SUBSCRIBE NEWS LETTER

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Top 5 Solar Energy Markets to Boom in 2025

The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […]

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Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps

In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so […]

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NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh

NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […]

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SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh

Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […]

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SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble

In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […]

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CREDA Plans Rooftop Solar Under RESCO Mode, Issues Tender

Chhattisgarh State Renewable Development Agency (CREDA) recently invited expressions of interest (EOI) to select bidders to implement 20 MWp grid-connected rooftop solar systems under RESCO model. These projects will be located in registered housing societies in Chhattisgarh. The solar power generated under this project will be sold to registered housing societies in Chhattisgarh. Bids will […]

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Sungrow Aims For Large Share Of Residential, Storage Segments in 2025

Sunil Badesra, Country Head (India and South Asia) for Global inverter leader Sungrow has reason to feel satisfied. Not only has the firm had a stellar 2024 in India, but the future looks even more promising thanks to the strong demand in the market, and a lineup of product offerings from Sungrow India. New launches […]

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JSP, Adyant, Green Prairie, AMPIN, Adani Renewables Secure NTPC’s 1.2 GW Hybrid Project

As the year comes to an end, NTPC, a Maharatna company, has announced five winners of its 1.2 GW wind-solar hybrid project (Hybrid 02) tender. NTPC awarded the project to JSP Green (Jindal Renewables), Adyant Enersol (Datta Infra), Green Prairie Energy IV (EverGreen Power), AMPIN Energy Utility, and Adani Renewables Energy Holding Twelve (Adani Green). […]

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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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