India

ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects

ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […]

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SPML Infra In Tie-Up With Energy Vault To Make, Deploy Batteries In India

New Delhi based SPML Infra Limited has signed a licensing and royalty agreement with leading storage solutions firm Energy Vault. For SPML Infra, with its hitherto specific focus on India’s water and energy infrastructure, the tie-up marks a significant push into the energy infrastructure space, where it has had a small but significant presence until […]

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Green Stocks April 2: Stocks Sway To Analyst Views

The markets stood up to the threat of US tariffs today, as the details of potential impact will slip in through the evening. However, some of our green stocks, notably two key solar manufacturing firms in the form of Waaree Energies and Premier Energies were tripped up by a report from Bernstein, which predicted margin […]

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SECI Invites Bids For Rooftop Solar RESCO Project For Universities

SECI is set to power central universities with its 4.5 MW grid-connected rooftop solar projects under the RESCO mode. It has sought bids until May 2, 2025. In its tender, SECI clarified that the Solar Power Developer (SPD) would be required to set up a grid-connected rooftop solar PV (RTSPV) project, with the primary objective […]

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SJVN Green’s 1 GW Bikaner Project Starts With First 241 MW Start

SJVN Green Energy Limited (SGEL) has completed the trial run of a 241.77 MW capacity solar project in Bikaner, Rajasthan. The company stated in a regulatory filing that this constitutes Phase I of the 1,000 MW Bikaner Solar Power Project, completed on March 31, 2025. The capacity is currently operational and is set to achieve […]

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20 GW Open Access Solar Opportunity From Heavy Industries In India

There is a 20 GW solar market opportunity in the top 5 producing states under the green energy open access mode of power procurement for steel, cement, and aluminum according to an Ember report. The latest report by Ember on “RE-powering India’s heavy industries: 20 GW today, 24/7 tomorrow” found that steel presents the largest […]

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AMPIN Signs Pact With Poly Medicure To Boost Solarisation

AMPIN Energy Transition has signed a power purchase agreement (PPA) with medical device manufacturer Poly Medicure to supply 9.9 MWp of solar power to its five plants from AMPIN’s 75 MWp solar park in Kurungawali Sirsa, Haryana. Under the deal, about 35% of Poly Medicure’s power consumption at its five Faridabad plants will be replaced […]

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Green Stocks April 1- Green Stocks Weighed Down By Broader Worries

The start of the new financial year was anything but auspicious, as stocks slipped due to worries about the impact of the US tariff action starting tomorrow. While the markets will take time to digest the impact of the US moves, some green stocks in our pack did buck the trend and stage a smart […]

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Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge

Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency.  The report highlighted […]

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