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Electricity Market

Icon Solar Picks Odisha For Solar Cell Plant, Eyes Module Expansion

Indian solar module manufacturer Icon Solar has picked Odisha for its proposed 2 GW solar cell plant. The company is now optimistic about commissioning its solar cell line in the next 14 months. The top management of the firm, in an exclusive conversation with Saur Energy, explained their next course of action. Shakti Dubey, Director […]

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AC/DC Ratio And Impact on CUF- APTEL Directs HERC To Do The Numbers

In an interesting case originating in Haryana, the Appellate Tribunal For Electricity (APTEL) bench has sent the parties involved back to the Haryana Electricity Regulatory Commission (HERC). The intent was to enable the state commission get a chance to actually do the prudent thing and calculate the impact of considering the AC/DC ration as 1:1 […]

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Rahul Walawalkar Bids Adieu To IESA, launches NETRA

Rahul Walawalkar, synonymous with IESA or the Indian Energy Storage Alliance for years has launched Net Zero Energy Transition Alliance (NETRA) – A Global Alliance Accelerating the Net-Zero Energy Transition. Based in the US, NETRA seeks to be a global, industry-led nonprofit committed to accelerating the commercialization and manufacturing scale-up of technologies critical to achieving […]

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Wind Industry Creates New Record In 2024 Despite Instability: GWEC

The Global Wind Energy Council’s flagship Global Wind Report released today shows that 2024 was a record year for new capacity, with 117 GW of wind energy installed across the world. However, GWEC warned of increasing policy instability in some markets, and pointed to the need to improve permitting, grid transmission and auctioning mechanisms to […]

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97% Business Leaders Support Shift Towards Renewable Energy: Report

A global survey of business executives across 15 countries shows overwhelming support for a rapid transition from fossil fuels to renewable energy. The poll found that 97 percent of leaders from mid-market and large companies back a move away from coal and other fossil fuels, with nearly 78 percent supporting a renewables-based electricity system by […]

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Jindal Stainless & AB Energia Build Odisha’s Captive Industrial Solar Plant

Jindal Stainless and AB Energia Solutions Pvt. Ltd., today announced the successful installation and commissioning of a pioneering solar energy project at Jindal Stainless’ manufacturing unit in Jajpur, Odisha. This ground-breaking initiative boasts a cumulative capacity of over 30 MWp, making it the largest captive solar energy plant within a single industrial campus in Odisha. […]

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PM-KUSUM: Crompton Secures ₹10.6 Cr Solar Pump Order

Crompton Greaves Consumer Electricals has secured a Letter of Award (LOA) from the Maharashtra Energy Development Agency (MEDA) for a project valued at over ₹10.60 crore. While Crompton is already operational in Haryana, Rajasthan, and Maharashtra, it is now gearing up to kick off work in Madhya Pradesh and is further prepared to expand across […]

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INR 4.79 Lac Crore Headed For Energy Storage In India By 2032

Leading industry body IESA (India Energy Storage Alliance) has projected that India’s energy storage sector is poised to expand fivefold between 2026 and 2032. At the 5th Edition of Gujarat’s Stationary Energy Storage India (SESI) 2025,  industry leaders expect INR 479 thousand crore investment in energy storage by 2032 to further boost this growth and […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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