporate offtake demand and LSS6’s expanded utility-scale pipeline represents a significant tender book and order book opportunity. As energy-intensive businesses seek to insulate themselves from tariff volatility under Regulatory Period 4 (RP4) and fluctuating Automatic Fuel Adjustments (AFA), and as national utility-scale capacity targets accelerate, the Company expects growing demand for EPCC across both the large-scale solar and commercial and industrial (C&I) segments, alongside continued growth in operations and maintenance (O&M) services for the industry nationwide.

    Under the LOA, Founder Energy’s scope covers procurement, electrical and mechanical installation, and commissioning of the solar facility, excluding major equipment to be purchased directly by the main contractor. Founder Energy’s responsibilities include obtaining and maintaining all approvals, licenses, clearances and permits required for construction and operation, and delivering, installing, testing and commissioning the system up to the interconnection point in accordance with Prudent Utility Practices and Tenaga Nasional Berhad (TNB) requirements.

    Beyond the turnkey EPCC execution, Founder Group also provides long-term asset lifecycle management. The Company integrates the Company’s proprietary AI-driven Operations & Maintenance (O&M) technologies. Featuring AI-driven diagnostics, predictive maintenance algorithms, and drone-assisted visual and thermal inspection technologies designed to identify anomalies and detect module defects with minimal manual intervention, supporting uptime and performance across solar assets.

  • Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order worth ₹190 crore from a renowned domestic Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules.

    According to the company’s regulatory filing, the order has been awarded by a domestic entity and covers the supply of solar PV modules. The order is classified as a commercial contract and is scheduled to be executed by March 2027.

    The ₹190 crore order was received and accepted by Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy. The company has not disclosed the name of the IPP/EPC player that awarded the order.

    The company stated that the order does not involve any interest from its promoter or promoter group in the awarding entity. It also does not fall under related-party transactions.

    The latest order strengthens Saatvik Green Energy’s solar PV module business and adds to its commercial order pipeline as the company continues to cater to demand from the domestic renewable energy market.

  • Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order worth ₹190 crore from a renowned domestic Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules.

    According to the company’s regulatory filing, the order has been awarded by a domestic entity and covers the supply of solar PV modules. The order is classified as a commercial contract and is scheduled to be executed by March 2027.

    The ₹190 crore order was received and accepted by Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy. The company has not disclosed the name of the IPP/EPC player that awarded the order.

    The company stated that the order does not involve any interest from its promoter or promoter group in the awarding entity. It also does not fall under related-party transactions.

    The latest order strengthens Saatvik Green Energy’s solar PV module business and adds to its commercial order pipeline as the company continues to cater to demand from the domestic renewable energy market.

  • Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order worth ₹190 crore from a renowned domestic Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules.

    According to the company’s regulatory filing, the order has been awarded by a domestic entity and covers the supply of solar PV modules. The order is classified as a commercial contract and is scheduled to be executed by March 2027.

    The ₹190 crore order was received and accepted by Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy. The company has not disclosed the name of the IPP/EPC player that awarded the order.

    The company stated that the order does not involve any interest from its promoter or promoter group in the awarding entity. It also does not fall under related-party transactions.

    The latest order strengthens Saatvik Green Energy’s solar PV module business and adds to its commercial order pipeline as the company continues to cater to demand from the domestic renewable energy market.

  • Saatvik Green Energy Secures INR 190 Crore Solar PV Module Supply Order

    Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order worth ₹190 crore from a renowned domestic Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules.

    According to the company’s regulatory filing, the order has been awarded by a domestic entity and covers the supply of solar PV modules. The order is classified as a commercial contract and is scheduled to be executed by March 2027.

    The ₹190 crore order was received and accepted by Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy. The company has not disclosed the name of the IPP/EPC player that awarded the order.

    The company stated that the order does not involve any interest from its promoter or promoter group in the awarding entity. It also does not fall under related-party transactions.

    The latest order strengthens Saatvik Green Energy’s solar PV module business and adds to its commercial order pipeline as the company continues to cater to demand from the domestic renewable energy market.

  • Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech, an Indian manufacturer of transformers, packaged substations and clean-energy infrastructure, showcased its next-generation energy solutions at the India Energy Summit & Expo 2026 in Hyderabad, with its ME Energy 150 kW bioethanol-powered off-grid EV charger and Package Substation/Compact Substation platform attracting strong interest from senior government officials, Academicians and power-sector representatives.

    The sixth edition of the India Energy Summit & Expo was held on August 18-19, 2026 in Hyderabad, bringing together policymakers, utilities, technology providers, investors and industry leaders around India’s energy transition. The official event platform places sustainable mobility, smart energy, grid modernisation and clean-energy innovation among the areas of focus. Its Telangana energy roadmap highlights an expansion of EV charging infrastructure from 872 stations to 6,000 by FY30 and 12,000 by FY35.

