India

Green Stocks Feb 25: Choppy Waters Still For Green Stocks

As India’s leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind […]

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MP 2025 Policy: Powering Non-RE States, Upgrading Substations

Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […]

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India Proposed Renewable Energy Financing Obligation (REFO)

The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […]

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SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS

Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […]

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Green Stocks Feb 24: An End To Pain In Sight?

It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […]

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WattPower Supplies 15 GW Solar String Inverters In 17 Months

The Chennai-based solar inverter manufacturer, WattPower has produced and supplied nearly 15 gigawatts (GW) of solar string inverters in 17 months. The production was led by WattPower’s manufacturing facility in Chennai, established in 2022. With an annual production capacity of 9.9 GW, the facility produces solar string inverters including the 330KTL model. The plant’s semi-automated […]

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IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […]

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Karnataka: NTPC REL Opens 600 MW Solar, Power Evacuation Tender

NTPC Renewable Energy has issued a Land and Power Evacuation Package tender to develop 600 MW ISTS-connected Solar projects in Tumkur Region, Karnataka. It has sought bids up till March 18, 2025.  NTPC REL, a subsidiary of NTPC Green Energy latest tender expects the bidder to undertake land-related works such as providing an arrangement of […]

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As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India

Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […]

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