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Waaree Energies Supplies 850 MW Solar Modules to Acciona for US Projects

Waaree Energies Limited has announced it has successfully supplied 850 MW solar PV modules for projects under development in the US by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement […]

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ReNew Enters November ALMM List With Module Making Facility

The November ALMM (Approved List of Module Manufacturers) list issued recently by the Ministry of New and Renewable Energy (MNRE) saw several significant developments. To begin with, there are three new entrants on the latest ALMM list of the ministry, taking the total number of solar module manufacturers in India up from 76 to 79 this month. […]

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CERC Grants PXIL Extra Time To Comply With Power Exchange Norms

The Central Electricity Regulatory Commission (CERC), in its latest judgment granted the Power Exchange India Limited (PXIL) additional time to comply with the Power Market Regulations of 2021. The development came to the fore when PXIl, one of the three power exchanges in India, moved the Commission seeking an extension of timing to comply with the regulations. […]

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Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits

Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […]

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Solar Finance Specialist

Reporting to the Chief of Resource Mobilisation or a designated officer, you will support him/her across our business clusters. You will review, develop and deploy the financing of renewable energy, particularly from the ISA’s perspective on leading energy transition through its member states. The role will lead and implement crucial processes within the solar energy […]

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Gensol Engineering Reports 24% Growth in PAT in H1 of FY24

Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […]

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CEA Propagates the Idea of Vehicle to Grid

In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […]

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Adani Green Bets High On Khavda To Boost Its RE Capacity 

Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […]

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Can’t Impose Licensing of Power Generation Under The Garb Of Approval: RERC

The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, reiterated that discoms should not make attempts to impose licensing of power generation under the garb of approvals. The State Commission said that such moves could dilute the reforms made under the Electricity Act of 20023.  “Delicensing of the generating plants and captive plants was one of […]

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