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As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts

The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu.   Maharashtra Regulator Backs Solar With Vote For Status Quo   In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […]

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Kosol Energie Installs Solar System At Sarangpur Dham

Kosol Energie has successfully installed a 250 KW solar power system at Shree Gopalanand Swami Yatrik Bhavan in Sarangpur Dham, significantly enhancing energy efficiency while reducing carbon emissions. This initiative ensures a sustainable and uninterrupted power supply for the Yatrik Bhavan (Stay Facility), setting a benchmark for renewable energy adoption in spiritual spaces. The Grand […]

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Solis Secures 10th Consecutive EUPD Top Brand Seal

Solar inverter and energy solutions company Ginlong (Solis) Technologies has announced that it has been awarded the ‘Top PV Inverter Brand’ seal in Belgium by global market research organization EUPD Research. To celebrate the achievement, a handover will be held at the Solis booth (B4) during Solar Solutions in Amsterdam, in collaboration with EUPD Research. […]

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ALMM: Goldi, Grew Navitas & MKU Holdings Add New Capacities

A total of 13 solar module manufacturing units from the country have added new capacities in the latest Approved List of Models and Manufacturers (ALMM). The companies that added the largest capacities included Goldi Solar, Grew Energy, MKU Holdings, Navitas and Ganesh Green. The latest list, released by the Ministry of New and Renewable Energy […]

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Green Stocks March 28: FY26 Beckons

As trading drew to a close on the last trading day of FY25, our green energy pack, and the sector in general, had much to think about. A year that began with immense promise, delivered strongly with unprecedented access to public and private capital for green energy firms. Early moves benefited as well, and now […]

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Govt Proposes Mandating RE for Open Access, Captive Users

The Indian government has recently amended the renewable Energy Consumption Obligation (RCO) rules to facilitate open access consumers and captive power users, ensuring a smoother regulatory framework for renewable energy obligations. The Ministry of Power (MoP) issued a notification detailing these changes, aiming to enhance compliance with renewable energy consumption mandates. The government has sought […]

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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo

Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […]

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Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh

Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […]

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