India

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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MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP

Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […]

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Inox Green Enters Solar O&M With 675 MWp Projects Across India

Inox Green Energy Services has agreed to provide operations and maintenance (O&M) services for 675 MWp of solar projects owned by one of India’s leading renewable energy companies. The projects are located across multiple states in India. With the agreement, Inox Green — one of the country’s leading renewable O&M service providers — marks its […]

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ALTÉRRA Makes $100mn Debut Investment In India’s Evren

ALTÉRRA, one of the world’s largest private climate investment vehicles, has announced its first co-investment, committing $100 million to Indian renewable energy company Evren. The investment, made through the ALTÉRRA Acceleration Fund, marks the fund’s first direct investment in the Global South. It aims to accelerate clean energy deployment in partnership with Brookfield Asset Management […]

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Green Stocks April 29: Green Stocks Continue In Twilight Zone

Red or green. For now, it is none of those two signals for green energy stocks, as most remain rangebound after a slight upward shift over the past week. That explains how Adani Green Energy, despite a fairly healthy set of numbers, corrected a little today, even as no stock made a decisive move in […]

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UPNEDA Issues Tender For 110 MW Solar Projects At Two Parks

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender for a cumulative 110 MW solar park project in the state, spread across two locations. The tender specifies a 35 MW grid-connected solar project in the Kanpur Nagar Solar Power Park and a 75 MW project in the Kanpur Dehat Solar […]

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NTPC Green Issues Bid For 900 MW Gujarat Solar Projects

NTPC Green Energy Limited (NGEL) invited bids for land and an EHV transmission system package to develop up to 900 MW solar projects in the Bhuj region in Gujarat. It has sought bids up till May, 21st, 2025.  Scope Of Work The tender mandates the bidder to undertake land-related works such as the arrangement of […]

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Green Stocks April 28: Developers Enjoy Strong Gains On Volatile Day

On a volatile day when the smaller indices trailed the major Nifty and BSE Sensex, among green stocks, India’s largest green developer Adani Green Energy enjoyed a good day in anticipation of its results. The company of course crossed a key milestone of 12 GW of operational assets with strong momentum to cross 15 GW […]

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