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solar power

INR 4.79 Lac Crore Headed For Energy Storage In India By 2032

Leading industry body IESA (India Energy Storage Alliance) has projected that India’s energy storage sector is poised to expand fivefold between 2026 and 2032. At the 5th Edition of Gujarat’s Stationary Energy Storage India (SESI) 2025,  industry leaders expect INR 479 thousand crore investment in energy storage by 2032 to further boost this growth and […]

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Inox Wind Executes 990 MW Wind Energy Order For Purvah Green

Inox Wind Limited (IWL) has executed a 990 MW turnkey order under a 1,500 MW framework agreement, with implementation underway across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The company said it has received all project-related advances, and commissioning is expected to begin in phases from FY26 onwards. The order from Kolkata-based Purvah Green […]

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Adani Ends Up With 8534 MW From Mfg. Linked Tender, Azure Left With 1667 MW

In a petition before the Central Electricity Regulatory Commission (CERC) where the commission finally stayed away from any comment or order, SECI has allocated 8534 MW out of the total 12000 MW to Adani Green, while Azure Power, which had won 4000 MW in comparison to Adani’s 8000 MW in the same tender, has been […]

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Green Stocks April 17: Mixed Day With News Based Movements

On a day when the nifty comfortably outshone the small cap and mid-cap indices, most of our green stocks that belong to the latter two categories followed the same pattern. While EPC firms continued their momentum from yesterday led by Waaree RTL and Sterling and Wilson Renewable energy, giving them company were solar manufacturers Premier […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

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. […]

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Zelestra India appoints Prashant Kumar as Chief Financial Officer

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 […]

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Green Stock April 16: Caution Rules, Mostly

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 […]

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Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY

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 […]

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BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project

BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […]

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