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Don’t Levy Wheeling Charges In Select Open Access Cases: MERC

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, stated that the state discom is not entitled to levy wheeling charges on certain open-access connections. The ruling came after three solar power generators and consumers approached the Commission with complaints. The petitioners included ReNew Sun Renewables, Renew Surtya Alok, and Renew Sunlight Energy. They […]

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CERC Cuts Tariff To Rs 2.68/Unit Vs Rs 3.22/Unit Claimed For Kerala Floating Solar

Kerala’s 90 MW Kayamkulam Floating Solar plant, owned by NTPC saw a final levelised tariff of Rs 2.68/unit approved by the CERC, versus the claim for Rs 3.22/unit claimed by NTPC. KSEBL had sought the determination of the final tariff for the 92 MW project, while expressing concerns over the provisional tariff of ₹2.94/kWh determined […]

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Green Stocks April 4: No Respite As US Tariffs Continue To Trip Up markets

After having apparently dodged the worst of the impact from US Tariff announcements today, there was no escaping the impact today. the Indian markets followed most global markets in going for a dive. Markets are clearly digesting the uncertainty of follow on actions on April 9 from the US spreading to more sectors, as well […]

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Tata Power To Introduce A Diploma In Renewable Energy In Tamil Nadu

Tata Power’s Solar manufacturing arm and a wholly owned subsidiary of Tata Power Renewable Energy Limited, has signed a Memorandum of Understanding (MoU) with Guidance Tamil Nadu and the DoTE (Directorate of Technical Education) to introduce the ‘Diploma in Renewable Energy’ course—a pioneering initiative designed to develop a skilled workforce for India’s fast-growing clean energy […]

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Manager – Business Development (Solar) (m/f/d)

To generate Enquiries, collections and servicing of medium to larger scale ground mounted solar projects in Maharashtra for Captive & Group Captive Business in State of Maharashtra Roles & Responsibilities:- Performs following business development functions including but not limited to:- Prospecting/ identifying, selecting and acquiring potential power consumers in the state of Maharashtra for Group […]

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Trump tariffs and Impact on Indian Solar-Cloudy With Silver Linings

As governments across the world and industry coordinate to better understand the impact of the Tariff blow from the US, it is interesting to see how the solar sector in India will be affected. Keep in mind that India has slowly been emerging as a key solar manufacturer after years of efforts to push domestic […]

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Distributed Solar Startup Aerem Raises Rs 100 Crores

Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm.  The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […]

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Pace Digitek Files ₹900 Cr IPO For Setting Up BESS Project

Renewable energy and telecom service provider Pace Digitek Ltd has filed for an initial public offering (IPO) worth ₹900 crore and is considering a pre-IPO placement of up to ₹1,800 million, according to its draft red herring prospectus. The IPO plans follow a string of wins for the firm in recent BESS tenders due from […]

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PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA

Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […]

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