India

ALMM: Waaree Remains At Top, Goldi Solar Picks Pace

The latest Approved List of Models and Manufacturers (ALMM), issued by the Ministry of New and Renewable Energy (MNRE), has reported significant changes in various solar companies’ cumulative solar module manufacturing capacities. A comparison of the total capacities of 95 solar module manufacturing units listed under the ALMM revealed that Waaree Energies remained at the top […]

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NHPC Connects 300 MW Rajasthan Solar Project

NHPC has connected the 300 MW Bikaner Solar Power Project, in Rajasthan with ISTS and started injecting 31 MW of power into the grid on March 31, 2025, said the company. NHPC said in a regulatory filing, “The commercial declaration of the part capacity of 100 MW in phases shall be intimated in due course. […]

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Green Stocks March 28: FY26 Beckons

As trading drew to a close on the last trading day of FY25, our green energy pack, and the sector in general, had much to think about. A year that began with immense promise, delivered strongly with unprecedented access to public and private capital for green energy firms. Early moves benefited as well, and now […]

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Govt Proposes Mandating RE for Open Access, Captive Users

The Indian government has recently amended the renewable Energy Consumption Obligation (RCO) rules to facilitate open access consumers and captive power users, ensuring a smoother regulatory framework for renewable energy obligations. The Ministry of Power (MoP) issued a notification detailing these changes, aiming to enhance compliance with renewable energy consumption mandates. The government has sought […]

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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo

Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […]

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Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh

Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […]

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60% Of Municipal Bonds Miss Being Labelled Green: CEEW-GFC

Municipal green bonds could mobilize up to Rs. 20,000 crore (USD 2.5 billion) by 2030, unlocking critical funding for civic and climate-resilient urban growth in India, according to a new independent report released by the CEEW Green Finance Centre (CEEW-GFC). The report, Unlocking Green Finance for India’s Urban Local Bodies Through Municipal Green Bonds, finds […]

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India Headed For 20.7 GW Polysilicon Capacity, Says Minister

Shripad Yesso Naik, Minister of State For Power; and Ministry of New and Renewable Energy, in a written reply before the Rajya Sabha, stated that India has added 48.3 GW of fully or partially integrated solar PV module manufacturing capacity to date. This includes approximately 37.5 GW of ingot and wafer manufacturing capacity, most of […]

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