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To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […]
India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […]
NTPC Renewable Energy Limited (NTPC REL) a wholly owned subsidiary of NTPC Green Energy Limited has successfully declared the commercial operation of the final 60 MW capacity of its 150 MW Gujarat Solar PV Project, marking the full commissioning of the project in Limbdi, Gujarat. This solar venture was awarded under the GUVNL 500 MW […]
JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […]
Maharashtra-based solar module manufacturer Novasys is now aiming to scale up its solar module manufacturing with TOPCon technology to 2.6 GW by the end of the financial year 2025-26. The top management of the firm told Saur Energy about its expansion plans, including their preparedness to launch solar cells and IPO (Initial Public Offering). Ashok […]
German EPC firm Enerparc Energy, which has its India headquarters in Bengaluru, has announced its 35 MWp IPP solar project in Gujarat. Designed to cater to the growing demand for clean energy among Commercial and Industrial (C&I) consumers. Early off-takers hails from prominent industrial players across sectors such as recycling, automotive, packaging and plastics, and […]
Adani Green Energy, the green energy developer of the Adani Group announced its results late on April 28. The company reported a 25.54 per cent rise in consolidated net profit to Rs 383 crore in the March quarter, primarily driven by higher revenues. The company had posted a consolidated net profit of Rs 310 crore […]
In the United States (US) 76% of global clean-tech factory investment in 2024 supported manufacturing in mainland China, far surpassing other markets despite efforts by governments to promote “onshoring” and “friendshoring”, said BloombergNEF’s (BNEF) Energy Transition Supply Chains 2025 report. The BNEF report said the United States remained a leading provider of manufacturing subsidies, but […]
India’s Kosol Energie has launched its new TOPCon Sun Plus Series solar modules, featuring a 620 Wp panel that retains the compact dimensions of a standard 550 Wp panel (2278 x 1134 x 35 mm). The company said the module offers a conversion efficiency of 24%, positioning it among the highest-performing products in the market. […]
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