India

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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CleanMax, Toyota Tsusho To Supply 300 MW RE To Japanese Firms In India

CleanMax, a Brookfield-backed company, and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership. TTIPL, a subsidiary of Toyota Tsusho Corporation, Japan, and a member of the Toyota Group’s new partnership entity, aims to leverage synergies between both companies to develop and operate 300 MW of renewable energy projects for corporations by March […]

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Bikaner: NHPC Commissions 214.28 MW Of Karnisar Solar Project

NHPC recently partially commissioned its Karnisar Solar Power Project in Bikaner, Rajasthan. “After successful completion of the trial run on June 29, 2025, commercial operation of the fourth phase, with a part capacity of 53.57 MW, commenced from June 30, 2025,” NHPC said. With this, the cumulative operational capacity of the project has reached 214.28 […]

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Maharashtra’s New Tariff Order Likely to Hit C&I Solar Profitability

The latest MYT tariffs approved by the Maharashtra Electricity Regulatory Commission (MERC) are likely to reduce the profitability of solar power for commercial and industrial (C&I) consumers. The new tariffs and regulatory changes may limit the savings potential for users of both rooftop solar and green energy through open access. This concern arises from changes […]

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