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Renewable energy company BluPine Energy is now set to build a 150 MW solar project with an energy storage project at Bikaner in Rajasthan. The company, after winning the bid from the Solar Energy Corporation of India (SECI), is now moving closer to its commissioning. The firm through its Special Purpose Vehicle (SPV) Solarcraft Power India […]
Rajasthan-based EPC firm Indexel Engineering has partnered with US battery technology company UNIGRID to deploy 50 MWh of advanced sodium-ion battery energy storage systems (BESS) in India. The systems will be installed across industrial hubs, renewable energy integration projects, and microgrid applications, aiming to provide cost-effective, thermally stable, and safe storage solutions. The first installations […]
UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […]
The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]
Zelestra, a global renewable energy with a portfolio of over 29 GW clean energy projects across 13 countries has announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment […]
Attero, India’s largest cleantech company and a lithium-ion battery recycler, has signed a memorandum of understanding (MoU) with the National Institute of Solar Energy (NISE), an autonomous body under the Ministry of New and Renewable Energy (MNRE), to address solar panel waste management. Under the MoU, NISE will support Attero with its knowledge and expertise […]
After the sharp rise we saw yesterday, the markets were a lot more cautious today. Thus, despite a modest rise in the indices, most green energy stocks trailed in terms of gains, or even gave up some gains made yesterday. There is a clear flight to size as we can see now, with one of […]
The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […]
Indian solar manufacturer Emmvee has opened its fifth module manufacturing facility at Sulibele, near Bengaluru International Airport, adding 2 GWp of photovoltaic (PV) module capacity. With the latest expansion, the company’s total PV module capacity now stands at 6.6 GWp, while solar cell capacity has reached 2.5 GWp. The 400,000-square-foot facility will employ more than […]
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