India

2025: BRICS Solar Generation Jumps 39% YoY, Russia, Egypt, Indonesia Trail

A new report from energy think tank Ember shows that the ten BRICS nations accounted for 51% of global solar electricity generation in 2024, up from just 15% a decade earlier. The findings, released ahead of the BRICS summit, highlight a major shift in the global energy transition, positioning the bloc as a key player. […]

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Green Stocks July 2: Investors Remain Skittish As Trade Deadline Nears

While hopes of a good Q1 show might yet be alive, it is clear that for now, markets are more preoccupied with the looming deadline of July 9 for an India-US trade agreement. While the data has no special significance other than being an arbitrary target date, the fact remains that even a small deal, […]

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Solex Green Energy Bags ₹68.7 Cr Multi-Client Solar Order

Solex Energy’s subsidiary, Solex Green Energy, has bagged multiple orders under Gujarat’s Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, it said in a regulatory filing. It added that the company secured the project from multiple awardees, under the Government’s Distributed Renewable Energy Bilateral Purchase (DREBP) policy. It added that the cumulative solar project order of […]

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ALMM: Jakson, Pahal, TP Solar & Swelect Add New Capacities

The Ministry of New and Renewable Energy (MNRE) has updated its Approved List of Models & Manufacturers (ALMM) for solar modules, revealing a significant boost in domestic manufacturing capacity and the entry of new players. With the latest additions, India’s enlisted solar module manufacturing has touched 91.45 GW. The latest ALMM edition shows established manufacturers […]

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KUSUM Comp C: SJVN Green Floats 951 MW Solar EPC Tender In Maharashtra

SJVN Green Energy Ltd, a subsidiary of SJVN, has invited bids for an EPC contract to develop 951 MW of solar projects under the Mukhymantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0) in Maharashtra. The tender falls under Component C of the central government’s PM-KUSUM scheme and includes comprehensive operation and maintenance (O&M) for a […]

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Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps

Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […]

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SECI Crosses 60 GW Milestone in Power Sale Agreements

The Solar Energy Corporation of India Limited (SECI), a Navratna Central Public Sector Enterprise under the Ministry of New and Renewable Energy, has successfully executed over 60 Gigawatts (GW) of Power Sale Agreements (PSAs) for renewable energy (RE) capacity, it said. A SECI statement said, “This achievement marks a pivotal step in the nation’s progress […]

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July 1: Green Stocks Seek Direction

With Q1 finally behind the pack, it was obvious that, much like the market, green stocks would also be seeking direction going ahead. A key factor will be the India-US trade agreement, if it is announced, even an abridged version as indicated, in the next two weeks. One feels the whole market will let out […]

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IREDA Reports Loan Book Growth To Reach ₹79,960 Crore

Indian Renewable Energy Development Agency Ltd (IREDA) in its provisional financial results for the quarter that ended on June 30, 2025 has hinted at a progressive growth. Moreover, the company reported a robust growth in loan sanctions, disbursements, and the loan book. The company’s latest results is result are subject to audit. IREDA’s provisions results […]

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