Wind

Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY

The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […]

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MNRE Allows Prototype Wind Turbines 3 Yrs For Testing

The Ministry of New and Renewable Energy (MNRE) has issued new draft guidelines stating that prototype wind turbines will be allowed a maximum of three years to obtain type certification for new technologies. These guidelines are part of MNRE’s latest framework for installing prototype wind turbine models. According to the proposal, the installation of a […]

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Sterling & Wilson Wins ₹1,470 Cr Orders For Three Renewable Projects

Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC company backed by Reliance group, has secured three new domestic letters of award worth ₹1,470 crore. The company received two letters of award from private IPPs and was declared L1 for a 200 MW AC solar project. SWREL’s first Wind EPC order came […]

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Senvion Announces Crossing 1 GW WTG Capacity In India

Wind turbine manufacturer Senvion today announced crossing 1 GW of wind turbine manufacturing capacity in India. Meanwhile, the firm also announced completing the manufacturing of 500 nacelles from the Baramati (Maharashtra) plant and 500 sets of blades from blade factories in Vadodara (Gujarat) and Tiruchirappalli (Tamil Nadu). “Senvion runs its business with Make in India […]

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Brookfield Announces Sale of 1.6 GW of RE Assets To Gentari

Brookfield Asset Management, an alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”). These will be structured in two phases. The first phase, comprising the sale of 1 GW of operating assets, is […]

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India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study

India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study,  Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […]

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MP 2025 Policy: Powering Non-RE States, Upgrading Substations

Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […]

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Karnataka Clean Mobility Policy 2025-30 Aims To Attract ₹50,000 Cr

Karnataka’s Commerce and Industries Department has released the Karnataka Clean Mobility Policy 2025-30 to attract ₹50,000 crore in investments across the entire clean mobility vehicle value chain. The policy aims to generate approximately 100,000 new jobs during the policy period. It further states that Karnataka’s policy and the package of incentives and concessions will come […]

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Govt Amends Bidding Rules, Tightens Default Penalties

The Ministry of Power (MoP) recently announced a series of amendments to the prescribed guidelines for a tariff-based competitive bidding process. These amendments are meant for the procurement of power from grid-connected solar, wind, and hybrid power projects. The government’s latest notification builds on previous guidelines, including those issued in July 2023 for energy storage projects, in […]

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