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ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC

ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC).  This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […]

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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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Germany Sets New Price Ceilings for 2025 Renewable Energy Auctions

Bundesnetzagentur, the German independent federal authority that regulates and oversees infrastructure markets recently set new determinations setting price ceilings for the renewable energy generation auctions to be held in 2025. The organization set the price ceilings of 6.80 cents per kilowatt hour (ct/kWh) for ground-mounted solar photovoltaic (PV) systems, 7.35 ct/kWh for onshore wind, 9.00 […]

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Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture

A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation.  The rise of renewable power through the recent decades has also […]

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Assistant Manager CAD (CIVIL -SOLAR PROJECTS ONLY))

Responsibilities:- India and Overseas site visits during various phases of the project (pre-bid, construction, Operation and Maintenance) and prepare site visit report, site feasibility assessment and remedial measures for Solar PV plant as per requirement. Review preliminary investigation reports, Geo-technical, topography, hydrology and prepare executive summary from the reports and shall propose best suitable solution […]

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ACME Solar Commissions 1 GW Solar Projects In Rajasthan

Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one of the largest single-location projects in India. The remaining capacity […]

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News In Brief Dec 19: RWE’s 10 GW Milestone, Exide Picks Honeywell, Envision’s Storage Win

RWE Owned, Operated Clean Generation Assets Reaches 10 GW In US RWE, a leading global energy company, has reached significant growth in the U.S. after hitting 10 gigawatts (GW) of installed generation capacity of onshore wind, solar, and energy storage facilities in operation from coast to coast. The company owns and operates a diverse portfolio of more than […]

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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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IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project

The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations.  IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […]

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