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GPS Renewables Secures Rs 411.50 Crore Debt-Financing

Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […]

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CleanMax, Apple Partner To Accelerate Renewable Adoption In India

Renewable energy company–CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of carbon dioxide (CO2) emissions throughout their operational life. By […]

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Sterling & Wilson Renewable Shines Among Green Stocks

On a day when the broader sensex still fell by over 0.5%, many of the green energy stocks in our tracker made a smart recovery as sentiment continued to favour their prospects over any looming risk currently. While Waaree Continued its now predictable run to the upper circuits, EPC player Sterling and Wilson Renewable made […]

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Could Interest Rates Trip Up India’s Renewables Push?

Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […]

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Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […]

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Top 5 Ways In Which Artificial Intelligence Will Impact Renewable Energy Sector

As the clamor for a net-zero future grows across the world, the energy sector might go through a major transformation in the coming years with a renewed push towards renewable energy and deployment of clean energy methods across the horizon. As one thing leads to the other, the power usage pattern over the years has […]

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ReNew Crosses 10 GW Of Gross Renewable Energy Assets

Sumant Sinha led  ReNew, one of the earliest and largest players in the clean energy space in India,  announced on Wednesday that it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW, a major milestone for the firm. Accounting for […]

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