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India May Add 30 GW Of Renewable Capacities In 2024-25

India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […]

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Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore

Gensol Engineering Limited, a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […]

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Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route

Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […]

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Adani To Commission 1GW Of New Wind Capacities In FY25

Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […]

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KPI Green Gets Rs 686 Crore Credit Facilities For Kutch Solar project

KPI Green Energy has received a final sanction letter for credit facilities amounting to Rs. 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District. According to a regulatory filing by the company, it had earlier raised Rs. 300 Crores through a Qualified Institutional Placement (QIP), […]

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ENGIE Signs PPA for 200 MW Solar PV Project With GUVNL

ENGIE, a leader in low-carbon energy solutions, has announced the signing of Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited’s (GUVNL) larger project encompassing 1,125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable […]

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JSW Energy Signs PPAs for 1,325 MW of Renewable Energy Projects

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has made significant strides in its renewable energy expansion. The company has signed Power Purchase Agreements (“PPAs”) through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Limited […]

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China Flexes Solar Muscle (Again) With 5 GW Project Commissioning

Lest their be any doubt over China’s absolute dominance and leadership in the renewable energy space, especially solar power, the Country reminded the world with a mammoth 5 GW project it commissioned earlier this month. The world’s largest solar project is a massive 5GW solar park in the north-west of the Xinjiang region that covers […]

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