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SECI Floats 125 MW/500 MWh BESS Tender in Kerala With VGF

The Solar Energy Corporation of India (SECI) recently released a tender to set up a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala with Viability Gap Funding (VGF) support. The last date for bid submission is set as February 6, 2025. This marks the 22nd standalone BESS tender in India. This is […]

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Solar Energy Trends in 2025-The View From Europe

A tsunami of cheap Chinese solar panels flooding Europe, an increasing taste for rooftop solar and a boom for small, medium and large-scale battery storage. These are the three strongest trends in solar energy as we move into the new year. I have predicted global solar and renewable trends for the past ten years. Most […]

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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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Refex, LC Infra Collaborate For 150 MW MAHAGENCO Solar Project

Tamil Nadu-based Refex Renewables & Infrastructure Limited recently incorporated LC Infra Solar LLP as its new step-down subsidiary. The new entity is designed to build a 150 MW solar power project. Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) awarded this project to Refex. To develop this project, the company established the subsidiary through an initiative […]

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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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Adani Green Subsidiary Commissions 250 MW Solar Project At Rajasthan

Adani Green Energy Limited (AGEL), step-down subsidiary, Adani Green Energy Twenty Five Limited, recently commissioned its 250 MW solar power project. This project is located at Badi Sid, District in Jodhpur, Rajasthan.  With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,434 MW. Earlier this year, the company commissioned […]

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Rooftop Solar: 81,188 Govt Buildings Potent To Generate 3 GW

The latest data from the Ministry of New and Renewable Energy (MNRE) said that the installation of rooftop solar on identified government buildings could harness up to 3.1 GW of solar energy. Minister of State (MoS) of MNRE Sripad Yesso Naik said that the ministry has identified 81,188 such feasible government buildings where rooftop solar […]

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Continuum Green Energy IPO Bound, To Raise Rs 3650 cr

Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […]

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NTPC Races To 300 Billion Units in 2024-25

NTPC Group has crossed the 300 Billion Units (BU) generation mark in FY 2024-25. It crossed the 300 BU generation mark on December 18, 2023 (FY 2023-24), a full 10 days faster than it did last year. While NTPC has an installed capacity of 76.5 GW, over 29.5 GW of capacity, including 9.6 GW of […]

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