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Gamesa and Tata Power Inks Wind Venture Pact of 100MW in A.P

Gamesa, keeps on gaining ground in the Indian business sector, having marked its first contract with Tata Power for the development of 100Mw wind ranch on a turnkey premise. Under the agreement couched with Tata Power, Gamesa will introduce 50 of its G97-2.0 MW class ‘S’ turbines at the Nimbagallu wind farm, situated in the […]

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Avaada Group Closes Financing For 9 of Its Diverse RE Projects

Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […]

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India’s Top Solar Module Makers In December 2024

The Ministry of New and Renewable Energy (MNRE) has released its latest data on the Approved List of Models and Manufacturers (ALMM), revealing that India’s enlisted solar module manufacturing capacity has crossed 64 GW. Currently, 97 domestic solar manufacturers are listed on the central government’s registry. While there are approximately 130 solar module manufacturers across […]

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Indosolar, Visaka Enter ALMM, Module Capacity Touches 64.5 GW

The Ministry of New and Renewable Energy (MNRE) has released the latest Approved List of Models and Manufacturers (ALMM) for solar modules. The latest list issued in January shed new highlights for the Indian solar market for the enlisted solar manufacturers of India. The updated list highlights that India’s total enlisted solar module manufacturing capacity […]

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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 2: Stocks Trail Market Surge

On a day when the broader BSE Sensex spiked almost 1.8%, the green pack turned in a less than similar performance, with most stocks failing to keep up. Other than solar pump leader Shakti Pumps of course, which has enjoyed a stellar run these past two weeks. KPI Green, which turns ex-bonus tomorrow, was the […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing

Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […]

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MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing

The Madhya Pradesh Cabinet has now approved the expansion of the area of ​​Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans.   The Cabinet decided to add 442.04 acres of land in Industrial […]

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