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India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report

The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […]

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Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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Waaree Commences Commercial Solar Module Production In US

Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Ltd has announced the commencement of commercial production of solar modules at its advanced manufacturing facility in Brookshire, Texas. The unit boasts a capacity of 1.6 GW. With the facility now fully operational, Waaree Solar Americas is set to produce solar photovoltaic (PV) modules […]

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NTPC Floats JV To Boost Solar Projects In Sri Lanka

Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […]

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Clean Electric Unveils 15-Minute Charging Technology

Clean Electric, an EV solutions company has launched its 15-minute universal and interoperable rapid charging system for light electric vehicles (LEVs) at the Bharat Mobility Expo 2025. This innovation, built on the Standardized Open Network Type-6 BIS Approved Charging Standard, addresses one of the biggest challenges of EV adoption—charging speed. By combining speed, compatibility, and […]

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Power & Instrumentation Gets Rs. 17.07 Cr For 5 MW Solar Project

Gujarat-based EPC company, Power & Instrumentation (Gujarat) Limited recently secured a work order of Rs. 17.07 Crores (Including taxes). It secured the order to supply, install, test, and commission plant and equipment at the site complete in all respects for the 5 MW (AC) Solar Power Project at Latur District, Maharashtra. Power and Instrumentation secured this […]

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Nidhi Khare Becomes The New Secretary Of MNRE

The Ministry of New and Renewable Energy (MNRE) has now witnessed a change of guard at the bureaucratic level. The ministry today announced the appointment of Nidhi Khare as its new secretary. The ministry in a statement informed about the new appointment. She was today seen taking over the charge at the MNRE office. She […]

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NTPC REL Issues 2.5 GW BESS Tender For Its Thermal Plants

NTPC REL recently released a tender to develop a 2500 MW/10,000 MWH Battery Energy Storage System (BESS) project. The NTPC subsidiary has planned the project as spread across NTPC thermal power stations. The last date to submit the bids is February 17, 2025.  The tender document elaborated on the project’s capacity. It mentioned, “The battery […]

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Sunsure Energy Gets Rs 400 Cr Debt Funding From Aseem Infrastructure

New Delhi-based Sunsure Energy has secured Rs 416.35 Crore in long-term debt financing from Aseem Infrastructure Finance Limited to fund the development of Sunsure’s 150 MWp open-access solar park in Solapur, Maharashtra. The 1st phase of the plant has already been commissioned, with the full plant is expected to be commissioned by March 2025. Sunsure is […]

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