Solar Energy

Manipur: NHPC Issues Rooftop Solar Tender For 13 Govt Buildings

NHPC’s renewable energy arm, NHPC Renewable Energy (REL), recently issued a tender to select developers for grid-connected rooftop solar plants at various government buildings in Manipur. These projects will be developed under the RESCO mode, with a bid submission deadline of March 17, 2025. NHPC REL manipur rooftop solar tender stated, “The bidder is expected […]

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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr.

Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […]

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Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects

The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […]

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Q3 Adani Energy Solutions: PAT Up 80% YoY At Rs 625 Cr.

Adani Energy Solutions Limited (AESL), a part of the Adani portfolio and a transmission and distribution company in India shared its financial and operational performance for the quarter and nine months ended December 31, 2024. The company highlighted some of its key achievements for Q3. “Adani Energy Solution saw a robust growth of 24% in […]

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KSERC Clears KSEBL’s PSA With SECI For 500 MW Project

The Kerala State Electricity Regulatory Commission (KSERC) recently reviewed a petition filed by the Kerala State Electricity Board Ltd. (KSEBL) seeking approval for a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI). The agreement entails procuring 500 MW of power, including 250 MW allocated for two hours of peak power supply […]

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India To Add 25 GW Of Solar Capacity By FY25 End: Ind-Ra

India Ratings and Research (Ind-Ra), a research organization in its latest report maintains a stable rating outlook for energy infrastructure projects for FY26. Four major factors drive this outlook: India’s economic growth, a sustained energy transition with renewables gaining a higher share in installed capacity and generation, a strong pipeline of capacity additions (both renewable […]

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Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities

The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects.  Patel has […]

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Africa Deploys 2.5 GW Of Solar Capacity In 2024

Africa last year in 2024, added 2.5 GWp of new solar capacity, reaching a total of 19.2 GWp across the continent. The Africa Solar Industry Association’s (AFSIA’s), “African Solar Outlook” report found, that during this period, Africa’s utility-scale solar has represented almost 72% of all new capacity installed. This is a major shift from the […]

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