Author: Chitrika Grover

SECI Issues Tender To Build 1000 MW/2000 MWh BESS

The Solar Energy Corporation of India (SECI) has issued a tender inviting bids to set up 1000 MW/2000MWh (1000 MW x 2 hrs) standalone battery energy storage systems (BESS) in India. This project was issued under tariff-based global competitive bidding (ESS-2). The tender follows a new push for large battery storage systems in the country […]

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Green Stocks June 26: Inox Wind Stock Price Surges By 2.65%

The stock market today saw a slight rise in stock prices with Inox Wind Energy receiving a positive growth of 2.65%, followed by Sterling and Wilson Renewable Energy receiving a 1.18% rise followed by Shakti Pumps share receiving a gain of 1.17%, whereas, Gensol Engineering stock faced major drop of 2.42%. Company name Closing Price […]

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EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report

CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […]

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Juniper, SECI Sign PPA For 150 MW Hybrid Project In Two States

Delhi-based Juniper Green Energy, a renewable energy power producer signed two Power Purchase Agreements (PPAs) with SECI for a 150 MW hybrid project in Gujarat and Rajasthan.     This wind-solar hybrid power project is to be developed under Hybrid Tranche VII in Gujarat and Rajasthan. This collaboration aims to generate approximately 477 million units (MUs) […]

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BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa

British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […]

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HPPCL Issues Tender For 12MW Solar Power Project In Una

Himachal Pradesh Power Corporation Limited (HPPCL) a state government public sector undertaking (PSU) released a tender to design, supply, construction, erection, testing, commissioning, operation, and maintenance of 12 MW solar power project. HPPCL tender invited online bids to set up the project at Gondpur Bulla, Una in Himachal Pradesh. HPPCL tender includes a bid security […]

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Data Centers, EV To Raise US Power Demand To 300 TWh: Report

Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […]

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Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance

Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […]

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