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solar energy

PM Surya Ghar: MNRE Issues Norms For Projects Under RESCO

The Ministry of New and Renewable Energy (MNRE) has now come up with its operational guidelines to implement the PM Surya Ghar scheme under the RESCO model. The new norms talk about the Payment Security Mechanism and disbursement of central subsidies under the regime. Under the RESCO model, renewable energy usually takes up the onus […]

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FY25: Karnataka Witnesses A Fall In New RE Capacity Additions

Karnataka Renewable Energy Development Ltd (KREDL) shared recent data on the annual renewable capacity addition in the state. The data found a decline in annual renewable energy projects in the state in the past years. The government data on year-wise commissioned projects indicated a significant drop in installed capacity in Karnataka in FY25. As of […]

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Offshore Wind’s 2024 in India- Building Blocks Falling Into Place

India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […]

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Gensol EV To Showcase Its First EV Model At Bharat Mobility Expo

Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Limited, today announced its plans to showcase its first-ever compact electric vehicle, EZIO. The company will present its upcoming model at the Bharat Mobility Global Expo 2025, scheduled to take place from January 17 to January 22, 2025, at Bharat Mandapam, New Delhi. Gensol […]

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Green Stocks Dec 27: Gensol Stock Price Moves Up By 6.52%

The stock market presented a mixed picture for Indian renewable energy companies today. While seven green firms saw their stock prices rise, an equal number experienced declines. The highest gain was recorded by Gensol Engineering, with a 6.52% increase in its stock price. This surge comes on the back of the company securing an EPC […]

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Khavda: Gensol Gets Rs 897.47cr EPC Contract From NTPC REL

Gensol Engineering Limited, a solar solutions company recently secured an EPC contract from NTPC Renewable Energy Limited (NTPC REL). This contract entails the development of 225MW-AC (Equivalent To 276 MWDc) grid-connected solar PV projects at GSECL Solar Park (Stage-III), Khavda. The project lies at the Rann of Kutch in Gujarat. The total bid value for […]

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South Africa Announces 8 Bidders For 1.76 GW RE Projects

South African Electricity and Energy Minister, Kgosientsho Ramokgopa recently appointed eight preferred bidders to develop eight renewable energy projects. These projects will be developed under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 7. The project has a combined contracted capacity of 1.76 GW. It further awarded the project to eight preferred […]

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China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices

Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […]

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