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Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt

The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […]

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With A Historic Order Book, Suzlon Picks Pace In Executions

Indian wind turbine manufacturer Suzlon Energy is in high spirits, buoyed by its historic order book. The company claims to have executed a significant quantum of orders in the third quarter (Q3) of FY25. In its latest interaction with investors, the top management briefed them on the company’s financial health and future prospects. JP Chalasani, […]

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Inox Wind Q3 FY25: Revenue Up 96%, EBITDA Jumps 192% YoY

Inox Wind Limited (IWL), a wind energy solutions provider announced a strong show for its financial results during the quarter ended December 31, 2024. In the quarter, the company’s order execution increased 82% YoY to 189 MW. The company’s revenue increased 96% year-over-year (YoY), and its EBITDA also grew 192% YoY.   IWL’s order book stood […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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NHPC Awards 1.2 GW Solar-Plus-Storage Tender To Six Bidders

NHPC, the Navratna company, has announced six winners of its 1.2 GW solar plus storage project. This is NHPC’s one of the first Solar + ESS tender. The project offers a 600 MW/1200 MWh energy storage system (ESS). NHPC allotted the project to Onix Renewables at Rs. 3.09/kWh and three other companies: Jindal India Renewable […]

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NTPC REL Issues 2.5 GW BESS Tender For Its Thermal Plants

NTPC REL recently released a tender to develop a 2500 MW/10,000 MWH Battery Energy Storage System (BESS) project. The NTPC subsidiary has planned the project as spread across NTPC thermal power stations. The last date to submit the bids is February 17, 2025.  The tender document elaborated on the project’s capacity. It mentioned, “The battery […]

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ReNew Slots In The Top 10 Percentile In S&P Corporate Sustainability Scores

ReNew has scored 71, registering a remarkable ~30% enhancement in its score This achievement places ReNew in the top 10 percentile of the global energy sector   ReNew Energy Global Plc, which has consistently been among the top 3 renewable energy and now decarbonization solutions provider over the past three years in India, has another […]

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Envision Gets 1GW Wind & 320 MWh BESS Orders From Juniper

Envision Energy India announced that it has signed up with Juniper Green Energy (JGE) for the supply of 200  EN 182|5MW Turbine Platform and its maiden 320 MWh BESS (Battery Energy Storage Systems). JGE will deploy the wind turbine generators (WTG) for various projects won under State & Central auctions and the BESS package for […]

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