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Solar Journey of Africa: 2024 in Review and the Road Ahead

Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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SECI Invites Bids For Solar Projects At Five Locations In RESCO Mode

SECI recently released a tender to select solar power developers to build 1750 kW Grid-Connected Rooftop Solar PV Projects under RESCO mode. It has sought bids up till 28th February 2025.  The project would be located across five locations, Meghalaya, Chandigarh, Bhilai, New Delhi, and Guwahati. The tender mentioned the location and the project below: […]

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Telangana Targets 20 GW RE, Storage Capacity Additions By 2030

Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […]

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Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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Green Stocks Jan 23: Recovery Continues To Evade Green Stocks

Today was one of those rare trading days when the market recovery outran any recovery in green stocks. So bad was the situation that even the news of Waaree Energies starting commercial production at its US plant did not move the stock, instead correcting by over 3%. While public sector SJVN did continue its weak […]

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Green Stocks January 20- Mixed Day for Green Stocks As Trump Impact Looms

Green energy stocks had a mixed day today as the market looks for cues from the incoming Trump administration. While everyone is hopeful that the new President will continue to blow hot and cold but look for ‘deals’ eventually, worries on India’s solar exports do not seem to be top of the mind, going by […]

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Green Stocks Jan 16: Strong Day For Green Stocks

We have been stressing how the margin for error is fine when it comes to green stocks and their valuations. And we saw it in full play in the contrasting market response seen to results from two of the Solar EPC firms in our green pack. While SWREL, which turned in a strong set of […]

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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