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RE developers

US Energy Storage Surges With Second-Highest Quarterly Record

The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […]

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MAHAPREIT and NTPC Sign RE Projects Worth 10 GW

NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […]

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SJVN Invites Developers To Build RT Solar Projects On Gov Buildings

SJVN has invited proposals from developers to set up 5830 kW of grid-connected rooftop solar power projects (without battery storage). SJVN is developing these on Union Government buildings across seven states, as designated by the MNRE under the PM Suryaghar scheme.  These states are NCT of Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and […]

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Sunsure Energy’s Contrarian Approach Pays Off 

Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO),  Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […]

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ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth

A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […]

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Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well

On a day when the markets comprehensively broke new ground and records, the biggest green energy stocks were not to be left behind. Adani Green Energy and JSW Energy led the large-cap developers, while Waaree RTL and SW Solar led the EPCs on a strong day at the markets. The only stocks to miss out […]

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Purvah Green, Ecoren Collaborate For 686.85 MW Wind Project

Today, West Bengal-based Purvah Green Power Private Limited, entered into a binding term sheet with Ecoren Energy India, which is neither a related party nor a part of the promoter or promoter group of the company. This agreement between the CESC subsidiary, Purvah Green Power, and Hyderabad-based Ecoren Energy is undertaken to build a wind […]

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IGREL, Inox Wind Set To Build 550 MW Wind Project Across Three States

Inox Wind Limited (IWL) announced receiving a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to execute 550 MW of wind capacity on a turnkey basis. The project will be executed over the next 24 months across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The 550 MW LoI exceeds the firm order of […]

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