India

Aerem, OMC Eyes ₹200Cr Rooftop Solar Financing For UP MSMEs

Aerem Solutions and OMC Power have announced a partnership to provide ₹200 crore in financing for rooftop solar projects aimed at Micro, Small and Medium Enterprises (MSMEs) in Uttar Pradesh. Under the agreement, Aerem, through its non-banking financial company (NBFC), will extend credit facilities to OMC Power’s customers. The initiative is intended to boost solar […]

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India’s Renewable Energy Sector Sees Surge In FDI: CEEW

India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […]

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Govt Issues Draft Climate Finance Taxonomy To Curb Greenwashing

India’s Department of Economic Affairs under the Ministry of Finance has issued a draft framework for the country’s Climate Finance Taxonomy and invited public and expert feedback by June 25, 2025. The draft framework will be the basis for developing sectoral annexures to outline the measures, activities, and projects considered climate-supportive, and those identified for […]

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Khavda: What Aided Adani Green To Cross Solar CUF Beyond 32%

Adani Green Energy claimed that it was able to achieve a Capacity Utilization Factor (CUF) from its solar plants at Khavda beyond 32% in the last quarter, setting a new record. The top management of the firm in its latest investor call attributed this to the use of the latest technology. The firm said that […]

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Green Stocks May 7: Stocks Struggle To Make Most Of Positive Day

On a day when the market remained broadly positive, and the smaller caps more so, the green pack struggled to take full advantage. Many EPC players like KPI Green had a disastrous day, relatively, as it lost over 4%. Is the market reading the slight delay in the Q4 results announcement as a bad sign? […]

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Solex Wins 310 MW Solar Order From KPI Green

Surat-based Solex Energy has secured a Rs. 451 Cr (Rs 4,510.92 million) order from KPI Green Energy to manufacture and supply 310 MW of N-Type TOPCon 615Wp glass-to-glass (G12R) solar PV modules, the company said in a stock exchange filing. The project is expected to be completed within six months from September 2025, as per […]

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Wattpower Eyes BESS, C&I Segment To Diversify Products

Indian inverter manufacturer Wattpower Systems is set to expand into the commercial and industrial (C&I) solar market and begin manufacturing battery energy storage systems (BESS). The firm has planned to undertake the new projects within the next six to eight months, the top management of the firm told Saur Energy. The Chennai-based firm, which started […]

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Global Solar Growth Hits 600 GW: SolarPower Europe

SolarPower Europe’s latest report reveals that the world installed a record 597 GW of solar power in 2024 – a 33% surge over 2023. After the world crossed the milestone of 2 terawatts (TW) total solar in late 2024, the annual report predicts the world could be installing 1 TW of solar per year by […]

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NIRL, RVUNL Sign PPA For 810 MW Solar Park In Pugal, Rajasthan

NLC India Renewables Limited (NIRL), a subsidiary and renewable energy arm of NLC India Limited (NLCIL), has signed the Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project. This agreement was signed with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) at a ceremony held in Jaipur. The project will be established within […]

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