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ACCIONA Energía To Build 412MW Solar Plant In Rajasthan

Spain-based renewable energy company ACCIONA Energía has announced that it will build a new 412MWp photovoltaic project in the state of Rajasthan. As per the press release by the company, the project will be commissioned by 2025. The solar farm will consist of around 750,000 photovoltaic modules of 545Wp each. It will produce around 800GWh […]

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Gautam Solar Supplies 60 MW Of Solar Panels For PM-KUSUM Yojana

Solar Panel manufacturer Gautam Solar has announced that it has delivered 60 MW solar panel modules under the PM Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Yojana. The company said that it has delivered these high-efficiency solar panels and that they are indigenously made. Gautam Solar’s 10BB Mono PERC Solar Panels embed larger […]

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Fluence Energy Reports Record $1.1 Billion Quarterly Order Intake

Energy provider and storage products company Fluence Energy, which also deals with services as well as digital applications for renewables and storage, announced its results for the three months ending December 31, 2023. The firm recorded a quarterly revenue of approximately $364.0 million, which represents an increase of 17% from the same quarter last year. […]

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COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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Puducherry Invites Bids For 225 MW Rooftop Solar Projects

The electricity department of Puducherry has invited bids for supplying material for the 225 MW solar project. The bid is regarding establishing fixed rates for the design, supply, erection, testing, and commissioning of grid-connected rooftop solar power projects across various capacities for residential buildings. According to the tender notice, the due date for submission of […]

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Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh

The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.”   India […]

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Nextracker, Sterling and Wilson In 2 GW Pact For Trackers In India

US based global tracker leader Nextracker has announced it has won a repeat order from Sterling and Wilson Renewable Energy  for Phase 2 and Phase 3 solar projects of NTPC at Khavda, Gujarat. The projects, for an aggregate size of 1.5GWdc (Phase 2) and 375MWdc (Phase 3) will be using Nextracker’s NX Horizon Solar Trackers. […]

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Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […]

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ALMM Is Back, With Key Exemptions

The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […]

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