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MNRE Denies RE Projects Failing To Secure PPAs

The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […]

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SECI’s 9.29 GW Of Renewable Projects Still Await Buyers

The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […]

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Onix Group Appoints Harpreet Singh Its New CEO

Harpreet Singh recently joined as the new Chief Executive Officer (CEO) at Onix Group (Onix Solar Energy Limited), He has a career spanning over 30 years in Business Development Management, Supply Chain Management (SCM),  Strategic Planning, and Process Improvement across various business segments. Onix Group is an independent power producer (IPP) and EPC company in the […]

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Sunsure Energy’s Contrarian Approach Pays Off 

Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO),  Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […]

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GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green

The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […]

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Saatvik Solar Appoints Kuldeep Jain as COO For Solar EPC Projects

Solar module maker Saatvik Solar, has appointed Kuldeep Jain as Chief Operating Officer (COO) for their Solar EPC & IPP projects. With this strategic appointment, Saatvik Solar aims to bolster its presence in solar projects globally. His extensive experience and expertise are expected to drive the company’s growth trajectory in the renewable energy sector, reinforcing […]

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Gensol Subsidiary–Scorpius Trackers Achieves 1 GW+ Contracted Orders

Solar tracker company Scorpius Trackers, a subsidiary of the Gensol Group, announced that it had reached its milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia, and Uganda.   The company’s client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engine, Sterling Wilson, Azure Power, Kosol Energy and. Notably, the company achieved […]

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iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam

iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […]

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