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Distributed Solar Startup Aerem Raises Rs 100 Crores

Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm.  The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […]

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Pace Digitek Files ₹900 Cr IPO For Setting Up BESS Project

Renewable energy and telecom service provider Pace Digitek Ltd has filed for an initial public offering (IPO) worth ₹900 crore and is considering a pre-IPO placement of up to ₹1,800 million, according to its draft red herring prospectus. The IPO plans follow a string of wins for the firm in recent BESS tenders due from […]

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PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA

Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […]

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Green Stocks April 3- Stocks Shrug Off Tariff Noise To Enjoy A Breather

On a day when the markets struggled to decide just how bad US tariffs on India could be, immediately or in the long term, the immediate consensus seems to be business as usual. Thus, most of our green energy stocks with an overwhelmingly domestic focus did relatively well today, save for Waaree Energies, which is […]

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CATL, Sinopec Join Hands To Build Battery Swapping Stations

Contemporary Amperex Technology Co. Ltd. (CATL) and China Petroleum & Chemical Corporation (Sinopec) have signed a cooperation framework agreement in Beijing, committing to a long-term partnership to develop a nationwide battery-swapping ecosystem. Under the agreement, the companies plan to complete at least 500 battery swap stations this year, with a long-term goal of reaching 10,000 […]

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Indian Railways Speeds Up Solar Installs, Lags Broader Targets

Indian Railways has so far installed about 209 MW of solar plants on 2,249 Railway stations and service buildings across the country . The Indian Railways Solar Power expansion reached 2,249 installations units with 1489 added in the last five years, 2.3 times more than 628 in the previous five years. Rajasthan Leads in Solar […]

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Credence Gets BIS Certification For 730Wp TOPCon Modules

Indian solar module manufacturer Credence Solar has received Bureau of Indian Standards (BIS) certification for its latest 730Wp TOPCon-based solar modules, the company announced in a media statement. With this milestone, Credence Solar joins a select group of Indian manufacturers certified for producing some of the country’s most efficient solar panels. The company told Saur […]

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Sarla, Oriana & Pace Digitek Get 350 MWh In Karnataka’s 1 GWh BESS Tender

Karnataka Power Transmission Corp Ltd (Kptcl) awarded its 350 MW battery energy storage (BESS) project to three winners namely, Sarla Project Works, Oriana Power, and Pace Digitek. KPTCL released this tender in March this year, 2025 and declared winners within a month, one of the fastest transitions from announcement to results. The bulk power procurer […]

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Consumers In Karnataka To Pay 8 Charges For Open Access: KERC

Months after the Karnataka High Court struck down the state’s existing open access rules, the Karnataka Electricity Regulatory Commission (KERC) has introduced a revised regulatory framework. The newly notified KERC (Terms and Conditions for Open Access) Regulations, 2025, aim to streamline access for power consumers and generators. Eight Charges for Open Access Connections Under the […]

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