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Sunsure Energy to Supply 21 MW Solar Power to Lupin’s Tarapur Facility

Gurugram based developer Sunsure Energy and Lupin Limited (LUPIN), the Mumbai based global pharmaceutical company, today announced the signing of a 21 MW (31.5 MWp) solar Open Access Power Purchase Agreement (PPA). Through this agreement, Sunsure will supply solar power to Lupin’s Tarapur facility in India, sourced from its 100 MW (150 MWp) solar plant […]

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After Defiance By BESCOM, KERC Issues Fresh Order On Net-Metering

The Karnataka Electricity Regulatory Commission (KERC) has now issued a fresh order for the ESCOMS in Karnataka. This comes after the state power regulator found irregularities in the implementation of its earlier order where it talked about non-availability of the benefits of net metering facility for rooftop solar consumers who opt for open access connections. […]

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Green Stocks Sep 10: Green pack outshines Nifty Yet Again

On a day when the benchmark Nifty index rose by 0.41%, most stocks in our green pack comfortably outshone the index. Leading the charge was the venerable Tata Power, which rose over 6.5% on the back of the commencement of cell manufacturing operations. Also rising sharply were the two key wind turbine sellers, Inox Wind […]

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GoodWe Solar Meet In Maharashtra Builds Bridges With Stakeholders

Solar inverter major GoodWe is leaving no opportunity to build a pan India presence. The company’s latest meet in Pune was received warmly by participants, indicating the strong interest in solar solutions and the huge opportunities in Maharashtra particularly. The  customer meet and technical training event was supported by Vashi Integrated Solutions held with Pune, […]

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Borosil Renewable In Deal With Clean Max For Green Energy

Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […]

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MERC Declines MSEDCL’s Plea To Not Allow Virtual Net Meters

The Maharashtra Electricity Regulatory Commission (MERC) in its latest notification decided to stick to its plan to roll out the facility of virtual net-metering for residential consumers especially living in multi-storeyed buildings. The state power regulator in its discussion on a draft regulation on the issue ruled out the pleas of the Maharashtra discom and […]

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Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium

International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […]

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BluPine Energy On Track To Achieve Its RE Targets: Rahul Mishra

BluPine Energy started operations in India in 2021. Since then what were the major milestones for the firm? BluPine started its Commercial and Industrial (C&I) segment in 2022. Since then, we have secured around 400 MW of C&I projects in states like Karnataka, Maharashtra, and Chattisgarh. The company has planned to add a cumulative renewable […]

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SPECIAL REPORT: UP’s Time To Shine In Solar

At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […]

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