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Insolation Energy Secures Rs. 372.20 Crores From RREC & Teerth

Jaipur-based Insolation Energy has received a combined order worth ₹372.20 crore from Rajasthan Renewable Energy Corporation Limited (RREC) and Teerth Gopicon. The project is expected to be completed by the financial year 2025-26. While sharing an update about its recent rooftop solar project order from RREC, the company stated in a regulatory filing, “We have […]

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Chinese Firms Dominate Global Wind Market But Profits Sink: Report

Wood Mackenzie’s latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese wind energy companies led the global market in 2024. For the first time, Goldwind, Envision, and MingYang secured the top three positions worldwide, highlighting China’s increasing influence in the sector. However, the dip in their profitability remained a concern, the […]

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MENA

Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund

Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […]

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EG Solwin, Welspun, NLC, & Adani Bag NTPC’s 1.2 GW Hybrid Projects

NTPC has awarded 1.2 GW of wind-solar hybrid power projects to EG Solwin Renewable for 300 MW, Welspun Renewable Energy 250 MW project, NLC India 450 MW hybrid project, and Adani Renewable Energy secured 600 MW project. The tender allocated the project to EG Solwin, Welspun Renewable Energy, and NLC India at the lowest tariff […]

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MENA

Tamil Nadu Issues 500 MW/1000MWH BESS Tender With VGF

Tamil Nadu Generation and Distribution Corporation Limited (TNEGCL) has issued a tender for the development of 500 MW/1000 MWh battery energy storage projects under the Build-Own-Operate (BOO) model. The tender includes six standalone Battery Energy Storage Systems (BESS) of 1000 MWh (500 MW x 2 hours) to facilitate “on-demand” energy storage through tariff-based competitive bidding […]

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Green Stocks March 17: Mixed Day For Green Stocks

On a day when the mid-cap and small-cap cohorts moved in opposite directions, green energy stocks reflected this dichotomy as well. Be it manufacturers (Waaree Energies, Premier Energies), EPCs (Waaree RTL, Sterling, and Wilson Solar, or developers like NTPC Green or Acme Solar, it was a day for surrendering whatever small gains they had made […]

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RMC Switchgears Gets 50 MW Rooftop Project For Solar Initiatives

Rajasthan-based RMC Switchgears has received a Letter of Acceptance (LoA) from the Rajasthan Government for a 50 MW rooftop solar project. The installations will be spread across state government buildings in Jaipur and Dausa. Project Scope and Financials Under the contract, RMC Switchgears will be responsible for the design, supply, erection, and commissioning of rooftop […]

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Wave Solar To Launch Hybrid Inverters Soon: Keyur Gajera

1. What are the major products Wave Solar offers for the Indian market? Wave Solar aims to be a key partner in India’s solar growth journey. As the solar market expands, we are contributing by offering advanced solar inverters that support the country’s growing solar projects. Currently, we provide solar string inverters ranging from 1kW […]

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Over $900M Mobilized For Clean Energy At 2025 SEforALL Forum

The SEforALL Global Forum committed over USD 900 million to scale energy access and drive the clean energy transition. Moreover, key global partners announced initiatives aimed at accelerating clean energy investments and promoting sustainable development worldwide. The SEforALL Global Forum held from 12-13 March in Bridgetown was co-hosted by SEforALL and the Government of Barbados […]

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