Solar

Waaree Renewable Clinches ₹232.30 Crore Mega Project

Waaree Renewable Technologies, the EPC arm of Waaree Group, has been awarded a Letter of Award (LOA) for the execution of a ground-mounted solar power project with an installed capacity of 170 MW AC / 255 MW DC. The project, valued at approximately ₹232.30 crore, will be executed on a turnkey basis, covering comprehensive Engineering, […]

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Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia

Pentagreen Capital (Pentagreen) and British International  Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform.   Pentagreen is the sustainable […]

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IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds

Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […]

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Delhi Govt Allocates Rs 50cr For PM Surya Ghar ‘Top Up’

Delhi Chief Minister Rekha Gupta today presented her maiden budget for the Union Territory. In her speech before the State Assembly, the CM talked about making the region self-sufficient in energy. She also talked about boosting the growth of solar energy in the state through the new Delhi Budget. In her speech, Gupta talked about […]

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India Sees Second Largest Rise In Energy Demand Globally: IEA

A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […]

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FY25: India Set To Create New Record In Solar Installations

The Indian renewable energy market is on track to set a new record in 2024-25 (FY25). According to the latest data from the Central Electricity Authority (CEA), India has already achieved an unprecedented level of solar installations in the first 11 months of this fiscal year. As per CEA’s latest report, India’s solar energy capacity […]

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COVER STORY: India’s Different Path For Solar Module Manufacturing

On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […]

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Wave Solar To Launch Hybrid Inverters Soon: Keyur Gajera

1. What are the major products Wave Solar offers for the Indian market? Wave Solar aims to be a key partner in India’s solar growth journey. As the solar market expands, we are contributing by offering advanced solar inverters that support the country’s growing solar projects. Currently, we provide solar string inverters ranging from 1kW […]

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AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing

Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […]

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