India

High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL

The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to  43-47 GW by June 2026 from 10 GW in […]

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Coal India Issues EPC Tender For 1 GW Solar Project in Rajasthan

Coal India Limited (CIL) has now issued an EPC tender to develop a 1 GW (AC) solar project in the Bikaner district of Rajasthan. This project is planned to be set up in the Pugal tehsil of Bikaner. It will be developed either by Coal India or through its proposed Joint Venture with Rajasthan Rajya […]

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NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option

In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […]

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Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing

Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […]

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Gujarat To Soon Host Highest No. Of Waste-To-Energy Plants

The latest data from the Ministry of New and Renewable Energy (MNRE) indicates that Gujarat is poised to host the highest number of Waste-to-Energy (WTE) plants in India. This development comes as several states across the country increasingly adopt waste-to-energy solutions. MNRE classifies WTE plants as sources of renewable energy. At the national level, Delhi […]

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Sembcorp Enters BESS Market In India, RE Capacity Touches 6 GW

Sembcorp Industries (Sembcorp) today announced receiving a Letter of Award (LoA) for a 150 MW solar photovoltaic project coupled with a Battery Energy Storage System (BESS) of 300MWh. The Singapore-based company secured this award from the Solar Energy Corporation of India Ltd (SECI) through its subsidiary Sembcorp Green Infra Private Limited (SGIPL).  The Build-Own-Operate (BOO) […]

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Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm

Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […]

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Inox Wind Wins 60 MW Order From Serentica For Karnataka Project

Inox Wind Limited (IWL), a wind energy solutions provider, today announced bagging a 60 MW order from Serentica Renewables (Serentica), a commercial and Industrial (C&I) focused renewable energy company in India. This order is to supply 3 MW class turbines and will be delivered within H1 CY25. Additionally, IWL will provide multi-year post-commissioning Operations and […]

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IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project

The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations.  IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […]

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