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Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report

Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […]

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SECI Discovers Rs 3.41 Price In 1200 MW Solar Plus ESS Tender

SECI’s 1200 MW Solar with 1200 MWh BESS tender, floated in March this year, turned up a surprise in terms of the price discovery of Rs 3.41 per unit from the winning bidder, Pace Digitek Infra Private Limited. This price discovery matches and in some cases beats the recent price discoveries from plain vanilla RE […]

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Rooftop Solar: Gujarat, Maha Added Highest Capacities In 7 Months

Months after the launch of the PM Surya Ghar scheme, several states have seen increased installation of rooftop solar systems (RTS). However, the three Indian states seem to have taken the lead in the country with the highest installation share in the country. These include-Gujarat, Maharashtra and Kerala. Government data compared by Saur Energy revealed […]

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India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond

India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […]

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India’s Solar Capacity Crosses 85 GW, Installations Pick Pace

India’s total solar energy capacity has now surpassed 85 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) said. The ministry said that with the addition of the new solar capacities in June this year, India’s total renewable capacity (excluding large hydro) touched 148 GW.   The ministry’s monthly progress report said […]

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Juniper Secures 480 MW Hybrid PPAs From GUVNL And NTPC

Juniper Green Energy signed two Power Purchase Agreements (PPAs) for hybrid renewable energy projects with a total capacity of 480 MW. These PPAs were signed with two companies namely GUVNL and NTPC. The company said, “GUVNL Hybrid Phase 1 of the project marks the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), featuring […]

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Inox Wind Bags 200 MW order for Its 3 MW Turbines

 Inox Wind Limited (IWL) has bagged an order for 200 MW from a renewable C&I power producer. The order is for IWL’s latest 3 MW Wind Turbine Generators (WTGs) and the scope comprises of end-to-end turnkey execution. Additionally, Inox Wind will provide post commissioning multi-year operations & maintenance (O&M) services. The project will be executed […]

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Waaree Renewable Tech Bags 335 MW EPC Order From Acciona Energy

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, India’s largest manufacturer of solar PV modules, has been awarded the Engineering, Procurement, and Construction (EPC) contract for ACCIONA Energy’s subsidiary Juna Renewable Energy Private Limited’s 412.5 MWp/335 MW photovoltaic project in Rajasthan. The project, located in Kawani Village, Bikaner district, is a utility-scale solar […]

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ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO

 Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […]

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