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Gujarat, Maharashtra Top Beneficiaries Of PM-Surya Scheme Till Oct 24

The government this year approved the PM Surya Ghar: Muft Bijli Yojana to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. According to the latest parliamentary data, Gujarat saw the maximum growth in rooftop solar registrations, followed by Maharashtra and Uttar Pradesh. This growth contributes to the […]

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Green Stocks Nov 27: NTPC Green Lists, Stock Rises 8.74% Over Issue Price

Days after the launch of its Initial Public Offering (IPO), NTPC Green Energy today entered into the Indian stock exchange. While it opened at a price of Rs 111.5 per share, its price shot up to Rs 121.25. At the same time, the stock price of Adani Green, which was witnessing a plunge in its […]

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News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract

Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with  Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […]

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India, ISA Commit To Invest USD 2 Mn For Solar Projects In Four Island Nations

Continuing with its backing for renewable energy for island nations, India recently committed to invest $2 million in new solar projects across four island states namely, Fiji, Comoros, Madagascar, and Seychelles. India announced this at the 5th Strategic Partnership Renewal Meeting in Brussels, during the 10th India-EU Foreign Policy and Security Consultations. At the meeting, […]

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Top 5: Largest Solar Projects in the Middle East Region

The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […]

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Telangana Issues Tender For 1 GW Of Rooftop Solar Projects

The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has now issued a tender for rooftop solar projects. Through this tender, the state has planned to add 1 GW of new rooftop solar capacity. The move comes as the state plays catch up on renewable capacity, considering the limited options to add large, utility scale […]

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Hybrid Projects: KERC Issues Order To Bring Clarity On Transmission Charges

The Karnataka Energy Regulatory Commission (KERC) has tried to bring clarity on transmission charges of hybrid projects. The state power regulator issued a suo motu order in this regard. The order was especially for wind-solar hybrid projects. This comes after Fourth Energy Partner approached the state commission for clarification. National wind-solar hybrid policy  Earlier, the […]

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Green Stocks Nov 26: Weak Market, Weaker Green Stocks Performance

As the market struggled to find a decisive direction today, our green pack had problems of its own. The biggest green developer, Adani Green Energy continued it’s slide into new depths, cracking past Rs 900 after news that JV partner Total Energies would be pausing further investments till clarity emerges on the US indictments. The […]

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