SUBSCRIBE NEWS LETTER

Adani Green Energy

The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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Fortum Divests 500 MW Indian Solar Assets To Investor Actis

Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […]

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PSU Gas Major GAIL To Join Solar Bandwagon

Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […]

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Uttar Pradesh Floats Tender for 75 MW of Grid-Connected Solar Projects

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated an e-tender for setting up a 75 MW grid-connected solar PV power project in UP solar park, Uttar Pradesh.  As part of the Government of India’s target to achieve a cumulative capacity of 100 GW Solar PV installations by the year 2022, UPNEDA wishes […]

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As Solar Spreads, Shrinking Space for Wind

It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […]

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AGEL Commissions 150 MW Solar Plant at Kutchh, Ahead of Schedule

Adani Solar Energy Kutchh One Limited, a step-down subsidiary of AGEL has commissioned a 150 MWac solar power plant in Kutchh, Gujarat. Adani Solar Energy Kutchh One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 150 MWac solar power plant in Kutchh, Gujarat.  Despite all the challenges of global pandemic […]

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Behind Azure’s Investor Update. Challenges To Continue in 2021

The Firm’s 4 GW project win through SECI remains in limbo. That places almost 18 GW of awarded solar projects together in the same boat in India. In an update to the Securities and Exchange Commission (SEC) in the US, where it is listed at the New York Stock Exchange (NYSE) Azure Power has sounded […]

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