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solar project developers

Clean Energy Flunks The Easy Financing Test

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […]

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Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed

Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […]

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Govt To Blacklist CSUN Over Failure To Meet Contractual Commitments

The Indian Government has plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. This is the first time that the ministry is considering such a step against a foreign solar equipment supplier. “We will soon issue […]

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Petitions by SPDs to Consider GST as Change in Law Accepted

The CERC with its latest order has provided some relief to solar developers in a matter of GST compensation. The Central Electricity Regulatory Commission (CERC), hearing on the matter raised by local solar project developers, has issued an order accepting the Goods and Services Tax (GST) as a change in the law in case of […]

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SECI and HPPC Sign PSA for 590 MW of Wind Power

SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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WattPower Reports 100% Growth In Revenue On YoY

Renewable energy company WattPower reported a 100 percent year-on-year growth in revenue between 2023 and 2024. The strong growth consolidates WattPower’s position as a key player in India’s Smart PV solutions sector, with expertise in solar inverter manufacturing and hybrid energy systems, the company said. Major green clients  The company counts major Indian clean energy […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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