Solar News

India Finds Lithium Resources in Madhya Pradesh, Karnataka

Minister of State For Earth Sciences Jitendra Singh in his recent statement before the Parliament talked about the steps taken by the government to expedite the exploration of Lithium in areas beyond Jammu and Kashmir and Rajasthan. The minister shared that Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic […]

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SJVN Secures First Pumped Storage Project In Mizoram

SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […]

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June 25- Green Energy EPC’s Weather A Down Day, Adani Green Buoyed By Q1 Results

On a day when almost all Solar EPC stocks faced losses, including high flyer Shakti Pumps, wind energy stocks Suzlon and Inox Wind stood out with a strong show. Both have the benefit of a strong quarterly performance and bulging order books, making investors bullish about prospects again. For high flyers that could barely look […]

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Adani Green Energy Q1 Results- Revenue Up 22% YoY

Adani Green Energy, the renewable developer arm of the Adani Group, has announced its Q1 results for Fy24-25. In the April June period, the firm recorded a topline of Rs 3122 crores, a 22% jump over the Rs 2550 crores recorded in the corresponding quarter last year. On a sequential quarter basis too, the firm […]

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Rays Power Experts Raises Rs 20 Cr Equity Funding

Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […]

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Tata Power In MoU with NDDB To Solarise Dairy Supply Chain

TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has entered into a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB), renowned for its transformative impact on India’s rural economy through its cooperative dairy model. This collaboration aims to facilitate various initiatives to advance […]

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MNRE Office Gets LEED’s 4.1 Platinum ‘Green Building’ Certification

The Akshay Urja Bhavan, hosting the office of the Ministry of New and Renewable Energy (MNRE) has now bagged the LEED 4.1 Platinum certification for ‘Green Buildings’. The building, unique in many senses, imbibes renewable energy and energy efficiency measures among others, paving the way towards sustainability. The certification was recently handed over to the […]

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PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push

The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […]

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China Adding Solar Capacity At 17 GW Per Month In 2024

After a record breaking 2023 when it crossed the 215 GW mark on new solar capacity additions, China continues to surprise on the upside in 2024 as well. The country added 102.48GW of new PV capacity between January and June 2024,as per the National Energy Administration (NEA), the nodal state body that tracks and regulates […]

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