Solar Energy National News

10 Indian Companies Plan To Set Up Gigafactories In India

The Volta Foundation in its latest  2024 report, based on its Gigafactory track, has identified 10 Indian companies planning major expansions in India’s battery sector. Some of the key players include Reliance in Gujarat (50 GWh), Amara Raja in Telangana (16 GWh), Exide in Karnataka (12 GWh), Godi in Hyderabad (12 GWh), OLA in Tamil […]

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Hindustan Power, Tata & Adani Commit Investments In Assam’s Power Sector

Marking a major step in Assam’s renewable energy sector, companies like Adani Group, Tata Power, and Oriana Power have announced investments in the state for the coming year. For instance, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in battery energy storage projects. The […]

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CERC Adopts Tariff For SECI’s 1.2 GW Hybrid Power Projects (Tranche VI)

The Central Electricity Regulatory Commission (CERC) has adopted the tariff for 1,200 MW Wind-Solar Hybrid Power Projects with Assured Peak Power Supply (Tranche VI) under the competitive bidding process conducted by the Solar Energy Corporation of India Limited (SECI). It is pertinent to note that SECI had filed a petition before CERC under section 63 […]

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Green Stocks March 3: Late Recovery Prevents Further Losses

Even as the overall picture remains glum, a late recovery seems to have reduced losses at our Green energy stocks today. Thus, large developers like Adani Green, NTPC Green and Tata Power turned green today, losses at heavy losses EPC firms like Waaree RTL, Sterling and Wilson Renewables and Shakti Pumps continuing to leave investors […]

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Chemplast, JSW Enter PPA To Build 84.9 MW Hybrid Project In TN

Tamil Nadu-based manufacturer of speciality chemicals Chemplast Sanmar and its wholly owned subsidiary (WOS), Chemplast Cuddalore Vinyls Limited (CCVL), have entered into a Power Purchase Agreement (PPA) with JSW Green Energy Nine Limited. As per the terms of the agreement, the companies have agreed to execute a Share Subscription and Shareholders’ Agreement with JSW Neo […]

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Module Scarcity Delaying Solar Projects In India, Hints NLC India

Indian Public Sector Utility (PSU), NLC India has hinted that the delay in the supply of domestic solar modules in the country is leading to delays in solar projects. The top management of the firm in a recent investor’s call revealed that the demand for domestic modules has led to a shortage of timely delivery […]

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Adani Green Raises $1.06 Billion To Refinance Rajasthan Hybrid Project

Adani Green Energy Ltd (AGEL) has successfully refinanced its maiden construction facility, a $1.06 billion loan taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The long-term financing raised for this refinancing has a door-to-door tenure of 19 years with a fully amortized debt structure that aligns with the asset’s lifecycle. […]

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L&T Bags Power Transmission & Distribution Order In Uttar Pradesh

The Power Transmission & Distribution (PT&D) division of Larsen & Toubro (L&T) has secured new orders both in India and internationally. In India, it has been awarded a contract to implement 765kV and 400kV transmission line segments associated with a Renewable Energy Zone in Uttar Pradesh (UP). Before this, the company won an order for […]

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Bisleri Turns To Schneider Electric To Green Up

Mumbai based purified water firm Bisleri International Pvt. Ltd. has partnered with Schneider Electric’s Sustainability Business to enhance energy efficiency and expand the use of renewable energy. This initiative is a key step under ‘Bisleri’s Greener Promise’, reinforcing the company’s commitment to a sustainable future. As part of the partnership, up to 13.6 MW of solar power will […]

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