Solar News

Green Stock August 7: Most Green Firms See A Facelift

After a gloomy day in the stock market, today stock prices of most renewable energy companies received positive gains. The stock prices of three companies namely, Waaree Renewable Technologies,  Sterling and Wilson Renewable Energy, and Suzlon Energy made a 5% gain.  Companies like SJVN, KPI Green, and Adani Green witnessed 3.61%, 3.81%, and 1.33% gains […]

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PM-KUSUM Needs Recalibration To Achieve Targets: CSE Study

A new report by Centre for Science and Environment (CSE), which focuses on gathering data and information especially from the perspective of farmers on on-ground implementation of the scheme, has offered a roadmap to help PM-KUSUM strike its targets. The report, titled Implementation Challenges of the PM KUSUM Scheme: Case Studies from Selected Indian States, […]

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IACC Summit: US Reaffirms Commitment To Support India’s Energy Transition

United States (US) has expressed its strong commitment to supporting India’s ambitious energy transition efforts, said Jonathan Heimer, Minister Counselor for Commercial Affairs at the US Foreign Commercial Service (FCS). He was speaking at the second Energy Summit of the Indo-American Chamber of Commerce (IACC) in New Delhi. Heimer highlighted the deepening ties between the […]

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Study Points Out At India’s Key Role In Energy Transition In Asia

The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […]

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Servotech Bags 1.2 MW UPNEDA Order To Develop Solar Plus Storage Systems

Servotech Power Systems Ltd., a manufacturer of solar solutions and EV chargers has secured a total of 1.2 MW order worth approximately Rs. 10.20 crores for the deployment of grid-connected solar energy storage systems (ESS). The order has been secured from the Rural Development Department of Uttar Pradesh and the Uttar Pradesh New and Renewable […]

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Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs

Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […]

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Bihar Plans To Develop Canal Solar, Issues Tender

The Bihar State Power Generation Company Limited (BSPGCL) has issued a tender to boost the growth of solar power plants along selected canals (canal solar) in the state. The state nodal department has identified five locations in the state where these plants will be installed. The last date for submission of the bids is August […]

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Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project

Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […]

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Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom

Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […]

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