India

JSW, UPPCL Sign 1,500 MW Pumped Hydro Storage PPA

JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage.  The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […]

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Indian Oil Okays ₹1,086 Cr Additional Investment In Terra Clean

Indian Oil Corporation Ltd has approved an additional equity investment of ₹1,086 crore in its wholly owned subsidiary Terra Clean Ltd to develop 4.3 GW of renewable energy capacity, the company said in a regulatory filing. The fresh investment supplements the ₹1,303.75 crore previously sanctioned for developing 1 GW of renewable capacity through Terra Clean, […]

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NTPC Green Commissions 75 MW Solar Project

NTPC Green Energy Ltd has commissioned a 75 MW renewable energy capacity under Lot-4 of the IRCON Renewable Power Ltd (IRPL) project, raising the project’s cumulative operational capacity to 225 MW out of a planned 500 MW, the company said in a regulatory filing. IRPL is a joint venture between Ayana Renewable Power Pvt Ltd, […]

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Jindal Poly Films To Acquire Stake In Solar Film Maker Enerlite

Jindal Poly Films Ltd (JPL) will acquire full ownership of Enerlite Solar Films India, a manufacturer of encapsulation films used in photovoltaic (PV) modules, the company said in a regulatory filing on Wednesday. JPL, which currently holds a 33.05% stake in Enerlite, said the firm would become a wholly owned subsidiary following the transaction. The […]

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Knack Energy Eyes Solar Cell Production, Module Expansion

Ahmedabad-based cleantech company Knack Energy is now aiming to diversify its product offerings besides augmenting its solar module production capabilities. The top management of the firm in an interview with Saur Energy, talked about their diversification plans and future roadmap up to 2027. Ravi Patel, Director of the firm, told Saur Energy that the firm, […]

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Green Stocks April 30: No Joy For Green Stocks On Volatile Day

Today was an exceptionally rough day in some ways for our green energy pack, as not a single stock ended up in the green. While the extent of losses varied, the losses were hardly insignificant for most, as you can see in the table. EPCs were particularly badly hit, as they suffered higher losses than […]

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Swelect To Start Solar Cell Production From 2027: Mirunalini Chellappan

Tamil Nadu-based solar module manufacturer Select Energy Systems is now all set to start the production of solar cells likely in 2027, the top management of the firm told Saur Energy. In an exclusive interview with Saur Energy, Mirunalini Chellappan, Director at the publicly listed company, said that the firm is now taking all decisions […]

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Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand

First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […]

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Solar Yaan Announces To Bring ‘Affordable Microinverters’

Solar Yaan, an Indian solar inverter company known for its strong presence in the grid-tied inverter segment, is now significantly expanding its portfolio to cater to the evolving needs of the domestic solar market. The company now claims to have launched its latest micrionverter series. Manoj Patel, MD and CEO of the firm told Saur […]

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