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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr

Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March.  The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with  consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […]

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Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha

In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […]

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ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC

ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC).  This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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Green Stocks Dec 20: Amid Market Mayhem, Some Green Stocks Make a Point

On a day when the market left few stocks unscathed in a broad slump, it was left to a few green stocks to hold out yet again, Starting with EPC firm KPI Green Energy, which rose 5%, to Premier Energies which somehow stayed in the green. However, the sharp drop in many others, notably SWREL […]

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Refex, LC Infra Collaborate For 150 MW MAHAGENCO Solar Project

Tamil Nadu-based Refex Renewables & Infrastructure Limited recently incorporated LC Infra Solar LLP as its new step-down subsidiary. The new entity is designed to build a 150 MW solar power project. Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) awarded this project to Refex. To develop this project, the company established the subsidiary through an initiative […]

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Sembcorp Enters BESS Market In India, RE Capacity Touches 6 GW

Sembcorp Industries (Sembcorp) today announced receiving a Letter of Award (LoA) for a 150 MW solar photovoltaic project coupled with a Battery Energy Storage System (BESS) of 300MWh. The Singapore-based company secured this award from the Solar Energy Corporation of India Ltd (SECI) through its subsidiary Sembcorp Green Infra Private Limited (SGIPL).  The Build-Own-Operate (BOO) […]

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Prakash Chand Garg Joins NSEFI As Its New Principal Advisor

The National Solar Energy Federation of India (NSEFI), an industry body representing India’s renewable energy sector, has appointed Prakash Chand Garg as NSEFI’s new Honorary Principal Advisor.  PC Garg’s illustrious career spans over 37 years in the power sector, during which he has held diverse and impactful roles.  In his long career, he has contributed […]

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