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The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets

India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […]

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Adani Green Secures USD 400 Mn For 750 MW Power Projects

Adani Green Energy Ltd (AGEL) has announced USD 400 million in financing for its under-construction projects. Through this financing, the company extends support to its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. The consortium of lenders is financing Adani’s projects that are expected to come online from […]

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Vikram Solar Bags 250 MW Module Order From GIPCL

Leading module manufacturing firm Vikram Solar, has announce a significant a 250 MW order win from Gujarat Industries Power Company Limited (GIPCL). The company has successfully received the Letter of Intent (LoI). The sizeable order is a welcome sign of rising demand for one the oldest firms in the solar manufacturing sector The modules to […]

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Waaree Energies Secures 400 MW PV Supply Contract From GIPCL

Waaree Energies Limited, India’s leading solar PV modules manufacturer, recently received a reception of a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for a 400 MW module supply deal. The contract entails the supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, […]

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POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants

Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […]

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SGEL, APDCL Sign Agreement To Develop RE Projects In Assam

SJVN Green Energy Ltd (SGEL), a wholly owned subsidiary of the company SJVN Green Energy Limited (SGEL) signed a joint venture cum shareholders agreement with Assam Power Distribution Company Limited (APDCL). The agreement covers the development of renewable energy projects/parks within the APDCL / SGEL or SJVN command area. This project is to be undertaken […]

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Adani Green Races Past 10 GW Operational Milestone In March’24

With a string of plants being operationalised all through March last month, Adani Green Energy Limited (AGEL)has surpassed 10,000 megawatts (MW) of a completely green operational portfolio. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. The milestone is a key landmark for AGEL’s  goal of 45,000 […]

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