SUBSCRIBE NEWS LETTER

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ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth

A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […]

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Green Stocks Sep 16: Adani Green Shines Bright, Most Stocks Subdued

On a day that clearly belonged to Adani Green, India’s largest green energy developer rose over 7% to levels the stock hasn’t seen for a while. The trigger was the award of an LOI (along with group firm Adani Power, which also rose ) for supply of 6600 MW of power to Maharashtra, with a […]

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SJVN Invites Bids For 600 MW/2,400 MWh ESS Across India

SJVN, in coordination with the Renewable Energy Implementation Agency (REIA), has released a 1.2 GW tender for solar plus energy storage. The tender invites bids from Solar Power Developers (SPDs) to set up ISTS-connected Solar PV Power Projects with 600 MW/2,400 MWh Energy Storage Systems (ESS) anywhere in India under Tariff-Based Competitive Bidding on a […]

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Chief of Unit Resource Mobilisation (P4)

Reporting to the Assistant Director-General (Programs) or a designated officer, this role will lead a team of professionals – International and National Officers. The Chief will provide expert advice, develop policies, and lead resource mobilization and fund-raising efforts. S/he will lead the financing, and capital/investment flows that will meet ISA’s mandates in implementing solar projects/initiatives. […]

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GUVNL Looks to Procure 500 MW Hybrid Renewable Power

Gujarat Urja Vikas Nagam Limited (GUVNL) has issued a tender seeking developers for a hybrid solar-wind projects. The state-utility sought to purchase the clean power from this hybrid project through competitive bidding process (followed by reverse e-auction). As per the tender documents of this 500 MW hybrid renewable energy projects (Phase I), GUVNL will also […]

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Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024

Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call.  In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […]

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NTPC Issues Tender for Supply of 3000 MW Firm & Dispatchable Renewable Power

NTPC has issued a tender for the selection of renewable energy power generators for the supply of 3000 MW firm and dispatchable power from ISTS-connected renewable energy power projects anywhere in India (NTPC-tranche-II) on Build-Own-Operate basis anywhere in India. The last date for receipt of bids comprising both technical and financial bid is December 12, […]

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Cheaper Than Imports? US Counts On Inflation Reduction Act To Galvanise RE Manufacturing

Researchers at Dartmouth and Princeton released a report on the estimated impacts the Inflation Reduction Act will have on the US wind and solar industry, including changes in wind and solar manufacturing, labor standards for clean energy workers, job creation, and demand for materials. Specifically, the report explores the impacts of the law’s clean electricity production and investment […]

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MERC Allows TPSL To Supply Wind Energy From Its Hybrid Plant As A ‘Short-Term Measure’ 

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed TP Saurya Limited (TPSL) to partially supply only wind power from its 300 Megawatt (MW) hybrid Power plants under a separate short-term power supply agreement.  The development came when the renewable energy developer petitioned to seek its approval. It had earlier signed a PPA […]

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