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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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Prozeal, Kintech & SAEL Secure GUVNL’s 500 MW Solar Auction

GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […]

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Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant

Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […]

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Juniper Green Inks Landmark 1GW Module Order With First Solar

Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […]

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SECI’s 4 GWh BESS Tender Finds Takers At Rs 3.52/kWh

NTPC Renewable Energy, Sembcorp Green Infra, Solarcraft Power India 8 and Hero Solar Energy have all bid at Rs 3.52 to emerge winners from SECI’s largest Solar+Storage tender till date for 2 GW Solar plus 4 GWh BESS. While NTPC won 500 MW, Hero walked away with 270 MW, with the rest getting 150MW allotments […]

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Green Stocks Dec 9: Premier, Waaree Energies Hold Their Own

On a mixed day for the markets, the two key manufacturers in our Green pack, Premier Energies and Waaree Energies more than held their own as both rose by over 2%. The gains come on the back of an impressive roster of orders, including a large 1 GW order for Waaree announced today. Among developers, […]

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Waaree Energies Adds 1 GW Module Order

Waaree Energies Limited, India’s largest solar module manufacturing company with capacity of 13.3 GW announces securing a significant order for the supply of 1 GW of solar modules from a renowned developer. The new order follows the massive success Indian manufacturers are enjoying in the utility scale segment after the new DCR rules came into […]

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5 Reasons Solar Customers Await 2025 With Some Trepidation

2024 is set to go down as the best year on record for solar in India, with total capacity additions set to cross a record 22 GW during the year. For the financial year (April to March) as well, capacity additions could be even higher, possibly touching 24 GW or more. But behind the record […]

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Green Stocks Dec 5: Rare Day Of Underperformance For Green Stocks

On a day when the Nifty 50 mounted a strong show, our Green Energy Pack had a rare day, with just Waaree Energies standing out with a 4% gain. After its surprisingly strong run this week, NTPC Green corrected over 4.5% today, a healthy correction, many would say. Premier Energies also paused after the strong […]

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