Solar News

UPNEDA Plans 1.3GW Solar Project In Jhansi, Issues EOI

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued an Expression of Interest (EOI) to develop a 1.3 GW solar project in the Jhansi district. The state nodal agency plans to implement the project on a Build-Own-Operate (BOO) basis. The submission deadline for the EOI is January 31, 2025. “The purpose of […]

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Poly Medicure, AMPIN Form JV For Haryana Solar Project

Poly Medicure, a medical devices manufacturer and exporter, recently formed a Joint Venture Company (JVC) with AMPIN Energy Transition (formerly Amp Energy), to establish a solar power project. The collaboration aims to set up a solar power project, to supply power to the company as a captive generating plant for the company’s manufacturing facility, in […]

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Jupiter To Invest ₹6,500cr For Wafer, Cell & Module Production

Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions, will be investing ₹6,500 crore over the next three years, in a step to become a fully integrated solar manufacturing leader. The investment will bolster Jupiter’s position in the solar sector by significantly expanding its capacity across wafer production, solar cell […]

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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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Green Stocks Jan 10: Retreat Turns To Rout As Selling Pressure Continues

Like a Self-fulfilling prophecy, days of continuous falls have finally established a pattern of more selling in green stocks as well. On the last day of the week, it was time for many investors to sit on the fence, hoping for even more drops, as the fall continued unabated. It was a day when the […]

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UP, Maharashtra & Karnataka Drive 40% of India’s EV Sales

In a defining moment for India’s electric mobility revolution, electric vehicle (EV) sales soared to 19 lakh units in 2024, marking a 19% increase over 2023, according to the International Council on Clean Transportation (ICCT) report. This was accompanied by a record expansion of 25,202 public charging stations nationwide. These achievements align with the PM Electric […]

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Odisha Issues Tender For Off-Grid Solar Pumps

The Odisha Renewable Energy Development Agency (OREDA) has issued a tender for off-grid solar pumps. The state nodal agency issued the tender under the PM-KUSUM scheme. The agency asked the eligible bidders to submit their bids by February 10, 2025. With this tender, OREDA plans to replace the existing diesel-run agricultural pumps with solar pumps. […]

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FY 2023-24: SECI Snags Excellent Rating With Over 73 GW Awarded Capacity

In 2024, Solar Energy Corporation of India Ltd (SECI) exceeded a cumulative awarded renewable generation capacity of 73 GW as of December 31. In the financial year 2023-24, the company saw a substantial 22.13% increase in its annual trading volume, reaching a total of 42.935 billion units. SECI recorded a total income of Rs. 13,135.80 […]

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Coal India Invites Bids For 70 MW Solar Plant At Madhya Pradesh

Coal India Limited (CIL) recently released a tender to develop and commission a 70 MW (AC) grid-connected solar power plant. It has also mandated the developers to ensure the Operations and Maintenance (O&M) of the project for 10 years. The project will be developed for the Western Coalfields Limited (WCL), a government-owned company in Nagpur, […]

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