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Sunsure Energy to Supply 21 MW Solar Power to Lupin’s Tarapur Facility

Gurugram based developer Sunsure Energy and Lupin Limited (LUPIN), the Mumbai based global pharmaceutical company, today announced the signing of a 21 MW (31.5 MWp) solar Open Access Power Purchase Agreement (PPA). Through this agreement, Sunsure will supply solar power to Lupin’s Tarapur facility in India, sourced from its 100 MW (150 MWp) solar plant […]

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AMPIN Energy, Sumitomo Collaborate To Boost RE In India

Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […]

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Waaree Energies Recognized In RETC PV Benchmarking Report

Indian solar module manufacturer Waaree Energies Limited today announced its inclusion in the RETC PV Benchmarking Report 2024. The company said that it was only Indian solar panel manufacturer included in this report. Waaree Energies Limited has been rated as the overall highest achiever in the PVMI Report 2024. This award has been presented during […]

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EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector

The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […]

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KSEB Signs Pact With SECI For 500 MW Solar Power

The Kerala State Electricity Board (KSEB) has now signed an agreement with the Solar Energy Corporation of India (SECI) to boost the growth of solar energy in the southern state. This new deal is aimed at reducing power purchase costs by at least 10%. With this collaboration, the state board plans to add 500 MW […]

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President Approves VGF Scheme For 1 GW Offshore Wind Projects

President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […]

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Solarium Green Energy Limited Is BSE Bound, Files DRHP With BSE Emerge

Ahmedabad-based Solarium Green Energy, specializing in Turnkey solutions for solar projects, including design, engineering, procurement, testing, installation,  commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares. The objective of the issue […]

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SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours)

The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […]

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NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project

NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […]

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