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RE projects

Diamond Firm SRK Marks 61 Years With New Solar Projects For Diamond Units

Surat-based Shree Ramkrishna Exports (SRK), a diamond company, celebrated its 61st anniversary with “Parivarotsav 2025”. A key highlight of the event was the inauguration of two solar power projects—a 6 MW plant in Akala village and a 0.814 MW facility in Amod. The projects will supply clean energy to SRK’s diamond manufacturing units, SRK Empire […]

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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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GUVNL Awards 500MW/1000MWh BESS Projects At 2.80 Lac/MW/Month

Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its latest 500MW/1000MWh Battery Energy Storage System (BESS) projects to Solarworld Energy Solutions Limited and HG Infra Engineering Ltd at tariffs ranging from ₹2.80 lakh to ₹2.85 lakh per MWh per month. The newly discovered tariffs are about 25% lower than the previously discovered L1 rate of […]

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Inox Wind Executes 990 MW Wind Energy Order For Purvah Green

Inox Wind Limited (IWL) has executed a 990 MW turnkey order under a 1,500 MW framework agreement, with implementation underway across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The company said it has received all project-related advances, and commissioning is expected to begin in phases from FY26 onwards. The order from Kolkata-based Purvah Green […]

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Adani Ends Up With 8534 MW From Mfg. Linked Tender, Azure Left With 1667 MW

In a petition before the Central Electricity Regulatory Commission (CERC) where the commission finally stayed away from any comment or order, SECI has allocated 8534 MW out of the total 12000 MW to Adani Green, while Azure Power, which had won 4000 MW in comparison to Adani’s 8000 MW in the same tender, has been […]

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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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Waaree Renewable Delivers With Strong Finish To FY25

Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […]

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