    At the Trinity pavilion, senior visitors included Telangana Deputy Chief Minister and Minister for Finance & Planning, Energy, Bhatti Vikramarka Mallu; Telangana Special Chief Secretary, Energy, Sri Naveen Mittal, IAS; TGSPDCL Chairman & Managing Director Jitesh V. Patil, IAS; and APEPDCL Director (Projects) T.Vanaja. Several visitors also recognised the Trinity brand from transformers supplied during the company’s best of the quality delivered since 2013. For Trinity, the response was significant because the recognition came from field experience and long-term product performance rather than from current marketing alone.

    The ME Energy Rapid Charger 150 is a 150 kW DC fast charger with dual CCS2 outputs that generates electricity on site from liquid bioethanol, enabling EV charging without a conventional grid connection. Trinity identifies highways, fleet depots, mining and industrial sites, defence and strategic locations, rural hubs, construction sites and emergency-response applications among potential use cases.

    The technology also received national-level attention recently when Union Minister for Coal and Mines, G. Kishan Reddy participated in the inauguration of the ethanol-based mobile EV charging technology in Hyderabad. He highlighted its potential to promote green mobility, support ethanol use and reduce petroleum dependence.

    The company also showcased Package Substations from 250 kVA to 2500 kVA, up to 33 kV, integrating transformer, HV/LV switchgear, protection, metering and digital connectivity. The platform is SCADA ready and EMS compatible, making it relevant to grid-connected EV charging, industrial and infrastructure applications.

    On the participation Raj Kumar Medimi, Executive Director, Trinity Cleantech, affirmed “Today’s response at the India Energy Summit & Expo was particularly meaningful for Trinity. The interest in ME Energy and our Package Substations reflects the direction in which the energy sector is moving, but the recognition of Trinity from transformers supplied years ago was equally important. It reminded us that quality creates a legacy. We are now taking that engineering legacy into the next generation combining reliable electrical infrastructure with grid-independent EV charging and clean-energy technologies manufactured in Telangana.”

  • Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech, an Indian manufacturer of transformers, packaged substations and clean-energy infrastructure, showcased its next-generation energy solutions at the India Energy Summit & Expo 2026 in Hyderabad, with its ME Energy 150 kW bioethanol-powered off-grid EV charger and Package Substation/Compact Substation platform attracting strong interest from senior government officials, Academicians and power-sector representatives.

    The sixth edition of the India Energy Summit & Expo was held on August 18-19, 2026 in Hyderabad, bringing together policymakers, utilities, technology providers, investors and industry leaders around India’s energy transition. The official event platform places sustainable mobility, smart energy, grid modernisation and clean-energy innovation among the areas of focus. Its Telangana energy roadmap highlights an expansion of EV charging infrastructure from 872 stations to 6,000 by FY30 and 12,000 by FY35.

    At the Trinity pavilion, senior visitors included Telangana Deputy Chief Minister and Minister for Finance & Planning, Energy, Bhatti Vikramarka Mallu; Telangana Special Chief Secretary, Energy, Sri Naveen Mittal, IAS; TGSPDCL Chairman & Managing Director Jitesh V. Patil, IAS; and APEPDCL Director (Projects) T.Vanaja. Several visitors also recognised the Trinity brand from transformers supplied during the company’s best of the quality delivered since 2013. For Trinity, the response was significant because the recognition came from field experience and long-term product performance rather than from current marketing alone.

    The ME Energy Rapid Charger 150 is a 150 kW DC fast charger with dual CCS2 outputs that generates electricity on site from liquid bioethanol, enabling EV charging without a conventional grid connection. Trinity identifies highways, fleet depots, mining and industrial sites, defence and strategic locations, rural hubs, construction sites and emergency-response applications among potential use cases.

    The technology also received national-level attention recently when Union Minister for Coal and Mines, G. Kishan Reddy participated in the inauguration of the ethanol-based mobile EV charging technology in Hyderabad. He highlighted its potential to promote green mobility, support ethanol use and reduce petroleum dependence.

    The company also showcased Package Substations from 250 kVA to 2500 kVA, up to 33 kV, integrating transformer, HV/LV switchgear, protection, metering and digital connectivity. The platform is SCADA ready and EMS compatible, making it relevant to grid-connected EV charging, industrial and infrastructure applications.

    On the participation Raj Kumar Medimi, Executive Director, Trinity Cleantech, affirmed “Today’s response at the India Energy Summit & Expo was particularly meaningful for Trinity. The interest in ME Energy and our Package Substations reflects the direction in which the energy sector is moving, but the recognition of Trinity from transformers supplied years ago was equally important. It reminded us that quality creates a legacy. We are now taking that engineering legacy into the next generation combining reliable electrical infrastructure with grid-independent EV charging and clean-energy technologies manufactured in Telangana.”

  • Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech, an Indian manufacturer of transformers, packaged substations and clean-energy infrastructure, showcased its next-generation energy solutions at the India Energy Summit & Expo 2026 in Hyderabad, with its ME Energy 150 kW bioethanol-powered off-grid EV charger and Package Substation/Compact Substation platform attracting strong interest from senior government officials, Academicians and power-sector representatives.

    The sixth edition of the India Energy Summit & Expo was held on August 18-19, 2026 in Hyderabad, bringing together policymakers, utilities, technology providers, investors and industry leaders around India’s energy transition. The official event platform places sustainable mobility, smart energy, grid modernisation and clean-energy innovation among the areas of focus. Its Telangana energy roadmap highlights an expansion of EV charging infrastructure from 872 stations to 6,000 by FY30 and 12,000 by FY35.

