SUBSCRIBE NEWS LETTER

demand and supply

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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Maharashtra Plans Solarizing 32 Police Stations, Issues Tender

The Maharashtra Energy Development Agency (MEDA) has issued a tender for the installation of grid-connected solar PV power plants at police stations at Gadchiroli and Bhandara. The proposal comprises setting up 1,095 KW grid-connected solar power system at 32 police stations in Gadchiroli and 7 at Bhandara. This scope of work encompasses an integrated process […]

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GK Energy Gears Up for The Solar Pump Boom

For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […]

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Govt Releases Revised Guidelines For EV Charging Stations

The Ministry of Power has now issued a revised guidelines for setting up electric vehicle (EV) charging stations at private, public and restricted areas. The fresh norms talked about a ceiling in the tariffs of EV charging stations, maximum service charges from consumers during solar and non-solar hours. The new rules also touched upon the […]

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Gautam Solar Announces Cell Making Foray With 2 GW Capacity

New Delhi based Gautam Solar, a 27+ years experienced solar manufacturer, is preparing to launch a significant venture to establish a 2 GW solar cell manufacturing plant in the first phase. With an estimated investment of Rs. 1000 crores for the 2 GW solar cell facility, the company wants to cater to the growing demand […]

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Jindal India RE Targets BESS Market With 5 GWh Capacity

Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […]

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COP29 Presidency Proposes 1,500 GW Energy Storage Target By 2030

The Conference of Parties (COP29) Presidency today announced its Initiatives as part of its “Action Agenda” to give an impetus to climate action and to supplement the formal negotiated COP agenda. In a letter addressed to all Parties and non-party stakeholders, COP29 President-Designate Mukhtar Babayev outlined the details of the package and how global stakeholders […]

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Adani Group Secures a 6.6 GW Solar,Thermal deal with MSEDCL

Adani Green Energy Limited (AGEL), India’s leading renewable energy provider, and Adani Power Limited (APL), the largest private thermal power producer in the country, have announced a new agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This deal will provide Maharashtra with a total of 6.6 GW of energy from both solar and thermal […]

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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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