India

Green Stocks April 11: A Day To Shine

We finally had a day where most green stocks in our pack outshone the market. While it is anyone’s guess how long the recovery will sustain, it was certainly obvious that value buyers are taking a second look at green energy after a sharp correction in many cases. The big standouts today were the wind […]

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India’s Rooftop Solar Picks Pace, Capacity Touches 17 GW

The latest data released by the Ministry of New and Renewable Energy (MNRE) claimed that India’s rooftop solar capacity is now touched 17 GW, hinting at an expeditation in the sector. This comes almost one year after the launch of the PM Surya Ghar scheme. While India’s cumulative rooftop solar capacity stood at around 11 […]

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UP Reaffirms 22 GW Solar Goal, Reviews PM-KUSUM Progress

Uttar Pradesh (UP) government has reaffirmed its goal of adding 22 GW of solar energy capacity, during a review meeting chaired by Union Minister for Consumer Affairs, Food and Public Distribution and New and Renewable Energy Pralhad Joshi, and Uttar Pradesh Chief Minister (CM) Yogi Adityanath. The meeting in Lucknow focused on evaluating progress under […]

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Mauritius Becomes First African Country To Sign ISA’s Partnership Framework

Mauritius has become the first African country to sign a Country Partnership Framework (CPF) with the International Solar Alliance (ISA), marking a step forward in its clean energy transition. The island nation is the fourth globally, after Bangladesh, Bhutan, and Cuba, to formalize the framework. The CPF is developed by the ISA to promote medium- […]

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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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JSL, Sunsure Sign Solar PPA To Source Power From UP Project

Sunsure Energy said it has signed an 11 MWp long-term power purchase agreement (PPA) with JSL Super Steel, a Ghaziabad-based unit of Jindal Stainless Ltd, to supply solar power from its 49 MWp project in Augasi, Uttar Pradesh. The recent Power Purchase Agreement (PPA) between Sunsure Energy, an independent power producer, with JSL Super Steel, […]

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India Adds 23.8 GW Of Solar Capacity In 2024-25, Creates History

India added a massive 28.72 GW of renewable energy capacity (excluding large hydro) in the financial year 2024–25. This marked the highest annual capacity addition in the last five years. Data from the Ministry of New and Renewable Energy (MNRE) revealed the historic rise of solar and renewable energy capacities in 2024-25. This surge was […]

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JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr

JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […]

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EzUrja, Andrew Yule Launch Microgrid EV Charging Hub In Kolkata

EzUrja, in partnership with Public Sector Undertakings (PSUs), Andrew Yule & Company, has launched its EzEnergy Microgrid EV Charging Hub in Kolkata, which the companies claim is among the largest in India and the second largest globally. This initiative is a partnership between Andrew Yule & Company Ltd, one of India’s oldest Public Sector Undertakings […]

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