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Momentum Solar

Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie

Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […]

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Vanilla To BESS: Share of Energy Storage Tenders Goes From 5% To 23% In 10 Ys

From plain vanilla tenders to Firm and Dispatchable Renewable Energy (FDRE), the Indian tendering system has come a long way. Since 2020, demand for energy storage has surged. With nearly a quarter of tenders now requiring energy storage, the need for Energy Storage Systems (ESS) is gaining momentum. SBI CAPS, in its latest report on […]

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Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio

Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […]

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Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report

The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance.  The note recommends the use of integrated green […]

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Surged Financial Backing Spurring the Indian RE Growth: Report

As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […]

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Achieving Universal Energy Access by 2030: Can It Be Done?

Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […]

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After China & Europe, India Set To Embark On Offshore Wind Journey

After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […]

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Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT

Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […]

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Rayzon, Cliantech Sign Up For 5GW Capacity Expansion At REI

Surat-based Rayzon Solar has signaled its commitment to its already string momentum will continue as it signed a major agreement with Cliantech Solutions to launch a 5 GW solar production line. The signing was done at the REI Expo in Noida. The Chirag Nakrani and Hardik Kothiya founded firm has been in the limelight for […]

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