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solar power developers

Budget 2025: Experts Expect Spur In India’s Renewable Growth

The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […]

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Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push

The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […]

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Green Stocks Jan 31: Will The Budget Light Up Green Stocks?

The answer to our headline seems to be a yes, going by the performance of our green energy pack today. While Waaree Energies stood out after delivering a stellar set of results that are much closer to the firm’s potential for the next year as well, it is the firm’s commentary that should interest analysts. […]

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Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth

Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […]

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Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects

The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […]

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Telangana Joins BESS Space With 250 MW/500 MWh Tender

Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […]

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Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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Green Stocks January 20- Mixed Day for Green Stocks As Trump Impact Looms

Green energy stocks had a mixed day today as the market looks for cues from the incoming Trump administration. While everyone is hopeful that the new President will continue to blow hot and cold but look for ‘deals’ eventually, worries on India’s solar exports do not seem to be top of the mind, going by […]

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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