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First Solar

SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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India’s EV Sector Is Looking For Its Maruti Moment

India’s automobile industry has witnessed transformative moments, but none as impactful as the Maruti Suzuki revolution of the 1980s. The Maruti 800 democratized car ownership, making vehicles accessible to the formidable ‘middle class’ and revolutionizing the Indian car market. Today, as the country stands on the cusp of an EV revolution thanks to the Indian […]

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Serentica Increases Renewable Energy Capacity For Hindustan Zinc to 530 MW

Indian renewable energy company Serentica Renewables has announced strengthening its partnership with Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer. This expanded power delivery agreement increases Hindustan Zinc’s round-the-clock (RTC) renewable energy capacity from 450 MW to 530 MW. This has led to a boost in its clean energy share to […]

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SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff

A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […]

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Saurenergy Explains: AC Block vs DC Block – Battle of BESS

Renewable energy sources struggled to become a reliable alternative to fossil-based power for long. The Utility-scale battery energy storage systems (BESS) emerged as a panacea to renewable woes, with new renewable projects now even accommodating BESS as a part of the project. The landscape of utility-scale BESS is also now witnessing a dynamic evolution, with […]

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PM-KUSUM: Hariom Pipe Secures 60 MW Project, Forays Into RE

Hariom Pipe Industries Limited (HPIL) has entered the renewable energy sector, securing a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW (AC) Solar Photovoltaic Power Generating Stations. This project falls under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, which aims to implement feeder-level solarization under Component C […]

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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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Green Stocks March 4: Some Respite For Green Stocks

The stock market today saw a marginal growth today after a long halt, with companies like Borosil Renewables gaining 5%. Other companies on the green stocks list saw a price increase. These included Sterling and Wilson Renewable and Acme Solar. On the other hand, Gensol Engineering’s stock dropped another 20% today. Moreover, the green stock […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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