Solar Energy

NHPC Issues Tender To Develop Rooftop Solar In Northeast

NHPC intends to develop rooftop solar power projects on Zone-IV  (North East Power Stations) buildings under the PM Surya Ghar: Muft Bijli Yojana. Bidders must submit their bids by January 15, 2025. The bids are valid for 120 days from the last date of online submission. The tender mandates that the rooftop solar project under […]

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CEA Report Redefines CO2 Baseline For Indian Power Sector

 Central Electricity Authority’s (CEA) latest government report on the CO2 Baseline Database for the Indian Power Sector revealed the impact of the Clean Development Mechanism (CDM) methodologies on the energy projects and on lowering the carbon intensity of the electricity grid. This report aims to provide an authentic baseline to measure emissions data and ensure […]

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H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr

Rajasthan-based Solar module manufacturer Insolation Energy, in its consolidated performance update for the nine months ended on 31st December 2024, secured consolidated provisional sales of Rs. 928.34 crores, marking a significant increase from Rs. 482.5 crores during the same period ended 31st December 2023. As a firm listed on the BSE SME board, reporting obligations […]

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December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit

Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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FY25: Karnataka Witnesses A Fall In New RE Capacity Additions

Karnataka Renewable Energy Development Ltd (KREDL) shared recent data on the annual renewable capacity addition in the state. The data found a decline in annual renewable energy projects in the state in the past years. The government data on year-wise commissioned projects indicated a significant drop in installed capacity in Karnataka in FY25. As of […]

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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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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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India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25

The Ministry of New and Renewable Energy (MNRE) published the latest data on new renewable energy capacity additions in early December. The data revealed that the country added a total of 14.9 GW of new renewable energy capacities (excluding hydro) in the current financial year (till November 2024). According to the report, India’s solar energy […]

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