Solar News

Indian Solar Module Exports Surged 23 Times Since FY22: IEEFA Report

India is making significant progress in transitioning from a net importer to a net exporter of solar products. In Fiscal Year (FY) 2024, Indian solar manufacturers exported approximately US$2 billion worth of solar modules. The solar module export value of PV modules from India increased by more than 23 times in just two years between […]

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Can COP29 Help In Expediting Renewable Growth In India?

The convergence of global leaders, policymakers, and pro-climate groups in Baku, Azerbaijan, for the annual Conference of Parties (COP29) is likely to expedite the energy transition globally. It is more pertinent to the Global South including India which has been demanding fair access to the Climate Fund, as committed by developed countries for pro-climate activities. […]

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Global Push for Energy Efficiency Targets Faces Hurdles, Progress Stagnates

At the 2023 COP28 summit, nearly 200 countries agreed to double the global rate of energy efficiency improvements by 2030. This decision highlights energy efficiency as a critical part of the clean energy transition. However, one year later, progress remains slow, with improvements in energy efficiency showing only a modest increase of about 1% in […]

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Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender

NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. In this  tender, out of the 1.2 GW, […]

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MERC Grants Relief To Wind Company Due To Force Majeure

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, provided relief to Clean Wind Power (Bhavnagar), a subsidiary of Hero Wind Energy Private Limited (Hero). This case highlights the importance for renewable energy developers to carefully draft contracts, anticipate potential disruptions, and ensure compliance with regulatory requirements to mitigate risks. In its order, MERC […]

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Premier Energies Reports Surge In Profits In Q2

Indian solar module and solar cell manufacturer Premier Energies announced its Q2 results for FY25, for the first time after getting listed on the Indian stock exchange. The company, on a consolidated basis, reported an increase in its revenues and net profits on a Year-on-Year (YoY) basis but a dip in its revenue on Quarter-on-Quarter […]

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Green Stock Nov 8: Dip In Stock Prices Continues To Haunt Green Stocks

Days after the announcement of the new US President and higher growth of green stocks, the happy hours now seem to have faded. Most of the green stocks suffered losses and went back to pre-US election result days figures or even lower than that. The highest dent was seen by Waaree Energies whose stock rose […]

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Rajasthan’s Struggles With PM Surya Ghar Scheme

Despite being known for its high solar irradiation and hosting India’s largest solar park, Rajasthan seems to be struggling with the implementation of the PM Surya Ghar scheme. The slow pace of installations since the scheme’s launch has affected the state’s reputation as a leader in renewable energy. This underperformance is in stark contrast to […]

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Hybrid Projects Demand More Planning: Naresh Mansukhani (CEO, Juniper Green)

Tell us about the journey of Juniper Green in India till now. We launched Juniper Green as a solar-focused platform in 2018, primarily because solar energy is more predictable. During that time wind project tariffs were dropping too low. In 2021, we expanded our capabilities to include wind and storage projects. As a result, we […]

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