    At the Trinity pavilion, senior visitors included Telangana Deputy Chief Minister and Minister for Finance & Planning, Energy, Bhatti Vikramarka Mallu; Telangana Special Chief Secretary, Energy, Sri Naveen Mittal, IAS; TGSPDCL Chairman & Managing Director Jitesh V. Patil, IAS; and APEPDCL Director (Projects) T.Vanaja. Several visitors also recognised the Trinity brand from transformers supplied during the company’s best of the quality delivered since 2013. For Trinity, the response was significant because the recognition came from field experience and long-term product performance rather than from current marketing alone.

    The ME Energy Rapid Charger 150 is a 150 kW DC fast charger with dual CCS2 outputs that generates electricity on site from liquid bioethanol, enabling EV charging without a conventional grid connection. Trinity identifies highways, fleet depots, mining and industrial sites, defence and strategic locations, rural hubs, construction sites and emergency-response applications among potential use cases.

    The technology also received national-level attention recently when Union Minister for Coal and Mines, G. Kishan Reddy participated in the inauguration of the ethanol-based mobile EV charging technology in Hyderabad. He highlighted its potential to promote green mobility, support ethanol use and reduce petroleum dependence.

    The company also showcased Package Substations from 250 kVA to 2500 kVA, up to 33 kV, integrating transformer, HV/LV switchgear, protection, metering and digital connectivity. The platform is SCADA ready and EMS compatible, making it relevant to grid-connected EV charging, industrial and infrastructure applications.

    On the participation Raj Kumar Medimi, Executive Director, Trinity Cleantech, affirmed “Today’s response at the India Energy Summit & Expo was particularly meaningful for Trinity. The interest in ME Energy and our Package Substations reflects the direction in which the energy sector is moving, but the recognition of Trinity from transformers supplied years ago was equally important. It reminded us that quality creates a legacy. We are now taking that engineering legacy into the next generation combining reliable electrical infrastructure with grid-independent EV charging and clean-energy technologies manufactured in Telangana.”

  • Trinity Cleantech Showcases Bioethanol EV Charger and Compact Substations at India Energy Summit 2026

    Trinity Cleantech, an Indian manufacturer of transformers, packaged substations and clean-energy infrastructure, showcased its next-generation energy solutions at the India Energy Summit & Expo 2026 in Hyderabad, with its ME Energy 150 kW bioethanol-powered off-grid EV charger and Package Substation/Compact Substation platform attracting strong interest from senior government officials, Academicians and power-sector representatives.

    The sixth edition of the India Energy Summit & Expo was held on August 18-19, 2026 in Hyderabad, bringing together policymakers, utilities, technology providers, investors and industry leaders around India’s energy transition. The official event platform places sustainable mobility, smart energy, grid modernisation and clean-energy innovation among the areas of focus. Its Telangana energy roadmap highlights an expansion of EV charging infrastructure from 872 stations to 6,000 by FY30 and 12,000 by FY35.

    At the Trinity pavilion, senior visitors included Telangana Deputy Chief Minister and Minister for Finance & Planning, Energy, Bhatti Vikramarka Mallu; Telangana Special Chief Secretary, Energy, Sri Naveen Mittal, IAS; TGSPDCL Chairman & Managing Director Jitesh V. Patil, IAS; and APEPDCL Director (Projects) T.Vanaja. Several visitors also recognised the Trinity brand from transformers supplied during the company’s best of the quality delivered since 2013. For Trinity, the response was significant because the recognition came from field experience and long-term product performance rather than from current marketing alone.

    The ME Energy Rapid Charger 150 is a 150 kW DC fast charger with dual CCS2 outputs that generates electricity on site from liquid bioethanol, enabling EV charging without a conventional grid connection. Trinity identifies highways, fleet depots, mining and industrial sites, defence and strategic locations, rural hubs, construction sites and emergency-response applications among potential use cases.

    The technology also received national-level attention recently when Union Minister for Coal and Mines, G. Kishan Reddy participated in the inauguration of the ethanol-based mobile EV charging technology in Hyderabad. He highlighted its potential to promote green mobility, support ethanol use and reduce petroleum dependence.

    The company also showcased Package Substations from 250 kVA to 2500 kVA, up to 33 kV, integrating transformer, HV/LV switchgear, protection, metering and digital connectivity. The platform is SCADA ready and EMS compatible, making it relevant to grid-connected EV charging, industrial and infrastructure applications.

    On the participation Raj Kumar Medimi, Executive Director, Trinity Cleantech, affirmed “Today’s response at the India Energy Summit & Expo was particularly meaningful for Trinity. The interest in ME Energy and our Package Substations reflects the direction in which the energy sector is moving, but the recognition of Trinity from transformers supplied years ago was equally important. It reminded us that quality creates a legacy. We are now taking that engineering legacy into the next generation combining reliable electrical infrastructure with grid-independent EV charging and clean-energy technologies manufactured in Telangana.”