Solar Energy National News

SECI Seeks 800 Acres Of Land For 200 MW Solar Project In MP

Solar Energy Corporation of India (SECI) recently released a tender for the selection of an agency for the outright purchase or lease of 800 acres of land for the development of a 200 MW solar project in Madhya Pradesh with September 23 as the last date for bids submission.  The SECI tender states that for […]

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IIT Bhubaneswar Develops Solar-Powered Reactor For Waste Management

A research team from the School of Infrastructure at the Indian Institute of Technology (IIT) Bhubaneswar has developed a solar-powered microwave pyrolysis reactor. This reactor is designed to recover valuable resources from both segregated and mixed waste materials, including biomass and plastics. The reactor uses microwave-assisted pyrolysis to rapidly convert waste into products such as […]

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Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India

Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […]

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Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz

Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […]

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Maharashtra Launches First Solar Village – ‘Manyachiwadi’

Manyachiwadi has become the first village in Maharashtra to earn the title of ‘first solar village’ of the state. The village, situated in the Satara district has now become fully solarized, paving the way for sustainable rural setups. Maharashtra Chief Minister Eknath Shinde on August 18 also launched a scheme to solarize more villages in […]

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A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER

A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […]

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ONGC Invites Bids To Setup 1 GW Hybrid Power Projects

ONGC has issued a tender for the development of ISTS-connected co-located wind-solar hybrid power projects with a total capacity of 1 GW (500 MW Solar and 500 MW Wind) on a Lump Sum Turnkey (LSTK) basis anywhere in India. The deadline for bid submissions is October 23, 2024. ONGC said, “The commissioning period will be […]

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India May Add 30 GW Of Renewable Capacities In 2024-25

India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […]

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India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL

CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […]

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